421 Bridge Lake Drive

Bridgwater Trails, Winnipeg

Property score

81.3

Excellent

Overall 81.3 · Older than most nearby homes

1,628 sqft (bottom 40%) · Built in 2016 (3 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

Near average

12% smaller than neighborhood avg.

Year Built

Below average

3 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

81.3 is composed by the two sections below.

Property Score

80.5Excellent
Living Area1,628 sqft83Excellent
Year Built201697Excellent
Lot Size3,992 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

above average
1,628 sqft
0255075100
Same streetBottom 43%Same areaBottom 40%CitywideTop 24%
Same street · Bridge Lake Drive
#90 / 158
Bottom 43% · Avg 1,844 sqft
Same area · Bridgwater Trails
#763 / 1,282
Bottom 40% · Avg 1,849 sqft
Citywide · Winnipeg
#46,504 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
491k
0255075100
Same streetBottom 41%Same areaBottom 33%CitywideTop 21%
Same street · Bridge Lake Drive
#93 / 158
Bottom 41% · Avg 627.7k
Same area · Bridgwater Trails
#853 / 1,282
Bottom 33% · Avg 596.2k
Citywide · Winnipeg
#41,318 / 194,458
Top 21% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetBottom 39%Same areaBottom 16%CitywideTop 6%

Lot Size

around average
3,992 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

421 Bridge Lake Drive — 5 amenities found within 500 m, across 3 categories, including 1 dining (nearest 409 m), 3 parks (nearest 313 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 11/2020CA$400k–450k
Sold price

Same street

Bottom 34%

Same area

Bottom 27%

City-wide

Top 31%
Sold 2/2016CA$350k–400k
Sold price

Same street

Bottom 10%

Same area

Bottom 8%

City-wide

Top 46%

Related homes

Highlights & common questions: 421 Bridge Lake Drive, Winnipeg

Property Overview: 421 Bridge Lake Drive

Key Characteristics, Appeal & Ideal Buyer

This two-storey home in Bridgwater Trails is a modern, low-maintenance property built in 2016. Its key features include a renovated basement and a detached garage on a standard 4,000 sqft lot. The home’s primary appeal lies in its balance of contemporary construction and established community. While its living space (1,628 sqft) is comfortably above average for Winnipeg, it ranks as a mid-size home within the immediate Bridgwater Trails neighbourhood, suggesting a community of similarly scaled, newer homes.

The data reveals thoughtful perspectives: this home is newer than 93% of properties in Winnipeg, offering modern building standards and efficiency, yet it is already one of the older homes on its street, where newer constructions exist. Its current assessed value places it in the top 20% city-wide, indicating strong official valuation growth since its last sale. This property would suit a young professional, a small family, or a downsizer seeking a turn-key home in a planned community. It’s ideal for buyers who value modern amenities and neighbourhood consistency over a custom-built or unique character home, and who appreciate the potential stability of a home that has already seen significant equity growth.

Frequently Asked Questions

1. How does this home compare to others on the street?
It ranks in the top half for lot size and living area on Bridge Lake Drive, but is newer than only about 39% of its immediate neighbours, meaning several more recent constructions are nearby.

2. What does the sold price history indicate?
The home sold for $410,000 in November 2020. Its current assessed value of $491,000 suggests substantial growth in official valuation over the past few years, a point for discussion with your real estate agent regarding current market value.

3. Is the basement development included in the living area square footage?
No. The 1,628 sqft living area refers to above-grade space. The renovated basement is additional, usable square footage.

4. What is the Bridgwater Trails community like?
It's a modern, master-planned neighbourhood in Winnipeg. The data shows homes here are generally newer than most of the city, with this property being slightly older than the neighbourhood's newest builds but far newer than the Winnipeg average.

5. How does the detached garage affect the property?
A detached garage provides flexibility and can reduce noise transfer to the main house. It may also mean a slightly longer walk during Winnipeg winters compared to an attached garage.

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