474 North Town Road

Bridgwater Lakes, Winnipeg

Property score

87.8

Excellent

Overall 87.8 · Larger than most nearby homes

2,382 sqft (top 20%) · Built in 2013 (2 yrs older than avg)

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

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 3 shops, and 1 park nearby

Living Area

Above average

18% larger 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

87.8 is composed by the two sections below.

Property Score

91.4Excellent
Living Area2,382 sqft96Excellent
Year Built201394Excellent
Lot Size5,655 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
2,382 sqft
0255075100
Same streetTop 36%Same areaTop 20%CitywideTop 4%
Same street · North Town Road
#19 / 53
Top 36% · Avg 2,193 sqft
Same area · Bridgwater Lakes
#235 / 1,191
Top 20% · Avg 2,018 sqft
Citywide · Winnipeg
#7,622 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
656k
0255075100
Same streetBottom 32%Same areaTop 41%CitywideTop 5%
Same street · North Town Road
#36 / 53
Bottom 32% · Avg 746.2k
Same area · Bridgwater Lakes
#484 / 1,191
Top 41% · Avg 688.3k
Citywide · Winnipeg
#9,960 / 194,458
Top 5% · Avg 390.1k

Year Built

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

Lot Size

around average
5,655 sqft
0255075100
Same streetTop 42%Same areaBottom 42%CitywideTop 40%

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

474 North Town Road — 13 amenities found within 500 m, across 7 categories, including 3 dining (nearest 367 m), 2 healthcare (nearest 371 m), 3 shopping (nearest 237 m).

Search radius
🍽️Dining3
🏥Healthcare2
🛒Shopping3
🌳Parks1
🏦Finance2
Fuel Stations1
Worship1

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 10/2017CA$550k–600k
Sold price

Same street

Bottom 23%

Same area

Top 49%

City-wide

Top 10%

Related homes

Highlights & common questions: 474 North Town Road, Winnipeg

Property Overview: 474 North Town Road, Bridgwater Lakes

Key Characteristics & Appeal

This two-storey home, built in 2013, sits on a generous 5,655 sqft lot in the modern Bridgwater Lakes community. Its key features include a renovated basement and an attached garage. The appeal lies in its established yet relatively new construction, offering a balance between a settled-in neighbourhood and a home that avoids the concerns of much older properties.

The data reveals a property of contrasts. While its lot size and living area (2,382 sqft) rank very well against most of Winnipeg, they are more typical within its own desirable street and neighbourhood. This suggests you’re buying into a consistent, above-average area rather than a standout outlier. The home’s age is a significant asset, being newer than 90% of Winnipeg homes and 91% of those on its street, which can translate to modern building standards and deferred major maintenance.

It would suit practical buyers looking for a turn-key family home in a planned community. It’s ideal for those who value space and a modern foundation, and who appreciate a renovated basement for immediate extra living area. The strong city-wide rankings for size and value indicate a solid, long-term investment in a sought-after part of the city.

Frequently Asked Questions

1. How does this home compare to others on the street?
It ranks highly for its newer age (top 9% on the street) and has above-average living space (top 36%). The lot size is more middle-of-the-road for the area (top 58%), meaning the yard is ample but not necessarily the largest on the block.

2. What does the assessed value indicate?
The current assessed value of $65,600k ranks in the top 5% for Winnipeg, confirming the property is in a premium segment. However, within Bridgwater Lakes, it sits in the top 41%, indicating it is a strong, but not the absolute highest-tier, property in its own neighbourhood.

3. The last sale was in 2017. Is that a concern?
Not inherently. The 2017 sale price was $56,900k. The steady ownership suggests a well-maintained home, and the period since allows for any major initial issues to have been addressed. It simply means there’s less frequent sales data for direct comparison.

4. Who would this property not suit?
Buyers seeking a brand-new build or the absolute largest home on the block may want to look at newer subsections. Those wanting a pool or extensive, mature landscaping should note their absence.

5. What is the immediate neighbourhood like?
The listing references nearby properties on North Town Road and Rose Garden Crescent, all within Bridgwater Lakes. This indicates a dense, cohesive community of similar-style homes, typical of a modern development, offering neighbourhood consistency.

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