316 Bridge Lake Drive

Bridgwater Lakes, Winnipeg

Property score

87.8

Excellent

Overall 87.8 · Larger than most nearby homes

2,307 sqft (top 30%) · Built in 2013 (2 yrs older 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

Above average

14% larger than neighborhood avg.

Year Built

Below average

2 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

87.8 is composed by the two sections below.

Property Score

91.4Excellent
Living Area2,307 sqft96Excellent
Year Built201394Excellent
Lot Size5,667 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

Elite
2,307 sqft
0255075100
Same streetTop 19%Same areaTop 30%CitywideTop 5%
Same street · Bridge Lake Drive
#30 / 158
Top 19% · Avg 1,844 sqft
Same area · Bridgwater Lakes
#352 / 1,191
Top 30% · Avg 2,018 sqft
Citywide · Winnipeg
#9,393 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

Elite
678k
0255075100
Same streetTop 27%Same areaTop 33%CitywideTop 4%
Same street · Bridge Lake Drive
#43 / 158
Top 27% · Avg 627.7k
Same area · Bridgwater Lakes
#396 / 1,191
Top 33% · Avg 688.3k
Citywide · Winnipeg
#8,625 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
2013
0255075100
Same streetBottom 15%Same areaBottom 33%CitywideTop 9%

Lot Size

around average
5,667 sqft
0255075100
Same streetTop 36%Same areaBottom 46%CitywideTop 39%

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

316 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 170 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 6/2019CA$450k–500k
Sold price

Same street

Top 48%

Same area

Bottom 29%

City-wide

Top 17%

Related homes

Highlights & common questions: 316 Bridge Lake Drive, Winnipeg

Property Overview

This two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle within a sought-after Winnipeg community. Built in 2013, it sits on a generous lot and features over 2,300 square feet of living space, an attached garage, and a renovated basement. Its appeal lies in its balance of contemporary construction, established neighbourhood charm, and strong performance in key metrics compared to most of the city. The home suits growing families or professionals seeking a turnkey property in a newer suburb, with room to grow and without the immediate concerns of an aging structure. A thoughtful perspective is that while the home is newer than 90% of Winnipeg, it is among the older 15% on its own street, indicating a well-established pocket within the newer community. The significant jump in assessed value since its 2019 sale also suggests substantial updates or strong market momentum in the area.

Key Details & FAQs

  • Key Characteristics: A 2013 two-storey with 2,307 sqft, a renovated basement, attached garage, and a 5,667 sqft lot in Bridgwater Lakes.
  • Primary Appeal: Modern home in a prime suburb, offering space, updates, and a strong value ranking (top 4% in Winnipeg for both size and assessed value).
  • Ideal Buyer: Families or professionals wanting a move-in ready, spacious home in a newer community with excellent city-wide rankings.

Frequently Asked Questions

1. How does this home truly compare within its immediate area?
While it ranks in the top 4% of Winnipeg for size and value, it's useful to note it's in the top 30% within Bridgwater Lakes and the top 19% on its street for living area, indicating it's a larger home even in a neighbourhood of newer, sizable properties.

2. What does the "renovated basement" likely include?
The listing specifies a renovated basement, which in a 2013 home typically means finished living space added after the initial build, such as a rec room, extra bedroom, or home office. Specific finishes should be confirmed via a viewing or disclosure.

3. Has the property value increased since the last sale?
Yes. The home sold for $49.5k in June 2019 and now holds an assessed value of $67.8k. This notable increase points to market growth and/or significant improvements made to the property.

4. Is the lot size a major feature?
At 5,667 sqft, the lot is larger than 64% of those on its street, offering above-average outdoor space for the area, which is appealing for gardening, play, or entertaining.

5. What is the neighbourhood context of Bridgwater Lakes?
Bridgwater Lakes is a relatively newer suburb. This home, built in 2013, is newer than 90% of Winnipeg but is actually among the older 15% of homes on its specific street, meaning the street itself is very well-established within the modern community.

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