461 North Town Road

Bridgwater Lakes, Winnipeg

Property score

88.0

Excellent

Overall 88.0 · Larger than most nearby homes

2,612 sqft (top 8%) · Built in 2014 (1 yr older than avg)

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

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby

Living Area

Above average

29% larger than neighborhood avg.

Year Built

Near average

1 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

88.0 is composed by the two sections below.

Property Score

91.6Excellent
Living Area2,612 sqft98Excellent
Year Built201494Excellent
Lot Size5,445 sqft67Good
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
2,612 sqft
0255075100
Same streetTop 8%Same areaTop 8%CitywideTop 2%
Same street · North Town Road
#4 / 53
Top 8% · Avg 2,193 sqft
Same area · Bridgwater Lakes
#94 / 1,191
Top 8% · Avg 2,018 sqft
Citywide · Winnipeg
#4,325 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
679k
0255075100
Same streetBottom 45%Same areaTop 33%CitywideTop 4%
Same street · North Town Road
#29 / 53
Bottom 45% · Avg 746.2k
Same area · Bridgwater Lakes
#395 / 1,191
Top 33% · Avg 688.3k
Citywide · Winnipeg
#8,576 / 194,458
Top 4% · Avg 390.1k

Year Built

Elite
2014
0255075100
Same streetTop 2%Same areaTop 45%CitywideTop 8%

Lot Size

around average
5,445 sqft
0255075100
Same streetBottom 45%Same areaBottom 38%CitywideTop 45%

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

461 North Town Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 309 m), 2 healthcare (nearest 292 m), 3 shopping (nearest 189 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 7/2019CA$550k–600k
Sold price

Same street

Bottom 17%

Same area

Top 50%

City-wide

Top 10%

Related homes

Highlights & common questions: 461 North Town Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle in a sought-after Winnipeg community. Built in 2014, it sits on a generous lot and features a renovated basement and an attached garage. The home’s key appeal lies in its combination of above-average space, contemporary build, and established neighbourhood setting. With over 2,600 square feet of living area, it provides ample room for a growing family or those who enjoy hosting. The renovated basement adds immediate functional space without the need for a project.

The property’s metrics suggest a solid, well-positioned home. It ranks highly for its newer age and above-average size both on its street and citywide. While the assessed value has risen significantly since its 2019 sale, it remains competitive within its immediate area. This isn't the newest build on the block, but it offers the benefit of settled landscaping and a proven location without the premium of a brand-new construction.

This home would suit a young family or professional couple looking for a move-in-ready property in a modern suburb. It’s ideal for buyers who prioritize space and a modern floor plan but don’t want to manage the initial landscaping and finishing touches of a brand-new build. It also appeals to those who value a renovated basement as a ready-to-use entertainment space, home office, or guest suite.


Frequently Asked Questions

1. How does the 2019 sale price compare to today’s value?
The home sold for $56,600 in 2019 and now has an assessed value of $67,900. This increase reflects market trends and the added value of the basement renovation. It’s important to note that assessed value is for taxation purposes; a professional appraisal or market evaluation would determine its current sale value.

2. Is the lot size typical for Bridgwater Lakes?
At just over 5,400 square feet, the lot is larger than 45% of properties on its street. While not the largest, it offers good outdoor space for a newer community where lots can be more compact.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing or inquiry with the listing agent is necessary to understand the full scope, including ceiling height, permits, and the quality of materials used.

4. How does this home compare to newer builds nearby?
Compared to a similar nearby reference home built in 2018, this 2014 home has slightly less living area and a lower assessed value, which may translate to a more accessible price point for a very similar lifestyle and location, just with a few more years of age.

5. Are the ranking statistics reliable for decision-making?
The rankings provide helpful context, showing this home is newer and larger than most in Winnipeg. However, they are broad metrics. They should be used as a starting point, complemented by a physical viewing to assess condition, floor plan flow, and personal fit for your needs.

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.