348 Willow Creek Road

Bridgwater Trails, Winnipeg

Property score

90.7

Excellent

Overall 90.7 · Larger than most nearby homes

2,220 sqft (top 20%) · Built in 2018 (1 yr older than avg)

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

Transit 70.0 · 8-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

20% larger 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)

Sold Count

1,068

Median price

563.8k

$/sqft

$347/sqft

Avg build year

2019

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Property score

90.7 is composed by the two sections below.

Property Score

96.1Excellent
Living Area96
2,220 sqftExcellent
Year Built97
2018Excellent
Lot Size98
12,896 sqftExcellent
Neighbourhood Sales Activity89
Excellent

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

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
2,220 sqft
0255075100
Same streetTop 50%Same areaTop 20%CitywideTop 6%
Same street · Willow Creek Road
#66 / 133
Top 50% · Avg 2,254 sqft
Same area · Bridgwater Trails
#250 / 1,282
Top 20% · Avg 1,849 sqft
Citywide · Winnipeg
#12,090 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.28M
0255075100
Same streetTop 11%Same areaTop 3%CitywideTop 1%
Same street · Willow Creek Road
#14 / 133
Top 11% · Avg 795.2k
Same area · Bridgwater Trails
#43 / 1,282
Top 3% · Avg 596.2k
Citywide · Winnipeg
#849 / 194,458
Top 1% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetBottom 41%Same areaBottom 47%CitywideTop 4%

Lot Size

Elite
12,896 sqft
0255075100
Same streetTop 3%Same areaTop 3%CitywideTop 3%

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

348 Willow Creek Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 475 m).

Search radius
🌳Parks2

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 9/2020CA$1.15M–1.2M
Sold price

Same street

Top 7%

Same area

Top 2%

City-wide

Top 1%

Related homes

Highlights & common questions: 348 Willow Creek Road, Winnipeg

Property Overview

This 2018-built, one-storey home in Bridgwater Trails presents a compelling blend of modern living, generous space, and strong investment metrics. Its appeal is rooted in both its tangible features and its standout position within the broader market.

Key Characteristics & Ideal Buyer

The home sits on a large, approximately 13,000 sqft lot, placing it in the top 3% for land size locally. With 2,220 sqft of living space, it offers ample room and ranks within the top 20% of the neighbourhood. A key feature is the renovated basement, adding valuable finished space. The home’s assessed value of $128.1k is notably high, ranking in the top 3% of the neighbourhood and top 1% city-wide, suggesting a premium build quality, significant improvements, or a particularly desirable location within the community.

Its primary appeal lies in this combination of a modern, low-maintenance bungalow layout, a substantial and private lot, and clear market validation through its assessment history. It would suit buyers looking for a move-in-ready, single-level home in a newer suburb, particularly those who value space and privacy. The strong assessed value and past sale price, both ranking exceptionally high, will also attract value-conscious buyers or investors looking for properties with a demonstrated premium standing in their area. A less obvious perspective is that while the home is newer (2018), its year-built rank is middle-of-the-pack on its own street, indicating a mature, established phase of development rather than a brand-new construction site, which some may prefer.

Frequently Asked Questions

Q: What does the exceptionally high assessed value indicate?
A: An assessed value in the top 1% city-wide typically reflects more than just size and age. It often points to above-standard finishes, significant upgrades (like the renovated basement), and/or a lot with premium attributes. It suggests the property is considered a high-calibre home within the municipal valuation system.

Q: How does the lot size compare to nearby homes?
A: The lot is a key feature, larger than 97% of those on the same street and in the neighbourhood. This means it likely offers more backyard space, privacy, and potential than most direct comparables in Bridgwater Trails.

Q: The home sold in 2020. What can that price tell me?
A: The 2020 sale price of $119k was also a premium price at that time, ranking in the top 4% of the neighbourhood. This consistency—a high sale price then followed by a high assessed value now—reinforces the property’s sustained market position.

Q: Is the living space typical for the area?
A: At 2,220 sqft, the living area is larger than 80% of homes in Bridgwater Trails, making it a spacious offering for the community. It balances the single-storey layout with ample square footage.

Q: The "For Reference" and "Worth Viewing" comparisons show lower assessed values. Why?
A: Those nearby properties, while useful for area context, have different specifications (e.g., smaller living area, different lot sizes). The significant difference in assessed value underscores that this specific home at 348 Willow Creek Road is positioned at a different tier within the same neighbourhood, likely due to its size, lot, and level of finish.