78.2
Good
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 88.0
1-min walk to transit with 3 nearby routes
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
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)
1,068
563.8k
$347/sqft
2019
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78.2 is composed by the two sections below.
Property Score
Community Score
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.
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
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%
Local garbage, recycling, and yard waste pickup schedule for 196 Landover Drive.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 31% | Bottom 46% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 196 Landover Drive, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, two-storey home built in 2018, situated on a generous lot in Winnipeg's Bridgwater Trails community. Its primary appeal lies in offering contemporary living in a sought-after, newer neighbourhood without the premium price of a brand-new build. The home features 1,503 sqft of living space, an attached garage, and a full basement awaiting personalization.
The property presents a compelling value proposition. While its assessed value is modest compared to recent sale prices, it sold for $480k in late 2023—a price that ranks competitively within the wider Winnipeg market. This suggests buyers are paying for the desirable location and modern amenities rather than the municipal valuation. The lot size is a significant asset, ranking better than most on the street, offering more outdoor space than many newer properties.
This home would suit first-time buyers or young families seeking a move-in ready, low-maintenance property in a community with modern infrastructure. It’s also a practical choice for value-conscious buyers who see potential in the unfinished basement, as it allows for equity growth through future renovation. A less obvious perspective is its appeal to data-driven buyers: the home’s performance metrics (like its top 5% ranking for building age in Winnipeg) provide concrete, comparative reassurance about its modern construction amidst an older city housing stock.
Frequently Asked Questions
1. Why is there such a difference between the Assessed Value and the recent sale price?
Municipal assessments for tax purposes often lag behind market values, especially in desirable, newer neighbourhoods. The sale price reflects what buyers are currently willing to pay for the location, modern build, and community amenities.
2. What is the condition of the basement?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate it as unfinished space, which presents a blank canvas for future expansion but will require investment to complete.
3. How does this home compare to others in Bridgwater Trails?
The home’s living area is somewhat typical for the neighbourhood, but it sits on a larger-than-average lot for the street. Its 2018 build date makes it newer than over half the homes in the immediate area.
4. Is the $480k sale price from 2023 a good indicator of current value?
While a recent sale is a strong data point, current market conditions must be considered. It establishes a firm baseline, but the final price will depend on present supply, demand, and the property's condition since that sale.
5. What are the known advantages of the Bridgwater Trails community?
As a modern development, it typically offers newer schools, parks, and walking trails with contemporary urban planning. Prospective buyers should research specific community fees, amenities, and the completion level of planned neighbourhood features.
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