415 Bridge Lake Drive

Bridgwater Trails, Winnipeg

Property score

78.1

Good

Overall 78.1 · Smaller and older than most nearby homes

1,480 sqft (bottom 14%) · 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)

Sold Count

1,068

Median price

563.8k

$/sqft

$347/sqft

Avg build year

2019

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Property score

78.1 is composed by the two sections below.

Property Score

75.1Good
Living Area1,480 sqft75Good
Year Built201594Excellent
Lot Size3,993 sqft46Low
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
1,480 sqft
0255075100
Same streetBottom 11%Same areaBottom 14%CitywideTop 32%
Same street · Bridge Lake Drive
#141 / 158
Bottom 11% · Avg 1,844 sqft
Same area · Bridgwater Trails
#1,098 / 1,282
Bottom 14% · Avg 1,849 sqft
Citywide · Winnipeg
#61,752 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
447k
0255075100
Same streetBottom 11%Same areaBottom 7%CitywideTop 29%
Same street · Bridge Lake Drive
#141 / 158
Bottom 11% · Avg 627.7k
Same area · Bridgwater Trails
#1,187 / 1,282
Bottom 7% · Avg 596.2k
Citywide · Winnipeg
#56,208 / 194,458
Top 29% · Avg 390.1k

Year Built

above average
2015
0255075100
Same streetBottom 28%Same areaBottom 7%CitywideTop 7%

Lot Size

around average
3,993 sqft
0255075100
Same streetBottom 35%Same areaBottom 27%CitywideBottom 25%

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

415 Bridge Lake Drive — 5 amenities found within 500 m, across 3 categories, including 1 dining (nearest 417 m), 3 parks (nearest 321 m).

Search radius
🍽️Dining1
🌳Parks3
💪Sports1

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 2/2022CA$450k–500k
Sold price

Same street

Top 46%

Same area

Top 48%

City-wide

Top 16%
Sold 8/2020CA$400k–450k
Sold price

Same street

Bottom 33%

Same area

Bottom 27%

City-wide

Top 32%
Sold 10/2017CA$350k–400k
Sold price

Same street

Bottom 24%

Same area

Bottom 14%

City-wide

Top 42%

Related homes

Highlights & common questions: 415 Bridge Lake Drive, Winnipeg

Property Overview & Key Characteristics

This two-storey home in Bridgwater Trails is a well-maintained property built in 2015, offering a practical layout with 1,480 sqft of living space on a generous 3,993 sqft lot. Its key appeal lies in its balance of established community living and modern construction. While the home itself presents as a solid, move-in-ready canvas—featuring a full, unrenovated basement and a detached garage—its standout characteristic is its lot size, which is notably larger than many in the immediate area. This provides valuable outdoor space and potential for future landscaping or expansion.

The property would suit first-time buyers or young families looking for a foothold in a popular, newer Winnipeg neighbourhood without the premium of a brand-new build. It’s also a sensible choice for value-oriented buyers who appreciate a home that’s past its initial settling-in phase but still modern, and who see the unrenovated basement as a future project opportunity rather than a drawback. A less obvious perspective is that this home represents a stable, middle-ground option in a neighbourhood with a wide range of home ages and values; it’s newer than 92% of Winnipeg, offering contemporary efficiency, yet it’s had time for the community and landscaping to mature.


Frequently Asked Questions

1. How does this home compare to others on the street and in Bridgwater Trails?
The data indicates the home’s lot size is a relative strength compared to nearby properties, ranking better than 65% on its own street. Its living space and assessed value, however, are more modest relative to its immediate neighbours, placing it in the top 70-80% range. This suggests you’re getting above-average outdoor space for the area.

2. What does the sale history tell us about the property's value?
The home has changed hands several times since 2017, with a noticeable peak in the 2022 sale. The current assessed value sits below that 2022 sale price, which may reflect broader market adjustments. This history shows the property has been in demand but may now be priced closer to its longer-term trend.

3. Is the basement finished, and what are the implications?
The basement is confirmed as "not renovated." This means it is likely undeveloped, offering blank-slate potential for future living space, storage, or a rec room, but it will require an investment to finish. For some buyers, this is a positive (customization); for others, it’s an immediate cost to consider.

4. The home is noted as "newer than 92% of Winnipeg." What are the practical benefits?
A 2015 build means major components like the roof, windows, furnace, and insulation are relatively modern and likely more energy-efficient than those in older city homes. It also suggests fewer immediate major repair concerns and compliance with more recent building codes.

5. Who might this property not suit as well?
Buyers seeking a fully turnkey home with a finished basement for immediate use may need to budget for renovations. Additionally, those prioritizing top-tier rankings in living space or premium finishes within Bridgwater Trails itself might find newer or more extensively upgraded homes in the area better align with their goals.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.