231 Creekside Road

Bridgwater Lakes, Winnipeg

Property score

77.9

Good

Overall 77.9 · Smaller but newer than most nearby homes

1,350 sqft (bottom 5%) · Built in 2018 (3 yrs newer than avg)

Located in a high-income area with median household income of ~103k

Transit 40.0 · 18-min walk to transit with 2 nearby routes

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 40%Chinese · 21%

Past 10 years Bridgwater Lakes sales snapshot (~80% of all data)

Sold Count

738

Median price

647.5k

$/sqft

$319/sqft

Avg build year

2015

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Property score

77.9 is composed by the two sections below.

Property Score

74.9Good
Living Area1,350 sqft71Good
Year Built201897Excellent
Lot Size4,954 sqft60Fair
Neighbourhood Sales Activity79Good

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Bridgwater Lakes

How to read: Share of sales in each ~$50k price band for “bridgwater lakes” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257

Community deep dive

$103K

Median household income

$120K

Average household income

14%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

13%

Single-person households

44%

Families with children

Population, labour & age

Population (2021)11,365
Labour force participation rate77%
Median age30.4
Avg household size3.1
Unemployment rate8%
Population density1696 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households13%
Couple families with children44%
Median household income (2020)$103K

Housing

Renter households21%
Condominium dwellings14%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority69%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 39%
Mother tongue (2nd)Chinese · 20%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,350 sqft
0255075100
Same streetBottom 1%Same areaBottom 5%CitywideTop 38%
Same street · Creekside Road
#129 / 130
Bottom 1% · Avg 2,164 sqft
Same area · Bridgwater Lakes
#1,131 / 1,191
Bottom 5% · Avg 2,018 sqft
Citywide · Winnipeg
#74,866 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
554k
0255075100
Same streetBottom 8%Same areaBottom 26%CitywideTop 12%
Same street · Creekside Road
#119 / 130
Bottom 8% · Avg 722.6k
Same area · Bridgwater Lakes
#886 / 1,191
Bottom 26% · Avg 688.3k
Citywide · Winnipeg
#23,717 / 194,458
Top 12% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 32%Same areaTop 12%CitywideTop 4%

Lot Size

around average
4,954 sqft
0255075100
Same streetBottom 7%Same areaBottom 25%CitywideBottom 42%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

Search radius
No data within 500 m.

Crime & Safety

Bridgwater Lakes · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-96%

vs. prior year

Primary type

Other

50%

Sales History

Sold 9/2020CA$450k–500k
Sold price

Same street

Bottom 4%

Same area

Bottom 16%

City-wide

Top 22%

Related homes

Highlights & common questions: 231 Creekside Road, Winnipeg

Property Overview: 231 Creekside Road, Bridgwater Lakes

Key Features & Ideal Buyer

This well-maintained one-storey home in the popular Bridgwater Lakes community offers modern convenience in a family-oriented neighbourhood. Built in 2018, its key characteristic is a recently renovated basement, adding valuable finished living space to the 1,350 sqft main floor. The home sits on a generous, nearly 5,000 sqft lot and includes an attached garage.

Its primary appeal lies in its balance of being a relatively newer build with established landscaping and neighbourhood maturity, avoiding the raw feel of a brand-new subdivision. The renovated basement immediately boosts its functional space for living or storage. The data suggests a strong value proposition: while its living area is modest for the street, its assessed value ranks highly city-wide, indicating it may be a competitively priced entry into a desirable area. This property would best suit first-time buyers, small families, or downsizers seeking a modern, low-maintenance single-level layout in a vibrant community, without the premium price tag of a larger home on the same street.

Frequently Asked Questions

1. How does this home compare in size to others on the street?
At 1,350 sqft, the living area is more compact than most homes on Creekside Road, ranking in the bottom 1% for the street. This is reflected in its accessible price point, offering an opportunity to live in the neighbourhood at a lower entry cost.

2. What does the "renovated basement" entail?
The listing confirms the basement is finished but does not specify the details of the renovation. A viewing is essential to assess the quality, layout, and permitted status of the work to understand how it adds to the home’s livable space.

3. The assessed value seems low. Is that accurate?
The $55.4k figure is the provincially assessed value for taxation purposes, not the market value or listing price. Market value is typically significantly higher. Its high city-wide ranking (top 11%) indicates the assessment is strong compared to Winnipeg overall.

4. Is the lot a good size for the area?
Yes. The 4,954 sqft lot is above average for the neighbourhood, ranking in the top 25%. This provides good outdoor space relative to many newer communities.

5. The home sold in 2020. What does that history tell us?
It sold for $45.7k in September 2020. The large increase to its current assessed value ($55.4k) aligns with broader market trends over that period. This history shows it has been a relatively recent turnover, not a long-held property.

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