Property score
85.7
Excellent
Overall 85.7 · Newer than most nearby homes
1,842 sqft (top 41%) · Built in 2021 (2 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby
Living Area
Near average
0% smaller 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)
1,068
563.8k
$347/sqft
2019
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
85.7 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
40 Glen Ivy Court — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 257 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 35% | Bottom 40% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 40 Glen Ivy Court, Bridgwater Trails, Winnipeg
Key Characteristics & Appeal
This is a modern, two-storey home built in 2021, offering a move-in-ready opportunity in the popular Bridgwater Trails community. Its key appeal lies in its balance of new construction benefits and established neighbourhood living. The home features a generous 1,842 sqft of living space and a large 5,355 sqft lot, with an attached garage and a full (though unrenovated) basement providing ample room for storage or future expansion.
The property’s strength is its above-average standing within a newer area. It ranks in the top tier for its newness compared to almost all homes in Winnipeg and its immediate street, meaning it likely requires less immediate upkeep than older stock. While the interior is modern, the unrenovated basement presents a clean slate for customization. This home would suit first-time buyers or young families seeking a contemporary layout without the wait of a new build, as well as practical buyers who value space and prefer to tailor finishes to their own taste over time. A thoughtful perspective is that while the assessed value has risen since its 2021 sale, its current valuation is competitive within its immediate circle, suggesting it is positioned within the market norm for the area rather than at a premium.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks above average for both lot size and living area on Glen Ivy Court. Most notably, it is the newest home on the street, being newer than 96% of its direct neighbours.
2. What does the "unrenovated basement" imply?
The basement is finished as part of the original 2021 build but has not been subsequently upgraded. It offers functional space as-is, but allows the next owner to customize it without the need for demolition.
3. Is the assessed value the same as the listing price?
No. The assessed value ($541,000) is for municipal tax purposes. The listing price is set by the seller and is influenced by current market conditions, recent comparable sales, and the home’s specific features.
4. What is the Bridgwater Trails neighbourhood like?
Bridgwater Trails is a master-planned community in south Winnipeg known for its newer homes, parks, pathways, and planned amenities. It typically attracts families and professionals seeking modern suburban living.
5. Why is the 2021 sale price significantly lower than the current assessed value?
The home was likely purchased new from the builder in early 2021. The increase in assessed value reflects both the natural appreciation after the initial purchase and broader market trends over the past few years.
