56 Silver Creek Road

Bridgwater Trails, Winnipeg

Property score

78.2

Good

Overall 78.2 · Smaller than most nearby homes

1,504 sqft (bottom 23%) · Built in 2019

Located in a high-income area with median household income of ~103k

Transit 80.0 · 3-min walk to transit with 3 nearby routes

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer 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

78.2 is composed by the two sections below.

Property Score

75.4Good
Living Area1,504 sqft79Good
Year Built201997Excellent
Lot Size2,667 sqft28Low
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
1,504 sqft
0255075100
Same streetTop 32%Same areaBottom 23%CitywideTop 30%
Same street · Silver Creek Road
#22 / 68
Top 32% · Avg 1,461 sqft
Same area · Bridgwater Trails
#992 / 1,282
Bottom 23% · Avg 1,849 sqft
Citywide · Winnipeg
#58,653 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

above average
484k
0255075100
Same streetTop 32%Same areaBottom 30%CitywideTop 22%
Same street · Silver Creek Road
#22 / 68
Top 32% · Avg 473.4k
Same area · Bridgwater Trails
#903 / 1,282
Bottom 30% · Avg 596.2k
Citywide · Winnipeg
#43,648 / 194,458
Top 22% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 7%Same areaTop 35%CitywideTop 4%

Lot Size

around average
2,667 sqft
0255075100
Same streetTop 50%Same areaBottom 4%CitywideBottom 7%

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

Search radius
No data within 500 m.

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 8/2021CA$450k–500k
Sold price

Same street

Top 25%

Same area

Bottom 43%

City-wide

Top 20%
Sold 5/2019CA$350k–400k
Sold price

Same street

Bottom 20%

Same area

Bottom 8%

City-wide

Top 46%

Related homes

Highlights & common questions: 56 Silver Creek Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Trails presents a compelling blend of modern convenience and established value. Built in 2019, it offers the key advantage of being newer than most homes in Winnipeg while having moved past the initial settling-in period of a brand-new build. Its appeal lies in a renovated basement, an attached garage, and a practical layout within a desirable, family-oriented neighbourhood. The lot size is generous for the street, offering more outdoor space than half of its direct neighbours.

The data suggests it would suit first-time buyers or young families looking for a modern, low-maintenance home in a community with newer infrastructure. It also appeals to value-conscious buyers who appreciate a home that is newer than 96% of Winnipeg but has already seen some equity growth, as evidenced by its assessed value rising from its last sale price. The rankings indicate that while the home itself is above average for the city, it sits in a highly competitive pocket of Bridgwater Trails, where many properties are larger or newer. This makes it a smart option for buyers prioritizing a newer home within budget, even if it means a slightly smaller footprint compared to some immediate neighbours.

Frequently Asked Questions

1. How does this home compare to others on the street?
It has a larger-than-average lot for Silver Creek Road and is newer than 93% of homes on the street. However, its living space is around the median, meaning some neighbours may have larger interior layouts.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finish or layout. This is a key detail to clarify with the selling agent to understand if it’s a legal suite, a recreational space, or additional bedrooms.

3. Has the property value increased since it was last sold?
Yes. The home sold for $46,900 in 2021 and now has an assessed value of $48,400. This indicates steady appreciation, though the final market price will be determined by current conditions.

4. The neighbourhood ranking seems low. Why?
The home ranks better than only 4% of properties in Bridgwater Trails for land area. This reflects that Bridgwater Trails is a dense, modern community where many homes, especially those built later, sit on smaller lots. The home actually ranks above average for Winnipeg overall.

5. Are the comparable properties truly similar?
The listed "similar assessed value" properties are in a different neighbourhood (Elmhurst), which is less relevant for direct comparison. More pertinent are the nearby Bridgwater Trails references, which show newer (2021) and larger homes on the next street over, helping to contextualize this home's position and value within its specific community.

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