31 Silver Creek Road

Bridgwater Trails, Winnipeg

Property score

79.1

Good

Overall 79.1 · Smaller than most nearby homes

1,472 sqft (bottom 14%) · Built in 2019

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes

Living Area

Below average

20% smaller 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

79.1 is composed by the two sections below.

Property Score

76.8Good
Living Area1,472 sqft75Good
Year Built201997Excellent
Lot Size4,426 sqft53Fair
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
1,472 sqft
0255075100
Same streetBottom 24%Same areaBottom 14%CitywideTop 32%
Same street · Silver Creek Road
#52 / 68
Bottom 24% · Avg 1,461 sqft
Same area · Bridgwater Trails
#1,108 / 1,282
Bottom 14% · Avg 1,849 sqft
Citywide · Winnipeg
#62,465 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
478k
0255075100
Same streetTop 38%Same areaBottom 26%CitywideTop 23%
Same street · Silver Creek Road
#26 / 68
Top 38% · Avg 473.4k
Same area · Bridgwater Trails
#949 / 1,282
Bottom 26% · Avg 596.2k
Citywide · Winnipeg
#45,647 / 194,458
Top 23% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 7%Same areaTop 35%CitywideTop 4%

Lot Size

above average
4,426 sqft
0255075100
Same streetTop 9%Same areaBottom 39%CitywideBottom 33%

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 5/2021CA$450k–500k
Sold price

Same street

Top 32%

Same area

Bottom 37%

City-wide

Top 23%
Sold 4/2019CA$350k–400k
Sold price

Same street

Bottom 30%

Same area

Bottom 10%

City-wide

Top 44%

Related homes

Highlights & common questions: 31 Silver Creek Road, Winnipeg

Property Overview: 31 Silver Creek Road, Bridgwater Trails

Key Characteristics & Appeal

This two-storey home, built in 2019, sits on a generously sized lot in the modern Bridgwater Trails neighbourhood. Its key appeal lies in a balance of newer construction and established community living. The home features 1,472 sqft of living space and a renovated basement, adding valuable finished area. While the living space is modest relative to some newer builds in the area, the property compensates with a land footprint that ranks in the top tier for its street.

The home’s value proposition is nuanced. It suits first-time buyers or young families looking for a modern, low-maintenance property in a sought-after area without the premium price of a brand-new build. It also appeals to those who prioritize lot size over sheer interior square footage, offering room for future outdoor enjoyment or expansion. The significant jump in its sold price from 2019 to 2021 suggests strong past appreciation, and its current assessed value positions it as a potentially more accessible entry point into the neighbourhood compared to nearby, larger comparables. A thoughtful perspective is that this property represents a "second-wave" opportunity in a developing area—the initial new-home premium has passed, but the community amenities and infrastructure are now fully realized.

Frequently Asked Questions

Q: How does the living space compare to other homes in Bridgwater Trails?
A: At 1,472 sqft, the living area is below the neighbourhood average. Buyers should prioritize viewing the layout to ensure it meets their spatial needs, though the renovated basement provides additional functional space.

Q: The home sold for $450k in 2021. What does the current assessed value indicate?
A: The assessed value of $47.80k (which refers to the taxable assessment, not market value) is a municipal calculation for tax purposes. Market value is determined by current sale prices of similar homes. The assessment does suggest the property is not in the top tier of valued homes on its street, which may reflect its more moderate size.

Q: There is no garage. Is this common for the area?
A: While many homes in Bridgwater Trails include garages, not having one is not uncommon. Buyers should consider driveway parking and the potential for future shed or shelter installation, given the above-average lot size.

Q: The home is newer (2019), but how does it rank for its street?
A: It ranks very well, in the top 7% for year built on Silver Creek Road. This means it is one of the newest homes on the block, which can be advantageous for remaining major component warranties and modern building standards.

Q: What is the significance of the lot size being in the "top 91%" for the street?
A: This statistic means the lot is larger than 91% of others on Silver Creek Road. For a neighbourhood of newer homes where lots can be compact, this is a notable advantage, offering more private outdoor space and potential.

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