Property score
81.3
Excellent
Overall 81.3 · Compared with neighbourhood average
1,605 sqft (bottom 34%) · Built in 2017 (2 yrs older than avg)
Located in a high-income area with median household income of ~103k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, and 1 sports facility nearby
Living Area
Below average
13% smaller 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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81.3 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
640 Bridge Lake Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 412 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 22% | Bottom 13% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 640 Bridge Lake Drive, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, two-storey home built in 2017, offering a low-maintenance start in the popular Bridgwater Trails community. Its key appeal lies in its balance of contemporary build age and established neighbourhood living. The home features 1,605 sqft of living space on a nearly 4,000 sqft lot, with a detached garage and an unfinished basement—a blank canvas for future expansion.
The property’s strength is its relative newness within the broader Winnipeg context, ranking newer than 94% of homes citywide. It suits first-time buyers or young families looking for a move-in-ready home without the concerns of aging infrastructure, and it appeals to practical buyers who value the potential to customize the basement to their own taste and budget over time. While its size and value rank in the middle ranges within its immediate street and neighbourhood, this positions it as a comfortable and affordable entry point into a sought-after, master-planned area known for its pathways, parks, and amenities.
Frequently Asked Questions
1. What is the significance of the "ranking" statistics provided?
The rankings compare this property against others on the same street, in Bridgwater Trails, and across all of Winnipeg for metrics like lot size, year built, and assessed value. They show this home is newer than most in the city, while its size and value are generally average for its specific community.
2. The basement is listed as "not renovated." What does that mean?
It indicates the basement is unfinished. It has been left as a blank space, typically with concrete floors and bare walls, awaiting drywall, flooring, and design. This is a common feature in newer builds and represents both a project and an opportunity for future equity.
3. How does the 2017 sale price compare to the current assessed value?
The home sold for $365,000 in April 2017, shortly after being built. The current assessed value is $470,000. This increase reflects market appreciation over the past seven years and the transition from a brand-new build to an established home.
4. Who might this property not be ideal for?
It may not suit buyers seeking a fully turn-key property with a developed lower level for immediate use, or those looking for a standout lot size or home square footage within Bridgwater Trails itself, as it ranks in the middle tiers locally.
5. What is the context of the "For reference" property at 22 Del Monica Road?
This appears to be a benchmark home in the same neighbourhood, built a year earlier (2016) with an almost identical living area (1,603 sqft) but a significantly higher assessed value ($516,000). It provides a direct comparison, suggesting that finishes, lot specifics, or exact location can create notable value differences between very similar homes.
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