3 Timbercrest Court

Bridgwater Lakes, Winnipeg

Property score

80.3

Excellent

Overall 80.3 · Smaller than most nearby homes

1,478 sqft (bottom 8%) · Built in 2014 (1 yr older than avg)

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

Transit 76.0 · 7-min walk to transit with 4 nearby routes · Within 500m: 1 park nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Near average

1 yrs older 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

80.3 is composed by the two sections below.

Property Score

78.8Good
Living Area1,478 sqft75Good
Year Built201494Excellent
Lot Size5,914 sqft74Good
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
1,478 sqft
0255075100
Same streetBottom 1%Same areaBottom 8%CitywideTop 32%
Same street · Timbercrest Court
#12 / 12
Bottom 1% · Avg 1,993 sqft
Same area · Bridgwater Lakes
#1,092 / 1,191
Bottom 8% · Avg 2,018 sqft
Citywide · Winnipeg
#61,957 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
589k
0255075100
Same streetBottom 8%Same areaBottom 38%CitywideTop 9%
Same street · Timbercrest Court
#11 / 12
Bottom 8% · Avg 641.1k
Same area · Bridgwater Lakes
#736 / 1,191
Bottom 38% · Avg 688.3k
Citywide · Winnipeg
#17,019 / 194,458
Top 9% · Avg 390.1k

Year Built

above average
2014
0255075100
Same streetTop 33%Same areaTop 45%CitywideTop 8%

Lot Size

around average
5,914 sqft
0255075100
Same streetBottom 25%Same areaTop 42%CitywideTop 35%

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

3 Timbercrest Court — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 365 m).

Search radius
🌳Parks1

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 10/2021CA$600k–650k
Sold price

Same street

Bottom 44%

Same area

Top 35%

City-wide

Top 6%

Related homes

Highlights & common questions: 3 Timbercrest Court, Winnipeg

Property Overview: 3 Timbercrest Court, Bridgwater Lakes

Key Features & Ideal Buyer

This well-maintained one-storey home in the popular Bridgwater Lakes community offers a practical and modern living space. Built in 2014, its key characteristic is a renovated basement, adding valuable finished square footage to the 1,478 sqft main floor. The property sits on a generous, nearly 6,000 sqft lot with an attached garage, situated on a quiet court.

The appeal lies in its balance of a move-in ready condition within a sought-after, family-oriented neighbourhood. The home’s rankings against local comparables reveal nuanced strengths: while its living area is more compact than many in the immediate area, it excels in broader metrics. It is newer than 91% of Winnipeg homes and ranks in the top 8-9% citywide for both assessed value and recent sale price, suggesting strong underlying value and a history of solid investment.

This property would best suit downsizers, first-time buyers, or small families seeking the convenience of single-level living in a modern community. It’s ideal for those who prioritize a low-maintenance lifestyle, a finished basement for extra space, and a stable investment in a neighbourhood that consistently performs well in the wider Winnipeg market.

Frequently Asked Questions

Q: How does the living space compare to the neighbourhood?
A: The home’s living area is on the more modest side for Bridgwater Lakes, which is known for larger homes. This can be an advantage for buyers seeking easier maintenance and lower utility costs, while still enjoying all the community amenities.

Q: The assessed value seems low compared to nearby sold prices. Why?
A: Municipal assessed value (listed as $58.90k) is for taxation purposes and is not a market valuation. The home last sold for $61.5k in 2021, and its ranking in the top 6% of Winnipeg sale prices at that time indicates its market value is significantly higher.

Q: What does the "renovated basement" include?
A: The listing confirms the basement is finished but does not specify the details. A viewing is essential to see the quality, layout, and permitted status of the renovation to understand how it adds to the living space.

Q: Is the property a good investment based on its rankings?
A: Its consistent ranking in the top tiers of Winnipeg for year built, assessed value, and past sale price indicates a property that has historically held its value very well against city-wide benchmarks, which is a positive sign for long-term stability.

Q: The lot is large, but what about outdoor maintenance?
A: The 5,914 sqft lot offers great potential for gardening or outdoor living. As a one-storey home, the yard will feel particularly spacious, but buyers should consider the maintenance commitment for landscaping, snow clearing, and general upkeep that comes with a larger parcel.

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