196 Valley Brook Road

Bridgwater Trails, Winnipeg

Property score

89.2

Excellent

Overall 89.2 · Larger than most nearby homes

2,453 sqft (top 10%) · Built in 2019

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 parks, and 1 sports facility nearby

Living Area

Above average

33% larger than neighborhood avg.

Year Built

Near average

0 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

89.2 is composed by the two sections below.

Property Score

93.6Excellent
Living Area2,453 sqft96Excellent
Year Built201997Excellent
Lot Size6,085 sqft81Excellent
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

Elite
2,453 sqft
0255075100
Same streetTop 43%Same areaTop 10%CitywideTop 3%
Same street · Valley Brook Road
#28 / 65
Top 43% · Avg 2,350 sqft
Same area · Bridgwater Trails
#128 / 1,282
Top 10% · Avg 1,849 sqft
Citywide · Winnipeg
#6,385 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
687k
0255075100
Same streetBottom 48%Same areaTop 16%CitywideTop 4%
Same street · Valley Brook Road
#34 / 65
Bottom 48% · Avg 797.9k
Same area · Bridgwater Trails
#210 / 1,282
Top 16% · Avg 596.2k
Citywide · Winnipeg
#8,137 / 194,458
Top 4% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetBottom 8%Same areaTop 35%CitywideTop 4%

Lot Size

above average
6,085 sqft
0255075100
Same streetTop 40%Same areaTop 22%CitywideTop 29%

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

196 Valley Brook Road — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 375 m), 2 parks (nearest 359 m).

Search radius
🍽️Dining1
🌳Parks2
💪Sports1

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 4/2024CA$750k–800k
Sold price

Same street

Top 33%

Same area

Top 10%

City-wide

Top 2%
Sold 10/2019CA$500k–550k
Sold price

Same street

Bottom 18%

Same area

Top 33%

City-wide

Top 12%

Related homes

Highlights & common questions: 196 Valley Brook Road, Winnipeg

Property Overview

This 2019 two-storey home in Bridgwater Trails presents a compelling mix of modern living and established value. Its key appeal lies in being a relatively new build that has already proven its market worth, situated on a spacious lot in a desirable neighbourhood.

Key Characteristics & Ideal Buyer

The home sits on a large 6,085 sqft lot, which is bigger than most in the immediate area, offering great potential for outdoor living, gardening, or future expansion. With 2,453 sqft of living space, it is notably roomier than over 90% of homes in Bridgwater Trails, providing ample space for a growing or established family. The attached garage and unrenovated basement add practical utility and a blank canvas for future customization.

Its strong appeal is rooted in a proven value trajectory. Purchased new in 2019 for $543k, it recently sold for $750k in April 2024. This significant appreciation, combined with its current assessed value being in the top tier for Winnipeg, suggests a solid and desirable investment in a stable community. The data indicates it’s a home that has outpaced many of its local and city-wide peers in value growth.

This property would best suit practical buyers who prioritize space, a modern building envelope, and a sound financial history. It’s ideal for a family seeking a move-in ready home in a newer community without paying a "brand-new" premium, or for a value-conscious buyer who appreciates a large lot and the option to personalize the basement over time.

Frequently Asked Questions

1. How does the recent sale price compare to the assessed value?
The home sold for $750,000 in April 2024, which is significantly higher than its $68,700 assessed value. It’s important to remember that assessed value is for municipal tax purposes and often lags behind the current market, which is clearly strong for this specific property.

2. What does the "unrenovated basement" mean?
The basement is finished but has not been updated since the home was built in 2019. It’s essentially a blank slate—clean and functional, but awaiting your personal touch to modernize or customize it to your needs.

3. The home is newer, but how does its lot size rank?
While the house itself is newer than only 8% of homes on its street, the lot size is a standout feature, ranking better than 60% of its neighbours on Valley Brook Road. You're getting a more established lot size than is typical for a home of this age in the area.

4. What is the neighbourhood profile of Bridgwater Trails?
Based on the data, Bridgwater Trails is a consistently desirable neighbourhood within Winnipeg. This home ranks highly against local comparables for living area, sold price, and assessed value, indicating it's in a sought-after subsection of the community.

5. Has the home's value increased steadily?
The sales history shows a clear and strong upward trend: from $543,000 in 2019 to $750,000 in 2024. This represents substantial growth over five years, outperforming the majority of homes in Winnipeg and demonstrating strong market demand for this property.

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