Property score
88.5
Excellent
Overall 88.5 · Larger than most nearby homes
2,402 sqft (top 11%) · Built in 2017 (2 yrs older than avg)
Located in a high-income area with median household income of ~103k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 parks, and 1 sports facility nearby
Living Area
Above average
30% larger than neighborhood avg.
Year Built
Below average
2 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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88.5 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
547 Bridge Lake Drive — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 373 m), 2 parks (nearest 262 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 46% | Bottom 45% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 547 Bridge Lake Drive
Section 1: Key Characteristics & Appeal
This well-maintained two-storey home in Bridgwater Trails, built in 2017, offers modern living with established community roots. Its primary appeal lies in its generous proportions and strong relative value within a desirable neighbourhood. The home features a spacious 2,402 sqft of living area, placing it in the top tier for size both on its street and across Winnipeg. It sits on a large, nearly 6,000 sqft lot, providing ample outdoor space.
The property suits buyers seeking a move-in ready, modern home without the premium of brand-new construction. It’s ideal for growing families who will appreciate the roomy layout and the family-oriented Bridgwater Trails community. The home’s standout characteristic is its balance: it offers more space than most comparable newer homes, yet its 2017 build date means major components are still under warranty and modern in design. A thoughtful perspective is its strong assessed value ranking—it’s valued higher than 94% of Winnipeg homes—which suggests a solid foundation for equity, appealing to both long-term residents and value-conscious investors.
Section 2: Frequently Asked Questions
1. What is the condition of the basement?
The listing confirms the basement exists but is "not renovated." This presents a blank canvas for future expansion, subject to local permits and regulations.
2. How does this property compare to others in Bridgwater Trails?
The data shows this home is larger than 89% of homes in the neighbourhood and sits on a larger-than-average lot. While newer homes exist (like the 2022 reference property), this home offers more established landscaping and potentially more mature community amenities.
3. What does the assessed value versus sale history indicate?
The home was last sold in 2017 for $47.5k and is now assessed at $61.3k. This increase reflects market growth and improvements. Its current assessed value ranks in the top 6% citywide, indicating it is considered a high-value property by municipal assessment.
4. Is the garage attached?
Yes, the home includes an attached garage, a convenient feature for Winnipeg winters.
5. What are the immediate neighbours like?
The listing shows five nearby properties on the same street and cul-de-sac, all within 50 meters. This suggests a tight-knit street layout, which can foster a strong sense of community but may offer less privacy than a more spread-out setting.
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