Property score
81.7
Excellent
Overall 81.7 · Smaller than most nearby homes
1,543 sqft (bottom 13%) · Built in 2014 (1 yr older than avg)
Located in a high-income area with median household income of ~103k
Transit 76.0 · 7-min walk to transit with 4 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Near average
1 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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81.7 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
7 Timbercrest Court — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 379 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 44% | Top 33% | Top 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Timbercrest Court, Bridgwater Lakes
Key Characteristics & Appeal
This well-maintained, one-storey home in the popular Bridgwater Lakes neighbourhood offers a practical and modern living space. Built in 2014, its key feature is a renovated basement, adding valuable finished square footage to the 1,543 sqft main floor. The property sits on a generous 5,851 sqft lot with an attached garage.
The primary appeal lies in its balance of a newer build in a family-centric community with the added value of a completed lower level. The data suggests it is a solid, above-average property within the wider Winnipeg context, ranking highly for its newer age and assessed value compared to the entire city. It particularly suits first-time buyers or downsizers seeking a single-level layout without a major renovation project, and who value the move-in readiness a renovated basement provides. A thoughtful perspective is that while the living area is modest for the street, the full package—including the lot size and updates—offers efficient use of space for the right buyer.
Potential Buyer FAQs
1. How does this home compare to others on the street?
The home has a larger-than-average lot for the street but a more modest main living area. Its assessed value is in the lower quarter for Timbercrest Court, which could represent value but may also reflect the one-storey design or interior finishes relative to neighbours.
2. What does the neighbourhood ranking mean?
Rankings are based on the provided metrics. The property ranks in the top half of Bridgwater Lakes for year built and lot size, but in the lower half for living area and assessed value. This indicates a newer home on a good-sized lot, but not among the largest or highest-valued homes in the immediate area.
3. Why is the assessed value higher than the last sale price?
The home sold for $462,500 in October 2021. The current $600,000 assessed value reflects the municipal assessment for taxation purposes, which considers market trends and may differ from an appraised market value or eventual sale price.
4. Is the basement renovation permitted?
Prospective buyers should always verify with the seller or their agent that any renovations, including the basement, have the necessary city permits and comply with building codes.
5. Who might this property not suit?
Buyers requiring extensive main-floor living space or multiple bedrooms on one level may find the layout limiting. Similarly, those seeking a property with top-tier rankings in its immediate neighbourhood for size and value might look for a larger two-storey model in the area.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
