Property score
77.7
Good
Overall 77.7 · Smaller than most nearby homes
1,288 sqft (bottom 5%) · Built in 2018 (1 yr 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
Below average
30% smaller than neighborhood avg.
Year Built
Near average
1 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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77.7 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
604 Bridge Lake Drive — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 320 m), 2 parks (nearest 462 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 38% | Bottom 33% | Top 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 604 Bridge Lake Drive, Bridgwater Trails
Key Characteristics, Appeal & Ideal Buyer
This well-maintained, single-storey home in the popular Bridgwater Trails neighbourhood offers a blend of modern convenience and established comfort. Built in 2018, it sits on a generous 5,557 sqft lot, providing ample outdoor space that ranks above average for its street. A key feature is the renovated basement, adding valuable finished living area to the 1,288 sqft main floor. The home benefits from a detached garage and is situated in a highly walkable, family-oriented community with newer infrastructure.
Its primary appeal lies in its balance. It’s a newer home in a sought-after area, yet it’s not the largest on the block, which can represent a value opportunity for the right buyer. The significant lot size offers potential for gardening, play, or future expansion, a notable asset in a newer suburb. The renovated basement immediately adds functional space without the need for a major project.
This property would best suit first-time buyers or downsizers seeking a modern, low-maintenance home in a prime community without a premium price tag for maximum square footage. It’s also a practical fit for investors or young families who prioritize outdoor space and community amenities over a large interior, and who appreciate a home that’s been updated and is ready to occupy.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,288 sqft, the main living area is more compact than many neighbouring homes, placing it in the top 95% for size within Bridgwater Trails (meaning only 5% of homes are smaller). This is reflected in the home’s value positioning and is ideal for those seeking efficient, easier-to-maintain space.
2. What does the assessed value tell us?
The assessed value of $48,900k is strong for Winnipeg overall (top 19%), but is more moderate within its immediate street and neighbourhood. This can sometimes indicate a price point that balances the desirability of the area with the home’s specific size and features.
3. Is the lot size a significant advantage?
Yes. The lot is over 5,500 sqft, which is larger than 61% of lots on the same street. In a newer community where lots can be narrower, this provides a valuable sense of space, greater privacy, and room for outdoor activities or landscaping.
4. The home sold in late 2021. What context is important?
It sold for $43.50k in December 2021. Market conditions have evolved since then. The current assessed value and listing price will reflect broader market changes, the renovated basement, and the property’s established presence in a now-more-mature neighbourhood.
5. Who might this home not suit?
Buyers requiring extensive main-floor living space or multiple large bedrooms may find the layout limiting. Those seeking a brand-new build or the largest home on the block for entertainment may prefer other options in the area. It’s ideal for those who see the lot size and renovated basement as compensating virtues.
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