3 Silver Creek Road

Bridgwater Trails, Winnipeg

Property score

79.0

Good

Overall 79.0 · Smaller than most nearby homes

1,288 sqft (bottom 5%) · Built in 2017 (2 yrs 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

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Below average

2 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

79.0 is composed by the two sections below.

Property Score

76.6Good
Living Area1,288 sqft66Good
Year Built201797Excellent
Lot Size7,159 sqft88Excellent
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

around average
1,288 sqft
0255075100
Same streetBottom 15%Same areaBottom 5%CitywideTop 42%
Same street · Silver Creek Road
#58 / 68
Bottom 15% · Avg 1,461 sqft
Same area · Bridgwater Trails
#1,213 / 1,282
Bottom 5% · Avg 1,849 sqft
Citywide · Winnipeg
#82,476 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
449k
0255075100
Same streetBottom 12%Same areaBottom 8%CitywideTop 29%
Same street · Silver Creek Road
#60 / 68
Bottom 12% · Avg 473.4k
Same area · Bridgwater Trails
#1,175 / 1,282
Bottom 8% · Avg 596.2k
Citywide · Winnipeg
#55,544 / 194,458
Top 29% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetBottom 9%Same areaBottom 31%CitywideTop 5%

Lot Size

Elite
7,159 sqft
0255075100
Same streetTop 1%Same areaTop 15%CitywideTop 16%

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 1/2025CA$500k–550k
Sold price

Same street

Top 19%

Same area

Top 45%

City-wide

Top 16%

Related homes

Highlights & common questions: 3 Silver Creek Road, Winnipeg

Property Overview: 3 Silver Creek Road, Bridgwater Trails

Key Characteristics & Appeal

This 2017-built, one-storey home in the popular Bridgwater Trails neighbourhood presents a specific and appealing profile. Its primary strengths lie in its generous 7,159 sqft lot, which ranks in the top 1% on its street, offering significant outdoor space for a newer property. The home sits on a quiet street, with a detached garage and an unfinished basement providing a blank canvas for future expansion. While the living area is modest at 1,288 sqft, the property’s recent sale price of $50.30k ranks highly against local comparables, suggesting strong perceived value for the lot and location.

The appeal here is for practical, forward-thinking buyers. It perfectly suits a first-time buyer or downsizer seeking a modern, low-maintenance single-level layout in a family-oriented community, with the lot size offering a rare opportunity for gardening, play, or future additions. It’s also an ideal candidate for an investor or handy purchaser, as the unrenovated basement represents clear potential to add value and customize the space to suit specific needs. The property offers a balance of a newer build’s efficiencies with the raw potential often missing from fully finished homes.


Frequently Asked Questions

1. Is the lot size unusual for this area?
Yes. At over 7,150 sqft, this lot is significantly larger than most in Bridgwater Trails, ranking better than 99% of homes on its street. This is a standout feature for a newer neighbourhood where lots are typically more compact.

2. What does the "unfinished basement" mean for me?
The basement is structurally complete but not developed. This is a key opportunity, as it allows you to finish the space to your exact specifications—whether as a rec room, home office, or additional bedrooms—without paying a premium for someone else’s renovations.

3. How does the recent sale price compare?
The January 2025 sale price of $50.30k ranks better than 87% of recent sales on its street, indicating it was a competitively priced transaction that likely attracted strong interest.

4. Who might this property not suit?
Buyers looking for a move-in-ready home with a fully developed lower level or those who prioritize a large interior footprint over outdoor space may find this property requires more immediate investment or feels too compact.

5. The assessed value is lower than the sale price. What does that indicate?
Municipal assessed value ($44.90k) is for tax purposes and often lags behind the current market. The higher sale price reflects what buyers were recently willing to pay based on market conditions, the desirable lot, and the home’s condition.

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