320 Bridge Lake Drive

Bridgwater Lakes, Winnipeg

Property score

88.2

Excellent

Overall 88.2 · Larger and newer than most nearby homes

2,345 sqft (top 26%) · Built in 2016 (1 yr 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

Above average

16% larger than neighborhood avg.

Year Built

Above average

1 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

88.2 is composed by the two sections below.

Property Score

92.0Excellent
Living Area2,345 sqft96Excellent
Year Built201697Excellent
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
2,345 sqft
0255075100
Same streetTop 18%Same areaTop 26%CitywideTop 4%
Same street · Bridge Lake Drive
#28 / 158
Top 18% · Avg 1,844 sqft
Same area · Bridgwater Lakes
#304 / 1,191
Top 26% · Avg 2,018 sqft
Citywide · Winnipeg
#8,443 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

above average
641k
0255075100
Same streetTop 31%Same areaTop 46%CitywideTop 6%
Same street · Bridge Lake Drive
#49 / 158
Top 31% · Avg 627.7k
Same area · Bridgwater Lakes
#544 / 1,191
Top 46% · Avg 688.3k
Citywide · Winnipeg
#11,090 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetBottom 39%Same areaTop 28%CitywideTop 6%

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

320 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 178 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 1/2025CA$600k–650k
Sold price

Same street

Top 20%

Same area

Top 28%

City-wide

Top 5%

Related homes

Highlights & common questions: 320 Bridge Lake Drive, Winnipeg

Property Overview: 320 Bridge Lake Drive, Bridgwater Lakes

Key Characteristics & Appeal

This two-storey home in Bridgwater Lakes is a modern, well-sized property built in 2016. With 2,345 sqft of living space on a 5,667 sqft lot, it offers ample room for a growing family. The home features an attached garage and an unfinished basement, presenting a blank canvas for future customization.

Its primary appeal lies in its strong standing within a desirable, newer community. The property ranks in the top tier for both size and assessed value not just on its street, but across the entire city of Winnipeg. Specifically, it sits in the top 4% of Winnipeg for living area and the top 5% for assessed value, indicating a premium, above-average offering for the market. The neighbourhood itself is relatively new, with the home being newer than 93% of properties in Winnipeg.

This home would best suit buyers looking for a move-in ready, modern property in a planned community who also value the potential to add their own touch. The unfinished basement is a key feature for those wanting to expand living space or create a tailored recreation area, gym, or suite in the future. It’s an ideal fit for professionals or families seeking a home with strong intrinsic value and room to grow, both inside and out.


Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Bridgwater Lakes, and across Winnipeg. For example, being "better than 96% in Winnipeg" for living area means only 4% of homes in the city are larger. This quantifies the home's relative size, newness, and value.

2. Is the unfinished basement a drawback?
Not necessarily. While it requires an investment to finish, it represents significant potential. For many buyers, this is preferable to a poorly or personally renovated basement, as it allows for a custom design without the cost of undoing someone else's work.

3. The home sold recently in January 2025. Why is it back on the market?
This is not indicated in the provided data. The sale history shows a transaction, but not the current listing status. This would be an important point to clarify with the listing agent to understand the circumstances.

4. How does the assessed value compare to the last sale price?
The city's assessed value is $64.10k, while it sold for $64.50k in early 2025. The close alignment suggests the market price and municipal assessment are in agreement, which can provide confidence in its valuation.

5. What is the community of Bridgwater Lakes like?
Bridgwater Lakes is a master-planned community in Winnipeg's Waverley West area. It is known for its newer homes, parks, ponds, and pathways. The high rankings for this home's characteristics within the neighbourhood suggest it is among the larger and more valuable properties in this popular area.

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