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.
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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89.5 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
589 Bridge Lake Drive — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 362 m), 2 parks (nearest 402 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 | Top 26% | Top 25% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
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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