Property score
87.8
Excellent
Overall 87.8 · Older than most nearby homes
2,114 sqft (top 41%) · Built in 2012 (3 yrs older than avg)
Located in a high-income area with median household income of ~103k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 shop, 1 park, and 1 fuel station nearby
Living Area
Near average
5% 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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87.8 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
55 Bridge Lake Drive — 3 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 409 m), 1 parks (nearest 229 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 3% | Top 3% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home in Bridgwater Lakes presents a compelling blend of space, recent investment, and established value. Built in 2012, it sits on a large, 6,340 sqft lot that ranks in the top quarter for size on its street. The living area of 2,114 sqft is notably spacious, placing it in the top 7% of Winnipeg. Key features include an attached garage and a renovated basement. The home recently sold for $1,060,000, a figure that significantly exceeds its assessed value and ranks in the top 1% of Winnipeg sale prices, indicating strong market confidence and premium positioning within its category.
Key Characteristics & Appeal
The primary appeal of this property lies in its generous proportions and move-in-ready condition. The renovated basement adds immediate functional living space without the need for future projects. Its standout characteristic is the exceptional lot size for the neighbourhood, offering ample outdoor privacy and potential. The sale price, vastly higher than both the assessed value and nearby comparable homes, suggests a property that has been significantly upgraded or possesses intangible qualities highly valued by the market.
This home would suit buyers looking for single-level living in a modern community, who prioritize interior space and a large yard. It’s particularly suited for those who value a home that has already undergone major renovations, as evidenced by the basement and the premium sale price. The numbers indicate it’s a property for buyers not constrained by typical assessments, who are competing for above-average, turn-key homes in desirable areas.
Frequently Asked Questions
Q: The sale price is much higher than the assessed value. Why is that?
A: Assessed values are for municipal tax purposes and often lag behind market trends, especially for renovated properties. The sale price reflects what a buyer was willing to pay in the current market, likely factoring in the renovated basement, lot size, and the home's overall condition and appeal.
Q: How does the age of this home (built 2012) compare to the neighbourhood?
A: At 14 years old, this home is actually among the older 10% of homes on its street, as Bridgwater Lakes is a relatively new community. This isn't necessarily a drawback; it means the property is established, and any initial new-build issues have likely been resolved, while still being a modern home.
Q: What does the large lot size mean for me?
A: With a lot size better than 78% of others on the street, you have more privacy, space for gardening, play, or entertaining, and potentially more flexibility for future additions like a deck or shed, compared to newer homes on smaller, standard lots.
Q: The home sold recently. What can that price tell me?
A: A very recent sale provides an excellent, concrete benchmark for the current market value in this area. The fact it sold in the top 1% of Winnipeg prices confirms it is a premium property, but it also sets a high comparable for future values on the street.
Q: Is the renovated basement included in the living area square footage?
A: Typically, municipal living area (2,114 sqft) refers to above-grade, finished space. The renovated basement would be additional square footage, adding significant functional space to the property that is a key feature but not reflected in that official number.
