643 Bridge Lake Drive

Bridgwater Trails, Winnipeg

Property score

87.8

Excellent

Overall 87.8 · Larger than most nearby homes

2,034 sqft (top 30%) · Built in 2019

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

Above average

10% larger than neighborhood avg.

Year Built

Near average

0 yrs newer 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

87.8 is composed by the two sections below.

Property Score

91.3Excellent
Living Area94
2,034 sqftExcellent
Year Built97
2019Excellent
Lot Size74
5,912 sqftGood
Neighbourhood Sales Activity89
Excellent

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

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.

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.

Rankings

Living Area

above average
2,034 sqft
0255075100
Same streetTop 29%Same areaTop 30%CitywideTop 10%
Same street · Bridge Lake Drive
#46 / 158
Top 29% · Avg 1,844 sqft
Same area · Bridgwater Trails
#386 / 1,282
Top 30% · Avg 1,849 sqft
Citywide · Winnipeg
#19,582 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.08M
0255075100
Same streetTop 7%Same areaTop 5%CitywideTop 1%
Same street · Bridge Lake Drive
#11 / 158
Top 7% · Avg 627.7k
Same area · Bridgwater Trails
#61 / 1,282
Top 5% · Avg 596.2k
Citywide · Winnipeg
#1,583 / 194,458
Top 1% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 25%Same areaTop 35%CitywideTop 4%

Lot Size

above average
5,912 sqft
0255075100
Same streetTop 27%Same areaTop 23%CitywideTop 35%

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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

643 Bridge Lake Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 443 m).

Search radius
🍽️Dining1
💪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%

Sales History

Sold 8/2020CA$1.1M–1.15M
Sold price

Same street

Top 2%

Same area

Top 3%

City-wide

Top 1%

Related homes

Highlights & common questions: 643 Bridge Lake Drive, Winnipeg

Property Summary: 643 Bridge Lake Drive

Section 1: Key Characteristics & Appeal

This modern, one-storey home in Bridgwater Trails offers a compelling blend of space, recent construction, and strong value metrics. Built in 2019, it sits on a large lot (nearly 6,000 sq ft) and features over 2,000 sq ft of living space, a renovated basement, and an attached garage. Its appeal lies in its position as a newer, well-sized property within a desirable master-planned community, offering a low-maintenance, single-level layout.

The home’s standout characteristic is its exceptional assessed value, which ranks in the top 1% of Winnipeg and top 5% of the neighbourhood. This suggests a very favourable official valuation relative to its size and location. While not the newest on the street, it is newer than approximately 96% of Winnipeg homes, offering modern construction without the premium of a brand-new build.

This property would suit buyers seeking a move-in ready, spacious bungalow in a family-oriented community. It’s ideal for those who prioritize single-level living, such as empty-nesters, young families, or anyone wanting to avoid stairs. It also appeals to value-conscious buyers who appreciate the combination of a high assessment, a large lot, and a modern home that has already undergone basement renovations.

Section 2: Frequently Asked Questions

1. What does the assessed value ranking actually mean?
The home’s assessed value of $107.5k is higher than 99% of properties in Winnipeg. This is an administrative value for tax purposes and is typically lower than market value, but such a high percentile ranking strongly indicates a solid and desirable property foundation from a municipal assessment perspective.

2. How does the 2019 build year compare to the neighbourhood?
The home is newer than 65% of properties in Bridgwater Trails. This means you benefit from modern building standards and efficiencies without being in the very latest phase of construction, which can sometimes mean a trade-off between established landscaping and absolute novelty.

3. Is the lot size typical for the area?
At 5,912 sq ft, the lot is larger than 73% of lots on Bridge Lake Drive itself. In the broader context of Winnipeg, it’s a very generous parcel, offering ample outdoor space for a newer community where lots can sometimes be narrower.

4. The home sold in 2020 for $114.3k. Is that relevant today?
That sale price from 2020, which also ranked in the top 1% of the city at the time, is a historical data point. It primarily shows the home has a history of commanding a strong price. Current market value will be determined by present-day conditions, but this past transaction underscores the property’s consistent appeal.

5. Who might this layout suit best?
The one-storey (bungalow) design is ideal for accessibility and easy living. It suits families with young children where parents want everything on one level, individuals planning for long-term aging in place, or anyone who simply prefers the convenience of no interior stairs. The renovated basement adds valuable additional space for recreation, guests, or storage.