Property score
88.1
Excellent
Overall 88.1 · Older than most nearby homes
1,948 sqft (bottom 48%) · Built in 2012 (3 yrs 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: 1 dining spot, 1 healthcare facility, 2 shops, and 1 park nearby
Living Area
Near average
3% smaller 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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88.1 is composed by the two sections below.
Property Score
Community Score
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank 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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
48 Bridge Lake Drive — 7 amenities found within 500 m, across 6 categories, including 1 dining (nearest 464 m), 1 healthcare (nearest 496 m), 2 shopping (nearest 330 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 34% | Bottom 39% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home in Bridgwater Lakes is a well-established property in a sought-after neighbourhood. Built in 2012, it sits on a large, premium lot that ranks in the top 4% of its street for size. The home features nearly 2,000 sqft of living space, an attached garage, and a renovated basement. Its appeal lies in its combination of a mature, spacious setting within a modern community, offering both room to breathe and the amenities of a newer development. It would particularly suit growing families seeking a stable, family-oriented neighbourhood, or buyers who prioritize lot size and outdoor space over having the absolute newest build. A thoughtful perspective is that while the house itself is a decade old, its above-average lot size is a permanent asset that newer infill properties in the area often cannot match.
Key Details & FAQs
Key Characteristics & Appeal
The home’s standout feature is its generous 8,259 sqft lot, which is significantly larger than most in the immediate area, providing ample backyard space. The living area is comfortably sized and ranks highly city-wide. Having a renovated basement adds immediate functional space. While the structure is now 14 years old, its assessed value remains strong, ranking in the top 6% in Winnipeg, indicating solid long-term investment potential. The property suits buyers looking for a settled home in a prime location where the land itself is a major component of the value, offering a balance between modern community amenities and established greenery.
Frequently Asked Questions
1. How does the age of the home (built 2012) factor into its value?
While not a brand-new build, a 2012 construction means major components are likely still in good condition, yet the home has had time for landscaping and neighbourhood amenities to mature. The data shows its assessed value remains in the top tier for the city, suggesting the age has not diminished its market standing.
2. The last sale was in 2017 for $530k. What does that tell us?
This indicates a period of stable, long-term ownership, which can be a positive sign of a well-maintained property and a settled street. It also means the current assessed value ($61.10k for tax purposes) is not directly comparable to that sale price, as assessments are not market valuations.
3. Who would this property not be ideal for?
It may not suit buyers seeking a brand-new, turn-key modern build with the latest finishes, or those who prefer a low-maintenance, small-lot lifestyle. The size of the lot implies more yard upkeep.
4. The lot size ranks extremely high, but the home's size rank on the street is lower. What does this mean?
This highlights the property’s specific advantage: it offers more outdoor space and privacy relative to its neighbours. The house itself is of average size for the street, but the land parcel is premium.
5. What is the significance of the neighbourhood ranking data?
The data shows the property ranks highly within Bridgwater Lakes and Winnipeg overall for lot size, value, and living area, confirming it is an above-average property within an already desirable community. This can provide confidence in its long-term desirability and resale potential.
