35 Bridge Lake Drive

Bridgwater Lakes, Winnipeg

Property score

88.5

Excellent

Overall 88.5 · Larger but older than most nearby homes

2,407 sqft (top 18%) · 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: 2 shops, 1 park, 1 bank/ATM, and 1 fuel station nearby

Living Area

Above average

19% 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

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Property score

88.5 is composed by the two sections below.

Property Score

92.5Excellent
Living Area2,407 sqft96Excellent
Year Built201294Excellent
Lot Size6,377 sqft81Excellent
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
2,407 sqft
0255075100
Same streetTop 12%Same areaTop 18%CitywideTop 4%
Same street · Bridge Lake Drive
#19 / 158
Top 12% · Avg 1,844 sqft
Same area · Bridgwater Lakes
#212 / 1,191
Top 18% · Avg 2,018 sqft
Citywide · Winnipeg
#7,130 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.07M
0255075100
Same streetTop 8%Same areaTop 8%CitywideTop 1%
Same street · Bridge Lake Drive
#13 / 158
Top 8% · Avg 627.7k
Same area · Bridgwater Lakes
#90 / 1,191
Top 8% · Avg 688.3k
Citywide · Winnipeg
#1,603 / 194,458
Top 1% · Avg 390.1k

Year Built

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

Lot Size

above average
6,377 sqft
0255075100
Same streetTop 17%Same areaTop 29%CitywideTop 24%

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

35 Bridge Lake Drive — 5 amenities found within 500 m, across 4 categories, including 2 shopping (nearest 380 m), 1 parks (nearest 310 m).

Search radius
🛒Shopping2
🌳Parks1
🏦Finance1
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 11/2016CA$900k–950k
Sold price

Same street

Top 8%

Same area

Top 5%

City-wide

Top 1%

Related homes

Highlights & common questions: 35 Bridge Lake Drive, Winnipeg

Property Overview

This two-storey home in Bridgwater Lakes offers a compelling mix of space, modern updates, and strong value metrics. Built in 2012, its key appeal lies in its generous proportions—both the 2,407 sqft interior and the 6,377 sqft lot rank in the top tiers for the area—paired with a recently renovated basement. The property’s standout characteristic is its exceptional assessed value, which places it in the top 1% of Winnipeg, suggesting a very favorable municipal valuation relative to its size and neighbourhood.

The home is ideally suited for growing families or professionals seeking established, spacious living in a modern community without the premium of a brand-new build. Its appeal is grounded in practical move-in readiness, with the renovation work already done. A less obvious advantage is its position on a street where it outperforms most homes in lot size, offering more outdoor privacy and potential than is typical for the area. Buyers who prioritize long-term value and equity, as indicated by strong historical sale and assessment rankings, will find this property particularly aligned with their goals.


Frequently Asked Questions

Q: How does the assessed value compare to the last sale price?
A: The current assessed value is significantly lower than the 2016 sale price of $910k. This can be appealing for property tax calculations, but it's essential to have a current market evaluation to understand today's true value.

Q: Is the home older than others in Bridgwater Lakes?
A: Yes. Built in 2012, it is older than approximately 90% of homes on its street and in the wider neighbourhood. This often means the landscaping and community are more established, but some systems may be nearing routine maintenance or update intervals.

Q: What does the "renovated basement" include?
A: The listing confirms the basement is renovated but does not specify the scope. A viewing or inquiry with the listing agent is necessary to determine the finishes, layout, and whether it includes a legal suite or additional bedrooms.

Q: The lot is large for the area. What are the implications?
A: A lot size ranking better than 83% on the street offers more yard space, potential for additions like a deck or shed, and greater distance from neighbours. It also may mean slightly more maintenance compared to a standard lot in the community.

Q: Are the high rankings for value and size a guarantee of a good investment?
A: While the rankings indicate strong historical and assessed value performance relative to peers, they are not a future guarantee. They are a useful data point showing the home has traditionally held its value well, but current market conditions and the property's specific condition are the ultimate determinants.

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.