32 Bridge Lake Drive

Bridgwater Lakes, Winnipeg

Property score

87.8

Excellent

Overall 87.8 · Larger but older than most nearby homes

2,492 sqft (top 12%) · Built in 2012 (3 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 dining spot, 2 healthcare facilitys, 2 shops, and 1 park nearby

Living Area

Above average

23% larger than neighborhood avg.

Year Built

Below average

3 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

87.8 is composed by the two sections below.

Property Score

91.4Excellent
Living Area2,492 sqft96Excellent
Year Built201294Excellent
Lot Size5,869 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
2,492 sqft
0255075100
Same streetTop 9%Same areaTop 12%CitywideTop 3%
Same street · Bridge Lake Drive
#14 / 158
Top 9% · Avg 1,844 sqft
Same area · Bridgwater Lakes
#148 / 1,191
Top 12% · Avg 2,018 sqft
Citywide · Winnipeg
#5,766 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
746k
0255075100
Same streetTop 21%Same areaTop 19%CitywideTop 3%
Same street · Bridge Lake Drive
#33 / 158
Top 21% · Avg 627.7k
Same area · Bridgwater Lakes
#222 / 1,191
Top 19% · Avg 688.3k
Citywide · Winnipeg
#5,759 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
2012
0255075100
Same streetBottom 10%Same areaBottom 12%CitywideTop 10%

Lot Size

around average
5,869 sqft
0255075100
Same streetTop 31%Same areaTop 49%CitywideTop 36%

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

32 Bridge Lake Drive — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 437 m), 2 healthcare (nearest 459 m), 2 shopping (nearest 302 m).

Search radius
🍽️Dining1
🏥Healthcare2
🛒Shopping2
🌳Parks1
🏦Finance2
Fuel Stations1

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 9/2017CA$600k–650k
Sold price

Same street

Top 22%

Same area

Top 32%

City-wide

Top 6%

Related homes

Highlights & common questions: 32 Bridge Lake Drive, Winnipeg

Property Overview

This two-storey home in Bridgwater Lakes is a study in desirable contrasts. Built in 2012, it sits on a large, above-average lot (over 5,800 sq ft) while offering a modern, renovated interior. Its key appeal lies in this balance of generous outdoor space and updated living areas, all within a sought-after newer community. The home’s standout feature is its fully renovated basement, adding significant functional space. With an attached garage and no pool, it presents as a practical, low-maintenance family home.

The data reveals a property that outperforms most in several key areas. It ranks in the top third of Winnipeg for both lot size and living area, meaning you get more house and more land than the vast majority of the city. Interestingly, while the home itself is newer than 89% of Winnipeg, it’s among the older homes on its own street, suggesting a well-established streetscape. Its last sold price and current assessed value both rank in the top 3-6% citywide, indicating a history of strong value retention.

This home would suit a growing family looking for move-in-ready space, both inside and out, without the need for a major renovation. It’s also ideal for buyers who prioritize a modern community but want a lot size that feels more generous than typical newer subdivisions. The renovated basement adds versatility, making it suitable for those needing a home office, gym, or secondary living area.


Frequently Asked Questions

Q: How does the age of this home compare to the rest of the neighbourhood?
A: Built in 2012, it's newer than 89% of homes in Winnipeg. However, it's actually among the older 12% of homes within the Bridgwater Lakes neighbourhood itself, which means the community is very established with mature landscaping, yet the home is still modern.

Q: The assessed value seems low compared to the last sold price. Why is that?
A: The $74.6k figure is the provincially assessed value for tax purposes, which is almost always significantly lower than market value. The home last sold for $630k in 2017. Both numbers rank in the top 3-6% citywide, confirming its high-market position.

Q: What does the ranking data for lot and living area actually mean?
A: It’s a comparative measure. The lot is larger than 64% of all properties in Winnipeg, and the living area is larger than 97%—a rare combination. You're getting a sizable house on a sizable lot, which is uncommon in newer communities.

Q: Is the renovated basement a legal suite?
A: The listing states it is a "renovated" basement. It does not specify it as a legal secondary suite. Buyers should confirm the permits and compliance with local zoning for any specific intended use.

Q: The home ranks highly for value, but only average for the neighbourhood in its last sale. Does that matter?
A: It highlights a nuance. While the home's value is elite city-wide, it was priced near the middle for Bridgwater Lakes when it last sold. This suggests the neighbourhood itself commands a premium, and this property is a strong performer within that high-value area.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.