Property score
78.1
Good
Overall 78.1 · Smaller and older than most nearby homes
1,481 sqft (bottom 15%) · Built in 2015 (4 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 · Within 500m: 1 dining spot, 3 parks, and 1 sports facility nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Below average
4 yrs older 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
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78.1 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
405 Bridge Lake Drive — 5 amenities found within 500 m, across 3 categories, including 1 dining (nearest 435 m), 3 parks (nearest 334 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 | Top 49% | Top 50% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails offers a modern, low-maintenance lifestyle in a sought-after Winnipeg community. Built in 2015, its key appeal lies in a recently renovated basement, which adds valuable finished living space to the 1,481 sqft floor plan. The property sits on a standard 3,996 sqft lot, ideal for those who prefer a manageable yard.
The home’s strongest suit is its relative newness and condition within the broader Winnipeg context, ranking newer than 92% of city homes. It presents a practical, move-in-ready option. Its assessed value is modest for the area, suggesting potential for buyers mindful of property taxes. This property would suit first-time buyers, young professionals, or downsizers seeking a contemporary home in a planned neighbourhood without the premium for a brand-new build. It’s a fit for those who value interior updates—like the finished basement—over having a large yard or garage.
Frequently Asked Questions
1. How does the lack of a garage impact daily living and resale?
While a driveway provides parking, the absence of a garage means less storage and no protected parking during Winnipeg winters. This is a common trade-off in many newer communities and is reflected in the price point, but it’s a key consideration for vehicle owners.
2. The home ranks lower in size within its own street and neighbourhood. Should I be concerned?
This indicates the street and Bridgwater Trails overall have many larger, potentially more premium homes. For the right buyer, this means an opportunity to enter a desirable neighbourhood at a more accessible price, while still benefiting from the community amenities and surroundings.
3. The assessed value ($45,60k) is notably lower than the 2022 sale price ($49,20k). What does this mean?
Assessed values for taxation don't always align directly with current market value. This gap could be due to market cooling, the specific timing of the assessment, or the sale two years ago reflecting a different market. It’s a positive point for ongoing property tax costs.
4. What is the significance of the renovated basement?
In a home of this size, a finished basement significantly expands usable living area, potentially adding space for a family room, home office, or guest area. It’s a valuable update that adds functionality without the need for immediate projects.
5. The lot is ranked "larger than 37%" on its street. Is the yard size typical?
This suggests the lot is on the smaller side for Bridge Lake Drive, but not the smallest. It aligns with the low-maintenance appeal, offering enough space for a patio or small garden but not requiring extensive upkeep.
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