89.1
Excellent
Property score
89.1
Excellent
Overall 89.1
Larger than most nearby homes
2,299 sqft (top 30%)
Built in 2013 (2 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: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
14% 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)
738
647.5k
$319/sqft
2015
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89.1 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
487 North Town Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 413 m), 2 healthcare (nearest 395 m), 3 shopping (nearest 284 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 | Bottom 46% | Top 34% | Top 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home in Bridgwater Lakes presents a compelling blend of modern comfort and established community living. Built in 2013, it sits on a generous 7,051 sqft lot, offering more outdoor space than most properties in the immediate area. The 2,299 sqft living area is notably spacious, ranking within the top 4% of Winnipeg for size, and features a renovated basement. Its appeal lies in this combination of ample interior space, a sizable lot, and the desirable, family-oriented Bridgwater Lakes neighbourhood. The home’s assessed value has risen consistently, indicating stable growth.
This property would suit a growing family seeking a move-in ready home with room to grow, both inside and out. It’s also ideal for buyers who value a modern build (2013) but prefer a settled streetscape over a brand-new construction site. The renovated basement adds immediate functional space for recreation, a home office, or guests, increasing its versatility.
Five Possible FAQs
1. How does the lot size compare practically?
At over 7,000 sqft, the lot is significantly larger than many in newer subdivisions. This translates to more private backyard space for play, gardening, or entertaining, and potentially better spacing from neighbours.
2. What does the "renovated basement" typically include?
While specifics should be verified, in a 2013 home this often means a fully finished, legal living space with proper ceilings, flooring, and insulation—adding substantial functional square footage to the home's total liveable area.
3. The home sold in 2020 for less than the current assessed value. What does that indicate?
This is common and reflects strong market appreciation in the area over the past four years. The assessed value and recent sale prices of comparable homes are more relevant for determining its current market value.
4. Is the neighbourhood established?
Yes. Being built in 2013, the home is now 13 years old, meaning the landscaping, trees, and community amenities are well-developed, unlike in brand-new areas. The street itself ranks highly for newer builds, suggesting a cohesive streetscape.
5. Who might this home not suit?
Buyers seeking a brand-new, never-lived-in property or those wanting a pool would need to look elsewhere. Its size and lot may also be more than necessary for empty-nesters or those seeking minimal upkeep.
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