Property score
88.2
Excellent
Overall 88.2 · Larger and newer than most nearby homes
2,399 sqft (top 19%) · Built in 2019 (4 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 shop, 1 bank/ATM, and 1 fuel station nearby
Living Area
Above average
19% larger than neighborhood avg.
Year Built
Above average
4 yrs newer 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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88.2 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 Willow Brook Road — 3 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 487 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 42% | Top 6% | Top 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 37% | Top 35% | Top 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 7 Willow Brook Road, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This two-storey home in Bridgwater Lakes presents a compelling blend of modern build quality and established value. Built in 2019, it is newer than approximately 95% of homes in its immediate neighbourhood, offering the appeal of a contemporary layout and systems without the wait of new construction. The property sits on a generous 5,901 sqft lot and features 2,399 sqft of living space, an attached garage, and a renovated basement.
Its primary appeal lies in its strong performance within the broader Winnipeg market. The home ranks in the top 3-4% of the city for both living area and assessed value, suggesting a property that is both spacious and officially valued well above the norm. A key, less obvious perspective is its trajectory: purchased for $615,000 in 2019 and recently sold for $860,000 in 2024, this demonstrates significant equity growth in just five years, outpacing many comparable properties in its own street. This combination of a modern home in a family-oriented neighbourhood with a proven value history makes it particularly suitable for buyers seeking move-in readiness, space for a growing family, and a property with a solid financial foundation in a desirable suburban community.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the same street?
While it ranks highly for its newness (top 29% on Willow Brook Road), its lot size is more modest relative to the street (better than only 3%). This indicates it's a modern home on a well-sized lot, but not the largest property on the block.
2. What does the "renovated basement" likely entail?
As the home was built in 2019, the basement renovation is relatively recent. This typically means a finished lower level with legal egress, adding significant functional living or recreational space shortly after the initial build.
3. The assessed value is $73.70k, but it sold for $860k. Why the huge difference?
The assessed value is for municipal tax purposes only and is not an indicator of market value. The recent sale price of $860,000 is the true market valuation.
4. Is the neighbourhood established or still developing?
Bridgwater Lakes is a developing area. With this home built in 2019, it is among the newer constructions, but the presence of sales data from 2015 for nearby properties shows the community has been growing for nearly a decade.
5. What does the sale history indicate about the property's investment potential?
The 2024 sale price represents a gain of approximately 40% over the 2019 purchase price. This growth rate is notably strong, especially considering it occurred during the home's first five years, a period when most appreciation is typically in the land, not the structure.
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