55 Creekside Road

Bridgwater Lakes, Winnipeg

Property score

88.2

Excellent

Overall 88.2 · Larger and newer than most nearby homes

2,371 sqft (top 20%) · Built in 2018 (3 yrs newer than avg)

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

Transit 82.0 · 6-min walk to transit with 5 nearby routes · Within 500m: 1 bank/ATM nearby

Living Area

Above average

17% larger than neighborhood avg.

Year Built

Above average

3 yrs newer 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

88.2 is composed by the two sections below.

Property Score

92.0Excellent
Living Area2,371 sqft96Excellent
Year Built201897Excellent
Lot Size5,797 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
2,371 sqft
0255075100
Same streetTop 25%Same areaTop 20%CitywideTop 4%
Same street · Creekside Road
#33 / 130
Top 25% · Avg 2,164 sqft
Same area · Bridgwater Lakes
#244 / 1,191
Top 20% · Avg 2,018 sqft
Citywide · Winnipeg
#7,840 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
665k
0255075100
Same streetTop 43%Same areaTop 38%CitywideTop 5%
Same street · Creekside Road
#56 / 130
Top 43% · Avg 722.6k
Same area · Bridgwater Lakes
#447 / 1,191
Top 38% · Avg 688.3k
Citywide · Winnipeg
#9,384 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 32%Same areaTop 12%CitywideTop 4%

Lot Size

around average
5,797 sqft
0255075100
Same streetTop 46%Same areaTop 50%CitywideTop 37%

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

55 Creekside Road — 1 amenities found within 500 m, across 1 categories.

Search radius
🏦Finance1

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 3/2020CA$500k–550k
Sold price

Same street

Bottom 21%

Same area

Bottom 39%

City-wide

Top 13%

Related homes

Highlights & common questions: 55 Creekside Road, Winnipeg

Property Overview

This 2018-built two-storey home in Bridgwater Lakes offers modern living with established community roots. Its key appeal lies in being a relatively new build (top 5% for age in Winnipeg) that has settled into a desirable, family-oriented neighbourhood. The home features a generous 2,371 sqft of living space (top 4% in Winnipeg) on a large 5,797 sqft lot, with an attached garage and an unrenovated basement providing future potential.

The property suits buyers looking for a move-in ready, spacious family home without the premium of a brand-new build. It’s ideal for those who value space, a modern floor plan, and a strong community ranking within Winnipeg. A thoughtful perspective is its 2020 sale price, which was significantly lower than the current assessed value; this suggests substantial market appreciation and may indicate a solid investment in a growing area, though it also means buying at a current market peak.

Frequently Asked Questions

1. What is the significance of the property rankings provided?
The rankings compare this home against others on its street, in Bridgwater Lakes, and across all of Winnipeg for metrics like size, age, and value. They show this home consistently performs in the top tiers city-wide, particularly for living area and newness, confirming its above-average standing.

2. The basement is listed as "not renovated." What does this imply?
It means the basement is unfinished or in a basic, builder-grade state. This is a key opportunity for future customization and added value, but it requires planning and investment for anyone wanting additional living space immediately.

3. How should I interpret the 2020 sale price versus the current assessed value?
The home sold for $53.1k in March 2020. Its current assessed value is $66.5k. This indicates significant appreciation, likely reflecting market trends and the desirability of the area. Buyers should consider this in the context of current market conditions.

4. What does the neighbourhood ranking tell me?
The home ranks better than 50% of properties in Bridgwater Lakes overall, placing it squarely in the middle of its immediate community. However, its lot size ranks better than only 50% locally, suggesting while the house itself is large, the yard size is average for this specific neighbourhood.

5. Are the "similar assessed value" properties good comparables?
They are financial comparables based on municipal assessment value only. They may be in different neighbourhoods and be different styles of homes. For true market comparison, you should look at recent sale prices of similar two-storey homes in Bridgwater Lakes.

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