112 Silver Creek Road

Bridgwater Trails, Winnipeg

Property score

78.2

Good

Overall 78.2 · Smaller but newer than most nearby homes

1,504 sqft (bottom 23%) · Built in 2020 (1 yr newer than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 40%Chinese · 21%

Past 10 years Bridgwater Trails sales snapshot (~80% of all data)

Sold Count

1,068

Median price

563.8k

$/sqft

$347/sqft

Avg build year

2019

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Property score

78.2 is composed by the two sections below.

Property Score

75.4Good
Living Area1,504 sqft79Good
Year Built202097Excellent
Lot Size2,965 sqft28Low
Neighbourhood Sales Activity89Excellent

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Bridgwater Trails

How to read: Share of sales in each ~$50k price band for “bridgwater trails” (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

above average
1,504 sqft
0255075100
Same streetTop 32%Same areaBottom 23%CitywideTop 30%
Same street · Silver Creek Road
#22 / 68
Top 32% · Avg 1,461 sqft
Same area · Bridgwater Trails
#992 / 1,282
Bottom 23% · Avg 1,849 sqft
Citywide · Winnipeg
#58,653 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

above average
473k
0255075100
Same streetTop 47%Same areaBottom 22%CitywideTop 24%
Same street · Silver Creek Road
#32 / 68
Top 47% · Avg 473.4k
Same area · Bridgwater Trails
#995 / 1,282
Bottom 22% · Avg 596.2k
Citywide · Winnipeg
#47,341 / 194,458
Top 24% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 3%Same areaTop 21%CitywideTop 3%

Lot Size

around average
2,965 sqft
0255075100
Same streetTop 43%Same areaBottom 10%CitywideBottom 10%

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

Search radius
No data within 500 m.

Crime & Safety

Bridgwater Trails · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

50%

Sales History

Sold 5/2023CA$500k–550k
Sold price

Same street

Top 13%

Same area

Top 40%

City-wide

Top 14%
Sold 3/2020CA$300k–350k
Sold price

Same street

Bottom 3%

Same area

Bottom 2%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 112 Silver Creek Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Trails is a modern, low-maintenance property built in 2020. Its key appeal lies in being a relatively new build in a popular suburban neighbourhood, offering a move-in-ready canvas without the immediate concerns of an older home. The attached garage and unrenovated basement present practical advantages: the basement offers clean, dry storage or future expansion potential without the premium cost of a finished space.

The home suits first-time buyers or young families looking for a modern community with newer infrastructure. It also appeals to pragmatic buyers who prefer to avoid the surprises of an older property and value the efficiency of a home still within its first decade. A less obvious angle is its appeal to value-oriented investors or buyers who see potential in the basement; its unfinished state is a blank slate for adding value according to one's own taste and budget, rather than paying for someone else's possibly dated renovations.

Key Details & FAQs

  • Key Characteristics: A 2020 two-storey home with 1,504 sqft of living space, an attached garage, and an unfinished basement. The lot is approximately 2,965 sqft.
  • Appeal: Modern construction in the sought-after Bridgwater Trails community, offering a move-in-ready primary living space with the future potential of the basement.
  • Ideal For: First-time buyers, young families, and pragmatic purchasers seeking a newer, low-maintenance home with room to grow.

Frequently Asked Questions

1. How does this home compare to others in the area?
The home ranks highly for its newer construction (built 2020, newer than 97% of homes on its street) and has a living area larger than most on its street. Its assessed value is very close to the neighbourhood average, as seen with the comparable reference property at 31 Silver Creek Road.

2. Has the property appreciated in value?
Yes. Public sales data shows it sold for $335,600 in 2020 and then for $515,000 in 2023. This indicates strong appreciation during that period, significantly outpacing many Winnipeg properties.

3. What does the "unfinished basement" mean for me?
It means the basement is a blank canvas—it’s structurally complete with plumbing and electrical rough-ins likely in place, but without finished walls, floors, or ceilings. This is a cost-saving feature at purchase and allows you to customize the space later to suit your exact needs, whether for recreation, a home office, or additional bedrooms.

4. Is the lot size typical for Bridgwater Trails?
At just under 3,000 sqft, the lot is fairly standard for newer subdivisions. It offers manageable outdoor space for gardening or play without excessive maintenance. The rankings show it's larger than over half the lots on the same street.

5. What are the immediate next steps for a new owner?
Beyond personal decor updates, the primary project potential lies in the basement. There are no mandatory renovations, allowing you to plan and budget for finishing that space on your own timeline. Routine maintenance for a 6-year-old home, such as checking appliance warranties and exterior caulking, would be prudent.

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