589 Bridge Lake Drive

Bridgwater Trails, Winnipeg

Property score

89.5

Excellent

Overall 89.5 · Larger than most nearby homes

2,446 sqft (top 10%) · Built in 2017 (2 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

Above average

32% larger than neighborhood avg.

Taon ng Paggawa

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)

Sold Count

1,068

Median price

563.8k

$/sqft

$347/sqft

Avg build year

2019

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Property score

89.5 is composed by the two sections below.

Property Score

94.2Excellent
Living Area2,446 sqft96Excellent
Taon ng Paggawa201797Excellent
Lupa6,938 sqft85Excellent
Neighbourhood Sales Activity89Excellent

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

Istatistika ng benta ng komunidad

Bridgwater Trails

How to read: Share of sales in each ~$50k price band for “bridgwater trails” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

Elite
2,446 sqft
0255075100
Same streetTop 9%Same areaTop 10%CitywideTop 3%
Same street · Bridge Lake Drive
#15 / 158
Top 9% · Avg 1,844 sqft
Same area · Bridgwater Trails
#131 / 1,282
Top 10% · Avg 1,849 sqft
Citywide · Winnipeg
#6,503 / 194,458
Top 3% · Avg 1,342 sqft

Assessed Value

Elite
662k
0255075100
Same streetTop 30%Same areaTop 19%CitywideTop 5%
Same street · Bridge Lake Drive
#47 / 158
Top 30% · Avg 627.7k
Same area · Bridgwater Trails
#245 / 1,282
Top 19% · Avg 596.2k
Citywide · Winnipeg
#9,564 / 194,458
Top 5% · Avg 390.1k

Taon ng Paggawa

Elite
2017
0255075100
Same streetTop 45%Same areaBottom 31%CitywideTop 5%

Lupa

lampas sa average
6,938 sqft
0255075100
Same streetTop 11%Same areaTop 16%CitywideTop 17%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

589 Bridge Lake Drive — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 362 m), 2 parks (nearest 402 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%

Kasaysayan ng Benta

Naibenta 9/2020CA$550k–600k
Presyo ng benta

Parehong kalye

Top 26%

Parehong lugar

Top 25%

Buong lungsod

Top 9%

Related homes

Mga tampok at karaniwang tanong: 589 Bridge Lake Drive, Winnipeg

Property Overview: 589 Bridge Lake Drive, Bridgwater Trails

Key Characteristics & Appeal

This two-storey home, built in 2017, presents a compelling opportunity in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in a combination of modern age, above-average living space, and a generous lot. With 2,446 sqft of living area, the home is larger than over 90% of houses in both its immediate street and neighbourhood, offering substantial room for a growing or established family. The 6,938 sqft lot provides ample outdoor space, a notable feature in newer communities.

The home’s assessed value ranks highly within Winnipeg, placing it in the top tier of properties city-wide. This suggests a solid foundation of value relative to the broader market. While the basement is unfinished, this offers the next owner a blank canvas to customize additional living space without needing to undo previous renovations.

This property would suit buyers looking for a relatively new, low-maintenance home in a master-planned community who value space and potential over turn-key finish. It’s ideal for those who want a modern layout and are comfortable completing the basement to their own taste and timeline. The strong rankings for lot and living area make it stand out for buyers prioritizing room to grow both inside and out.


Frequently Asked Questions

1. How does this home compare to others in Bridgwater Trails?
It ranks very well for living space and lot size within the neighbourhood (top 10-16%), meaning it offers more room than most. It’s newer than about a third of area homes, positioning it as a modern, but not the newest, option in the community.

2. The assessed value is $66,200. What does this mean for the listing price?
The assessed value is for municipal tax purposes and is not the market value or listing price. Its high city-wide ranking (top 4%) indicates the property is considered valuable by the assessor, but the final sale price will be determined by current market conditions and buyer demand.

3. What is the significance of the 2020 sale price?
The home sold for $57,500 in September 2020. This historical data is a reference point, but market values have shifted significantly since then. The current assessed value being higher reflects both market changes and the different valuation methods used.

4. Is an unfinished basement a drawback?
Not necessarily. For many buyers, it’s an advantage. It means you can design the space to perfectly suit your needs—whether a recreation room, home gym, or additional bedrooms—without paying a premium for someone else’s finished layout or needing to renovate an existing finish you may not like.

5. The "rank by year" on the street is only 55%. Does that mean it's dated?
No. This statistic means the home is newer than 55% of houses on Bridge Lake Drive. Given the street and neighbourhood are still developing, it indicates there are a number of newer homes built after 2017. This home remains a modern property, just not the absolute newest on the block.

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