313 Bridge Lake Drive

Bridgwater Lakes, Winnipeg

Property score

85.1

Excellent

Overall 85.1 · Newer than most nearby homes

1,848 sqft (bottom 40%) · 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 Area1,848 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
1,848 sqft
0255075100
Same streetTop 39%Same areaBottom 40%CitywideTop 15%
Same street · Bridge Lake Drive
#62 / 158
Top 39% · Avg 1,844 sqft
Same area · Bridgwater Lakes
#718 / 1,191
Bottom 40% · Avg 2,018 sqft
Citywide · Winnipeg
#29,937 / 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

313 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 98 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 5/2021CA$550k–600k
Sold price

Same street

Top 31%

Same area

Bottom 46%

City-wide

Top 11%

Related homes

Highlights & common questions: 313 Bridge Lake Drive, Winnipeg

Property Overview: 313 Bridge Lake Drive, Bridgwater Lakes

Key Characteristics & Appeal

This well-maintained two-storey home, built in 2017, sits on a generous 5,035 sqft lot in the popular Bridgwater Lakes community. Its key features include a renovated basement and an attached garage. The home’s primary appeal lies in its modern age and strong standing within broader Winnipeg metrics—it ranks newer than 94% of city homes and has a living area larger than 86%. This suggests a property that requires less immediate updating and offers above-average space for its class.

The appeal is multifaceted. For buyers seeking a move-in-ready home in a newer community without the premium of a brand-new build, this represents a balanced option. It particularly suits young families or professionals looking for established landscaping and a settled neighbourhood feel, while still benefiting from modern construction standards. A thoughtful perspective is its value trajectory; the assessed value has appreciated since its 2021 sale, and it consistently ranks in the top half of its street across key metrics, indicating it holds its own in a direct, local comparison. This isn’t the largest or newest house on the block, but its across-the-board solid rankings suggest a reliable, competitive property without extreme outliers.


Frequently Asked Questions

1. How does this home truly compare to others on the street?
It consistently ranks better than roughly 55-61% of homes on Bridge Lake Drive in terms of lot size, year built, living area, and assessed value. This means it sits comfortably in the upper half of the street for these core metrics, but is not the absolute top performer.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the listing agent regarding the finish quality, permitted status, and the nature of the space (e.g., recreational room, secondary suite, etc.).

3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($586,000) is for municipal tax purposes and serves as a benchmark. Notably, it is approximately $35,000 higher than the home's sold price in 2021, reflecting market growth. However, the final sale price will be determined by current market conditions and buyer competition.

4. Who might this home not suit?
Buyers seeking a premium, top-tier lot position (e.g., backing onto green space or water) or the absolute largest floor plan in the neighbourhood may find more suitable options, as its rankings, while strong, show more room for variation within the immediate Bridgwater Lakes area.

5. What are the immediate next-door properties like?
The listing shows very close proximity to neighbouring homes at 317 and 309 Bridge Lake Drive (15 meters each). Prospective buyers should consider this for privacy and may wish to view the property at different times to gauge the neighbourhood atmosphere.

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