451 North Town Road

Bridgwater Lakes, Winnipeg

Property score

87.4

Excellent

Overall 87.4 · Compared with neighbourhood average

1,872 sqft (bottom 41%) · Built in 2013 (2 yrs older than avg)

Located in a high-income area with median household income of ~103k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby

Living Area

Near average

7% smaller 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

87.4 is composed by the two sections below.

Property Score

90.7Excellent
Living Area1,872 sqft89Excellent
Year Built201394Excellent
Lot Size10,136 sqft97Excellent
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

above average
1,872 sqft
0255075100
Same streetBottom 17%Same areaBottom 41%CitywideTop 14%
Same street · North Town Road
#44 / 53
Bottom 17% · Avg 2,193 sqft
Same area · Bridgwater Lakes
#698 / 1,191
Bottom 41% · Avg 2,018 sqft
Citywide · Winnipeg
#28,069 / 194,458
Top 14% · Avg 1,342 sqft

Tax-Assessed Value

above average
593k
0255075100
Same streetBottom 4%Same areaBottom 39%CitywideTop 8%
Same street · North Town Road
#51 / 53
Bottom 4% · Avg 746.2k
Same area · Bridgwater Lakes
#721 / 1,191
Bottom 39% · Avg 688.3k
Citywide · Winnipeg
#16,393 / 194,458
Top 8% · Avg 390.1k

Year Built

above average
2013
0255075100
Same streetTop 9%Same areaBottom 33%CitywideTop 9%

Lot Size

Elite
10,136 sqft
0255075100
Same streetTop 4%Same areaTop 10%CitywideTop 6%

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

451 North Town Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 272 m), 2 healthcare (nearest 256 m), 3 shopping (nearest 159 m).

Search radius
🍽️Dining3
🏥Healthcare2
🛒Shopping3
🏦Finance2
Fuel Stations1
Worship2

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 9/2022CA$600k–650k
Sold price

Same street

Bottom 37%

Same area

Top 36%

City-wide

Top 7%
Sold 1/2016CA$400k–450k
Sold price

Same street

Bottom 1%

Same area

Bottom 12%

City-wide

Top 26%

Related homes

Highlights & common questions: 451 North Town Road, Winnipeg

Property Overview: 451 North Town Road, Bridgwater Lakes

Key Characteristics & Ideal Buyer

This is a well-established, two-storey home in the popular Bridgwater Lakes neighbourhood, built in 2013. Its primary appeal lies in a combination of generous outdoor space and a modern, updated interior. The property sits on a large lot over 10,000 sqft, which is notably larger than most in the area, offering significant room for gardening, play, or expansion. The home itself features a renovated basement, adding valuable finished living space to the 1,872 sqft main footprint.

The home suits two main types of buyers. First, it’s ideal for growing families seeking a move-in ready home in a family-oriented community, where the large yard is a major asset. Second, it appeals to value-conscious buyers looking for a property with above-average land size—a less replaceable feature than the house itself—in a newer suburb. A thoughtful perspective is that while the living area is modest for the street, the lot size and recent renovations offer a balance, presenting an opportunity to own a substantial piece of land in a sought-after area without the premium of a brand-new build.

Frequently Asked Questions

1. How does the lot size compare to others nearby?
The 10,136 sqft lot is a standout feature, ranking larger than approximately 96% of properties on the same street and placing it in the top 4% locally.

2. What is the recent history of value for this home?
It last sold in September 2022 for $610,000. Prior to that, it sold in January 2016 for $432,000, indicating a history of value appreciation over time.

3. Is the basement development a full suite?
The listing confirms the basement is renovated, but does not specify if it is a legal suite with a separate entrance. This would be a key point to clarify with the listing agent.

4. How does this home rank for space within the neighbourhood?
The living area of 1,872 sqft is fairly typical for the area, ranking near the middle for the neighbourhood. The appeal here is weighted more toward the large lot and the renovated condition.

5. What are the comparable properties like?
The provided comparables with similar assessed values (~$593k) are located in various other neighbourhoods, suggesting this home’s value is aligned with the wider Winnipeg market for properties at this assessment level.

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