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)
1,068
563.8k
$347/sqft
2019
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Property score
78.2 is composed by the two sections below.
Property Score
Community Score
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.
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.
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
above averageYear Built
EliteLot Size
around averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 25% | Bottom 43% | Top 20% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Bottom 8% | Top 46% |
56 Silver Creek Road · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
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.
Map & Street View
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