Property score
89.6
Excellent
Overall 89.6 · Larger but older than most nearby homes
2,320 sqft (top 29%) · 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: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby
Living Area
Above average
15% larger 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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89.6 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
505 North Town Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 429 m), 2 healthcare (nearest 412 m), 3 shopping (nearest 302 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 20% | Top 49% | Top 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 505 North Town Road, Bridgwater Lakes
Key Features & Ideal Buyer
This well-situated two-storey home in Bridgwater Lakes offers a compelling blend of space, location, and modern readiness. Its key characteristics include a generous 2,320 sqft of living space, a renovated basement, and an attached garage, all set on a large 8,049 sqft lot. Built in 2012, the home is past its initial settling period but remains contemporary.
The appeal lies in its strong positional metrics. The property ranks in the top 11% in Winnipeg for lot size and living area, offering above-average space both inside and out. It sits on a desirable street, ranking better than 89% of its immediate neighbors for lot size. While newer homes exist in the broader neighborhood, this property presents a value-oriented entry into a well-established, family-friendly community without waiting for construction. The renovated basement adds immediate functional space.
This home would suit practical buyers looking for a turnkey family home in a mature suburb. It’s ideal for those who prioritize lot size and interior square footage over having the absolute newest build, and for value-conscious purchasers who see the upside in a home that has already undergone significant updates like a basement renovation.
Frequently Asked Questions
1. How does the age of this home (built 2012) compare to the rest of the neighborhood?
While the home itself is 14 years old, it is newer than 88% of homes in the broader Bridgwater Lakes area, placing it in the top tier for year built locally. It offers a balance of established community and modern construction standards.
2. The assessed value is $68.90k. Is that the listing price?
No. The assessed value is for municipal tax purposes and is typically far below market value. It is a useful comparison tool—this home’s assessment is in the top 4% in Winnipeg—but does not reflect the current sale price. The last sold price in 2019 was $56.80k.
3. What do the ranking percentages (e.g., "Top 11%") actually mean?
These metrics compare this specific property against others in its street, neighborhood, and city for key features. For example, ranking in the "Top 11% in Winnipeg" for living area means 89% of Winnipeg homes have less interior space. It quantifies how this home stands out.
4. The lot size is large, but is the backyard usable?
With a lot area of over 8,000 sqft, the potential for outdoor living space is significant. The exact layout isn’t specified, but a rank in the top 11% in the city for land area suggests ample room for gardens, play structures, or patios.
5. Is the renovated basement a legal suite?
The details provided only confirm the basement is renovated. Whether it’s a legal secondary suite with a separate entrance and kitchen facilities is not stated and would require verification with the listing agent or city records.
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