24 Elm Forest Court

Bridgwater Trails, Winnipeg

Property score

89.5

Excellent

Overall 89.5 · Newer than most nearby homes

1,953 sqft (top 35%) · Built in 2021 (2 yrs newer than avg)

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

Transit 76.0 · 6-min walk to transit with 4 nearby routes

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Above average

2 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

89.5 is composed by the two sections below.

Property Score

94.2Excellent
Living Area1,953 sqft92Excellent
Year Built2021100Excellent
Lot Size11,370 sqft97Excellent
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
1,953 sqft
0255075100
Same streetBottom 1%Same areaTop 35%CitywideTop 12%
Same street · Elm Forest Court
#5 / 5
Bottom 1% · Avg 2,191 sqft
Same area · Bridgwater Trails
#443 / 1,282
Top 35% · Avg 1,849 sqft
Citywide · Winnipeg
#23,432 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
589k
0255075100
Same streetBottom 1%Same areaTop 33%CitywideTop 9%
Same street · Elm Forest Court
#5 / 5
Bottom 1% · Avg 660.2k
Same area · Bridgwater Trails
#425 / 1,282
Top 33% · Avg 596.2k
Citywide · Winnipeg
#17,019 / 194,458
Top 9% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetBottom 40%Same areaTop 10%CitywideTop 2%

Lot Size

Elite
11,370 sqft
0255075100
Same streetTop 40%Same areaTop 6%CitywideTop 4%

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 9/2023CA$650k–700k
Sold price

Same street

Top 50%

Same area

Top 13%

City-wide

Top 4%

Related homes

Highlights & common questions: 24 Elm Forest Court, Winnipeg

Property Overview & Key Characteristics

This two-storey home in Bridgwater Trails is a modern property, built in 2021, offering a move-in-ready canvas. Its key appeal lies in a combination of new construction benefits and a generous, private lot. With 1,953 sqft of living space and a substantial 11,370 sqft land area, it ranks in the top 6% for lot size within the neighbourhood, providing rare space for gardening, play, or future expansion in this newer community. The home features an attached garage and an unfinished basement, offering potential for customization.

The property suits buyers looking for a modern home in a sought-after area without the need for immediate major renovations. It’s particularly well-suited for growing families or those who value outdoor space and the ability to tailor a basement to their specific needs down the line. A thoughtful perspective is that while the interior living area is fairly typical for the street, the property’s standout value is its significantly larger-than-average lot, suggesting a premium on outdoor privacy and potential that may not be immediately apparent from the floor plan alone.

Frequently Asked Questions

1. How does the assessed value compare to the recent sale price?
The home was last sold in September 2023 for $690,000. Its current assessed value for tax purposes is $589,000. It’s important to note that municipal assessments are for taxation and often lag behind current market values, which are better indicated by the recent sale price.

2. What does the "unfinished basement" condition mean?
The basement is complete but not renovated. It has essential structural and safety elements (like foundation, walls, and likely rough-in for utilities) but requires flooring, walls, ceilings, and finishes to become livable space, allowing the next owner to customize it.

3. The lot size is a standout feature. Are there any restrictions on how it can be used?
While the data highlights the large lot, any plans for significant alterations like additions, decks, or pools would require checking with the city for zoning bylaws and the neighbourhood developer for any restrictive covenants that might apply in Bridgwater Trails.

4. How does this home rank within its immediate area?
The rankings show a mix. While its lot size is superior to most in Winnipeg and Bridgwater Trails, its living area and assessed value are actually the smallest or among the smallest on its specific street (Elm Forest Court). This indicates it may be situated among larger or more upgraded homes, which can be a positive for overall street appeal and property values.

5. Is the property in a flood zone or have any known major issues?
This information is not provided in the available details. A crucial due diligence step would be to review the property disclosure statement, consider a professional home inspection, and consult official flood plain maps for the Bridgwater area.

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.