Property score
80.0
Excellent
Overall 80.0 · Smaller but newer than most nearby homes
1,428 sqft (bottom 12%) · Built in 2021 (2 yrs newer 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, and 1 sports facility nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Above average
2 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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80.0 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
624 Bridge Lake Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 368 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 39% | Top 41% | Top 15% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 34% | Bottom 27% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 624 Bridge Lake Drive, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home, built in 2021, is a modern property in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in its newness, ranking newer than 98% of homes in Winnipeg, meaning it offers contemporary construction standards, minimal initial maintenance, and modern layout expectations. The lot is a generous 4,601 sqft, providing ample outdoor space in a community known for its planned green spaces and pathways.
The home’s living area of 1,428 sqft is compact relative to some neighbours, suggesting an efficient floor plan suited to individuals, couples, or small families. It does not have a garage or a pool. The basement exists but is unrenovated, presenting a clear opportunity for future expansion or customization to suit a buyer's needs, rather than paying a premium for a finished space they may not want.
This property would suit a first-time buyer or downsizer seeking a low-maintenance, newer home in a vibrant suburban community without the premium price of a fully upgraded or maximized model. It’s also a sensible canvas for a buyer who views an unfinished basement as a pro—a chance to add value and personalize the space over time, exactly to their taste and budget. The strong lot size is a lasting asset in a newer area where yards can be smaller.
Frequently Asked Questions
1. Is this a good value for the area?
The assessed value is consistent with similar-valued homes across Winnipeg. In Bridgwater Trails, it sits at a moderate point—not the most expensive nor the least—offering a balance between the premium for a new community and a manageable entry price.
2. What are the implications of not having a garage?
This means lower maintenance and costs, but requires consideration for vehicle parking, storage, and winter weather. The large lot does offer potential for future addition, subject to community bylaws and permits.
3. The living area ranks lower than many neighbours. Does that matter?
It indicates this is likely a more baseline or compact model for the street. For the right buyer, this translates to less space to heat, clean, and furnish, aligning with a simpler, efficient lifestyle. It’s a trade-off for the newer build and larger lot.
4. How does the sale history inform the price?
The home sold new in 2021 and again in 2022. The increase in sale price over that year was significant, reflecting a hot market at the time. The current assessed value is below the 2022 sale price, which may be a starting point for market discussions.
5. What does the "unfinished basement" actually offer?
It provides essential mechanical systems and a blank slate. For a handy buyer or someone planning a tailored rec room, home gym, or suite, it’s an opportunity. For those wanting immediate move-in readiness, it represents a project and cost to budget for.
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