309 Bridge Lake Drive

Bridgwater Lakes, Winnipeg

Property score

85.1

Excellent

Overall 85.1 · Newer than most nearby homes

1,856 sqft (bottom 41%) · Built in 2017 (2 yrs newer than avg)

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

8% smaller than neighborhood avg.

Year Built

Above average

2 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

85.1 is composed by the two sections below.

Property Score

86.8Excellent
Living Area1,856 sqft89Excellent
Year Built201797Excellent
Lot Size5,035 sqft67Good
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

above average
1,856 sqft
0255075100
Same streetTop 37%Same areaBottom 41%CitywideTop 15%
Same street · Bridge Lake Drive
#59 / 158
Top 37% · Avg 1,844 sqft
Same area · Bridgwater Lakes
#707 / 1,191
Bottom 41% · Avg 2,018 sqft
Citywide · Winnipeg
#29,323 / 194,458
Top 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
586k
0255075100
Same streetTop 39%Same areaBottom 37%CitywideTop 9%
Same street · Bridge Lake Drive
#61 / 158
Top 39% · Avg 627.7k
Same area · Bridgwater Lakes
#754 / 1,191
Bottom 37% · Avg 688.3k
Citywide · Winnipeg
#17,485 / 194,458
Top 9% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetTop 45%Same areaTop 23%CitywideTop 5%

Lot Size

around average
5,035 sqft
0255075100
Same streetTop 44%Same areaBottom 26%CitywideBottom 46%

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

309 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 87 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 8/2020CA$450k–500k
Sold price

Same street

Bottom 48%

Same area

Bottom 24%

City-wide

Top 18%

Related homes

Highlights & common questions: 309 Bridge Lake Drive, Winnipeg

Property Overview

This two-storey home in Bridgwater Lakes, built in 2017, presents a well-maintained, modern living space on a generous 5,035 sqft lot. Its key appeal lies in its balance of relative newness and established community. With 1,856 sqft of living area and an attached garage, it offers a practical layout for family life. The unrenovated basement presents a clean slate for future customization.

The home suits first-time buyers or young families looking for a move-in ready property in a newer suburb without the premium of a brand-new build. Its above-average rankings for lot size and building age within the street and wider city suggest a solid, competitive position in its category. The thoughtful perspective here is that the property offers a chance to enter a desirable neighbourhood where the landscaping and community amenities have had nearly a decade to mature, unlike the raw lots in the newest subdivisions.

Frequently Asked Questions

1. What is the significance of the provided rankings (e.g., "Top 37%")?
These percentile rankings compare this specific property metric (like living area or year built) against all other properties on its street, in Bridgwater Lakes, and across Winnipeg. Being in a higher percentile means it scores better than that percentage of comparable properties. For example, its building age is newer than 94% of Winnipeg homes.

2. The basement is noted as "not renovated." What does that typically mean?
It likely means the basement is unfinished or developed to a basic, functional standard (e.g., concrete floors, exposed insulation). This is common for homes of this age in the area and can be seen as an opportunity to add value and customize the space to suit your needs, rather than paying a premium for someone else's finished layout.

3. How does the 2020 sale price relate to the current assessed value?
The property sold for $48.4k in August 2020. The current assessed value is $58.6k. This increase reflects market movement and the property's maturation over four years. It's important to note that assessed value is for municipal tax purposes; market value is determined by current buyer demand.

4. What can the "nearby" and "similar assessed value" properties tell me?
These lists provide immediate context. The nearby properties show the consistent style and density of the immediate street. The list of homes with a similar assessed value across Winnipeg indicates what price point this home competes at, revealing alternative neighbourhoods and property types you might consider at this budget.

5. Is the lot size of 5,035 sqft typical for Bridgwater Lakes?
The lot is larger than 56% of lots on the same street and 46% of lots in Winnipeg, indicating it is above average. In this newer neighbourhood, lot sizes can vary, and this one offers more outdoor space than many of its direct neighbours, which is a notable advantage for gardening, play, or privacy.

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