124 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 70.0 · 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

78.2 is composed by the two sections below.

Property Score

75.4Good
Living Area1,503 sqft79Good
Year Built201897Excellent
Lot Size2,667 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
2,667 sqft
0255075100
Same streetTop 50%Same areaBottom 4%CitywideBottom 7%

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 3/2020CA$350k–400k
Sold price

Same street

Top 41%

Same area

Bottom 23%

City-wide

Top 34%

Related homes

Highlights & common questions: 124 Silver Creek Road, Winnipeg

Property Overview: 124 Silver Creek Road, Bridgwater Trails

Key Characteristics & Appeal

This is a modern, two-storey home built in 2018, offering a low-maintenance lifestyle in Winnipeg's Bridgwater Trails community. Its key features include a renovated basement and an attached garage. The appeal lies in its contemporary build, which is newer than approximately 95% of homes in Winnipeg, meaning major components like roofing, windows, and systems are relatively young and under warranty. The home sits on a lot that is above average in size for its street, providing a bit more outdoor space than many of its immediate neighbors.

The property would suit first-time buyers or young families looking for a move-in-ready home without the immediate concerns of an older property. It also appeals to practical buyers who value data: the home's assessed value ranks highly within its street and the wider city, suggesting solid municipal valuation relative to the market. A less obvious perspective is its potential for a buyer who appreciates a renovated basement but may want to personalize the main living areas, as the interior square footage is more modest compared to the neighborhood.

Frequently Asked Questions

1. How does the lot size compare?
At 2,667 sqft, the land area is larger than 50% of the lots on Silver Creek Road, offering more yard space than many homes in this specific row.

2. Is this a good value for the area?
The assessed value of $49,500 ranks in the top 22% on its street and top 18% city-wide, indicating the municipal assessment views it favorably compared to many other properties.

3. What should I know about the living space?
The living area is 1,503 sqft. It's above average for Winnipeg overall but below the median for the Bridgwater Trails neighbourhood, so the home may feel more compact than some others in the immediate area.

4. The home sold for $39,500 in 2020. Why is that price so low?
This almost certainly represents a nominal transfer price, such as between family members or for legal/administrative purposes, and does not reflect a market-value transaction. The assessed value is the relevant figure for market comparison.

5. How does the age of the home compare?
Built in 2018, it is significantly newer than most Winnipeg homes (newer than ~95%). In its own neighbourhood, however, it is close to the median age, so it fits right in with the typical modern build of Bridgwater Trails.

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.