449 Bridge Lake Drive

Bridgwater Trails, Winnipeg

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, 2 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 Area1,481 sqft75Good
Year Built201594Excellent
Lot Size3,828 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
1,481 sqft
0255075100
Same streetBottom 14%Same areaBottom 15%CitywideTop 32%
Same street · Bridge Lake Drive
#136 / 158
Bottom 14% · Avg 1,844 sqft
Same area · Bridgwater Trails
#1,084 / 1,282
Bottom 15% · Avg 1,849 sqft
Citywide · Winnipeg
#61,689 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
461k
0255075100
Same streetBottom 22%Same areaBottom 14%CitywideTop 26%
Same street · Bridge Lake Drive
#123 / 158
Bottom 22% · Avg 627.7k
Same area · Bridgwater Trails
#1,100 / 1,282
Bottom 14% · Avg 596.2k
Citywide · Winnipeg
#51,472 / 194,458
Top 26% · Avg 390.1k

Year Built

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

Lot Size

around average
3,828 sqft
0255075100
Same streetBottom 31%Same areaBottom 23%CitywideBottom 23%

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

449 Bridge Lake Drive — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 377 m), 2 parks (nearest 262 m).

Search radius
🍽️Dining1
🌳Parks2
💪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 6/2022CA$550k–600k
Sold price

Same street

Top 29%

Same area

Top 29%

City-wide

Top 10%

Related homes

Highlights & common questions: 449 Bridge Lake Drive, Winnipeg

Property Overview: 449 Bridge Lake Drive

Key Characteristics & Appeal

This two-storey home in Bridgwater Trails offers a practical entry point into a popular, modern Winnipeg community. Built in 2015, it sits on a good-sized lot (3,828 sqft) and features 1,481 sqft of living space with a detached garage and an unfinished basement. Its core appeal lies in being a relatively newer, low-maintenance property within a sought-after neighbourhood, providing a solid foundation for a first home or a long-term investment.

The home’s value is underscored by its competitive position within the wider Winnipeg market—it ranks newer than 92% of city homes and has a living area larger than 71% of them. While its rankings within its immediate street and neighbourhood are more modest, this suggests it represents a value-conscious option within Bridgwater Trails itself. The 2022 sale price of $55.80k, which was higher than 89% of Winnipeg sales at the time, indicates strong past market confidence. The current assessed value is notably lower, which may present an opportunity. This property would suit first-time buyers seeking a foothold in a newer community, or pragmatic investors looking for a property with a proven value history and the potential to add value through basement development.


Frequently Asked Questions

1. What is the significance of the property’s rankings?
The rankings compare this home against others on its street, in Bridgwater Trails, and across Winnipeg. While it ranks average within its immediate area, it scores very well city-wide for its age and living space, highlighting that you are acquiring a newer, reasonably sized home at a price point that is competitive for the broader market.

2. The assessed value is lower than the 2022 sale price. What does this mean?
Assessed value is for municipal tax purposes and doesn't always equal market value. The 2022 sale price is a concrete market data point. The difference could reflect market adjustments, but it’s a key figure to discuss with your realtor to understand current valuation.

3. Is the unfinished basement a drawback or an opportunity?
It’s primarily an opportunity. The basement provides blank-canvas space for future expansion (like a rec room, home office, or additional bedroom) without the premium cost of a finished basement included in the purchase price. It allows you to customize the space to your needs and budget over time.

4. Who would this neighbourhood suit best?
Bridgwater Trails is a master-planned, family-oriented community with newer amenities, parks, and pathways. It’s ideal for those who prefer a modern suburban layout, value community amenities, and seek a home with contemporary construction standards.

5. How does the detached garage impact the property?
A detached garage offers flexibility—it can be used purely for vehicle storage and hobbies without noise or fumes entering the house. It may also provide more backyard space around the home itself. Some buyers prefer the separation, while others might see it as less convenient in winter than an attached garage.

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