122 Silver Creek Road

Bridgwater Trails, Winnipeg

Property score

78.2

Good

Overall 78.2 · Smaller than most nearby homes

1,503 sqft (bottom 21%) · Built in 2018 (1 yr older than avg)

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Near average

1 yrs older 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 Area1,503 sqft79Good
Year Built201897Excellent
Lot Size2,866 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
1,503 sqft
0255075100
Same streetBottom 38%Same areaBottom 21%CitywideTop 30%
Same street · Silver Creek Road
#42 / 68
Bottom 38% · Avg 1,461 sqft
Same area · Bridgwater Trails
#1,017 / 1,282
Bottom 21% · Avg 1,849 sqft
Citywide · Winnipeg
#58,834 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

above average
495k
0255075100
Same streetTop 22%Same areaBottom 35%CitywideTop 21%
Same street · Silver Creek Road
#15 / 68
Top 22% · Avg 473.4k
Same area · Bridgwater Trails
#830 / 1,282
Bottom 35% · Avg 596.2k
Citywide · Winnipeg
#40,024 / 194,458
Top 21% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetBottom 46%Same areaBottom 47%CitywideTop 4%

Lot Size

around average
2,866 sqft
0255075100
Same streetTop 49%Same areaBottom 9%CitywideBottom 9%

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 8/2023CA$500k–550k
Sold price

Same street

Top 13%

Same area

Top 40%

City-wide

Top 14%

Related homes

Highlights & common questions: 122 Silver Creek Road, Winnipeg

Property Summary: 122 Silver Creek Road, Bridgwater Trails

Section 1: Overview & Appeal

This is a modern, two-storey home built in 2018, offering a low-maintenance lifestyle in the popular Bridgwater Trails neighbourhood. Its key characteristics include a renovated basement and an attached garage, situated on a standard-sized lot. The home’s primary appeal lies in its contemporary build, which means fewer immediate repair concerns compared to older stock, and its location within a master-planned community known for its pathways and amenities.

The data reveals a nuanced position. While the living space is modest for the area, the property holds its value well, with a recent sale price significantly above the neighbourhood average. This suggests a well-presented home in a desirable pocket. It would suit first-time buyers or young families seeking a turnkey, modern home in a suburban setting, as well as value-conscious buyers who appreciate the efficiency and newer systems of a recent build. A thoughtful perspective is that this home represents a balance—it’s newer than most in Winnipeg, offering modern comforts, yet within its own immediate area, it’s a more standard offering, making it a practical rather than a standout purchase.

Section 2: Frequently Asked Questions

1. How does this home compare in size to others nearby?
At 1,503 sqft of living area, this home is somewhat smaller than many on its street and in Bridgwater Trails overall. It ranks in the top 62% on its street (42nd out of 68), meaning over half the homes on Silver Creek Road are larger.

2. What does the assessed value versus recent sale price indicate?
The home was assessed at $49.50k and sold for $51.50k in August 2023. Selling above assessment can indicate strong buyer demand for the specific property, likely due to its renovated basement and modern condition, in a market that valued it highly at that time.

3. Is the property considered new?
Built in 2018, the home is relatively new, especially compared to the broader Winnipeg market where it is newer than 95% of properties. This typically translates to modern building standards, energy efficiency, and minimal urgent repairs.

4. How does the lot size impact the property?
The land area is 2,866 sqft, which is about average for the street. It provides adequate outdoor space for a patio or small garden but is not an exceptionally large lot, aligning with the community's denser, neighbourhood feel.

5. What is the neighbourhood context?
Bridgwater Trails is a developed, family-oriented community. The data shows this specific street is fairly average within the area for metrics like lot size and year built, suggesting a consistent streetscape without extreme highs or lows in property characteristics.

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