Property score
87.8
Excellent
Overall 87.8 · Compared with neighbourhood average
2,096 sqft (top 42%) · Built in 2015
Located in a high-income area with median household income of ~103k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Near average
0 yrs newer 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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87.8 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
305 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 74 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 21% | Top 29% | Top 5% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 45% | Bottom 30% | Top 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 305 Bridge Lake Drive, Bridgwater Lakes
Key Characteristics & Appeal
This is a modern, two-storey home built in 2015, situated on a generously sized lot in the sought-after Bridgwater Lakes community. Its primary appeal lies in a combination of move-in readiness and strong community standing. The home features a renovated basement and an attached garage, with a living area that places it comfortably within the top quarter of homes on its street. The lot size is a particular highlight, ranking in the top 23% of the street, offering above-average outdoor space for the area.
The property’s value proposition is underscored by its consistent performance in key metrics. It ranks in the top third of its neighbourhood for lot size and sits in the top 5-8% of all Winnipeg homes for both assessed value and recent sale price, indicating a history of strong valuation. This suggests a home that has kept pace with or exceeded broader market trends. It would suit buyers looking for a established, low-maintenance property in a modern suburb—perfect for professionals, small families, or downsizers who want space without the upkeep of an older home. A thoughtful perspective is that while the home is newer, its 2015 build date means the major initial depreciation has passed, and any original component warranties may be nearing expiration, placing it in a practical, settled phase of its lifecycle.
Frequently Asked Questions
1. How does the property’s value compare to its immediate neighbours?
The home ranks better than 69% of homes on its street for assessed value and 68% for its last sold price, indicating it is valued above the direct street average, likely due to its larger lot and renovations.
2. What does the sale history tell us about the home’s market performance?
It sold for $500k in 2016 and $640k in 2021. This shows a solid increase in value over that five-year period, with the last sale price positioning it in the top 5% of all Winnipeg homes sold at that time.
3. Is the lot size typical for Bridgwater Lakes?
No, the 6,237 sqft lot is a standout feature. It ranks better than 77% of lots on Bridge Lake Drive itself and 67% within the wider Bridgwater Lakes neighbourhood, offering more private outdoor space than most comparable properties.
4. The home was built in 2015. What should I consider about its age?
As an 11-year-old home, major systems like the roof, HVAC, and appliances are potentially approaching mid-life. A pre-purchase inspection is wise to assess their condition, though the modern build means you’re unlikely to encounter the issues common in much older homes.
5. How does this home compare to others in Winnipeg for space and value?
It ranks in the top 26% of Winnipeg for lot size and the top 8% for living area, meaning it offers more space than the vast majority of city homes. Its assessed and recent sale values are in the top 5% citywide, confirming it sits in a higher-value tier.
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