Property score
88.5
Excellent
Overall 88.5 · Larger but older than most nearby homes
2,352 sqft (top 24%) · 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
17% 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)
738
647.5k
$319/sqft
2015
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Property score
88.5 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
EliteYear Built
above averageLot Size
above averageRank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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
40 Bridge Lake Drive — 8 amenities found within 500 m, across 6 categories, including 1 dining (nearest 448 m), 2 healthcare (nearest 475 m), 2 shopping (nearest 313 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 27% | Top 47% | Top 9% |
40 Bridge Lake Drive · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 40 Bridge Lake Drive, Winnipeg
Property Overview
This two-storey home in Bridgwater Lakes offers a well-maintained, move-in-ready space built in 2012. Its primary appeal lies in its generous proportions and established location. The house sits on a large lot (over 6,100 sq ft), providing ample outdoor space that is increasingly rare in newer subdivisions. With a living area of 2,352 sq ft and an attached garage, it suits growing families or professionals seeking room without the burden of an immediate major renovation. The unrenovated basement presents a clean slate for future customization.
The property’s standout characteristic is its strong positional value within its broader context. While the home itself is older than many in its immediate street and neighbourhood, it ranks highly for lot size, living space, and assessed value compared to most of Winnipeg. This suggests you are acquiring a property with above-average physical assets in a desirable, mature pocket of a popular community. It would particularly suit a buyer who values a larger yard and established landscaping over a brand-new build, and who sees potential in personalizing the basement over time.
Frequently Asked Questions
1. How does the age of this home (built 2012) compare to the area?
While well-maintained, this home is older than approximately 90% of the houses on its own street and 88% in Bridgwater Lakes. This is typical for an early build in a community that has seen ongoing development. The trade-off is a larger, more established lot compared to newer homes nearby.
2. The assessed value seems low. Why is that?
Manitoba’s property assessments are not market valuations; they are used for calculating municipal taxes. The assessed value here is in the top 4% for all of Winnipeg, indicating it is considered a high-value property by the city. The sale price will be determined by the current market.
3. What does the "unrenovated basement" mean?
It indicates the basement is finished but has not been updated since the home was built. It is likely functional and clean, but may feature builder-grade materials and design from 2012. Buyers should view this as neutral space ready for their personal style, not as a deficiency.
4. The home sold in 2020. What can that price tell me?
The 2020 sale price provides historical context, but the market has shifted significantly since then. It is most useful for understanding the property’s price trajectory, not for predicting its current value. The fact it ranks highly against more recent sales city-wide suggests it has held its value well.
5. Who are the typical neighbours?
Bridgwater Lakes is a family-oriented community. Given the home’s size and the stage of the neighbourhood, you can expect a mix of original owners who purchased early in the community's development and newer families who have moved into resale homes. The area is known for its parks, pathways, and lakes.
Map & Street View
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