Property score
82.2
Excellent
Overall 82.2 · Smaller and older than most nearby homes
1,488 sqft (bottom 10%) · Built in 2012 (3 yrs older than avg)
Located in a high-income area with median household income of ~103k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 40%Chinese · 21%
Past 10 years Bridgwater Lakes sales snapshot (~80% of all data)
738
647.5k
$319/sqft
2015
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82.2 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
242 Bellflower Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 244 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 28% | Top 49% | Top 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This well-situated family home in Bridgwater Lakes offers a blend of space, modern updates, and established community living. Built in 2012, it presents a practical and comfortable living environment with notable outdoor space.
Key Characteristics & Appeal
The home’s primary appeal lies in its generous, nearly 10,000 sqft lot, which places it in the top 3% for size on its street. This provides significant room for gardening, play, or future expansion. The living space is practical at 1,488 sqft, and key updates include a renovated basement, adding valuable finished square footage. With an attached garage and a 2012 build date, it offers modern construction without the premium of a brand-new home.
Its strongest suit is its above-average positioning within the broader market. The property ranks in the top 10% in Winnipeg for both lot size and assessed value, suggesting a solid, high-value asset in a desirable city quadrant. It particularly suits growing families or downsizers who prioritize a large, private yard in a newer community. It’s also a sensible choice for value-conscious buyers looking for a move-in-ready home with a renovated basement in an area that has shown strong value retention, as indicated by its substantial increase in assessed value since its last sale.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
The lot is exceptionally large for a modern subdivision, ranking better than 94% of all properties in Winnipeg. This is a standout feature for the area.
2. The home was built in 2012. What does that imply for maintenance?
As a 14-year-old home, major structural components are still in good condition, but it is entering the period where original appliances, roof shingles, and HVAC systems may soon need inspection or planned replacement.
3. The assessed value has risen significantly since 2021. What does this mean?
The increase to $580,000 reflects strong market appreciation for the Bridgwater area and this specific property. It sets a formal benchmark for municipal taxes, but the market sale price will be determined by current conditions and buyer competition.
4. Is the living space smaller than average for the neighbourhood?
At 1,488 sqft, the above-grade living area is modest for Bridgwater Lakes, ranking better than only 10% of the neighbourhood. However, the renovated basement effectively expands the usable living space, making the total footprint more competitive.
5. What is the neighbourhood character of Bridgwater Lakes?
It’s a modern, master-planned community with a focus on families, parks, and lakeside pathways. The property’s high lot-size ranking suggests it is one of the more spacious offerings within this newer community fabric.
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