648 Bridge Lake Drive

Bridgwater Trails, Winnipeg

Property score

81.3

Excellent

Overall 81.3 · Compared with neighbourhood average

1,615 sqft (bottom 36%) · Built in 2018 (1 yr 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

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)

Sold Count

1,068

Median price

563.8k

$/sqft

$347/sqft

Avg build year

2019

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Property score

81.3 is composed by the two sections below.

Property Score

80.5Excellent
Living Area1,615 sqft83Excellent
Year Built201897Excellent
Lot Size3,997 sqft46Low
Neighbourhood Sales Activity89Excellent

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

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
1,615 sqft
0255075100
Same streetBottom 38%Same areaBottom 36%CitywideTop 25%
Same street · Bridge Lake Drive
#98 / 158
Bottom 38% · Avg 1,844 sqft
Same area · Bridgwater Trails
#821 / 1,282
Bottom 36% · Avg 1,849 sqft
Citywide · Winnipeg
#47,907 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
479k
0255075100
Same streetBottom 34%Same areaBottom 27%CitywideTop 23%
Same street · Bridge Lake Drive
#104 / 158
Bottom 34% · Avg 627.7k
Same area · Bridgwater Trails
#941 / 1,282
Bottom 27% · Avg 596.2k
Citywide · Winnipeg
#45,325 / 194,458
Top 23% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 38%Same areaBottom 47%CitywideTop 4%

Lot Size

around average
3,997 sqft
0255075100
Same streetBottom 45%Same areaBottom 29%CitywideBottom 25%

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

648 Bridge Lake Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 433 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 2/2018CA$350k–400k
Sold price

Same street

Bottom 21%

Same area

Bottom 13%

City-wide

Top 43%

Related homes

Highlights & common questions: 648 Bridge Lake Drive, Winnipeg

Property Overview

This two-storey home in Bridgwater Trails offers a modern, low-maintenance lifestyle in a sought-after Winnipeg community. Built in 2018, it presents a relatively new construction with an unrenovated basement, providing a blank canvas for future expansion. Its key appeal lies in its balance of contemporary living and potential. The lot size is generous for the area, and the home’s assessed value ranks highly city-wide, suggesting a solid foundation for investment. It would suit first-time buyers looking for a modern home without the premium of a brand-new build, or practical buyers who value a newer property’s efficiency and warranty benefits but are comfortable personalizing a space over time.

A less obvious perspective is its positioning within the immediate area. While the home ranks well for its newer age compared to the whole city, its lot and living area are more typical within its own street and neighbourhood. This indicates you’re buying into a consistent, developed community rather than an outlier property, which can be appealing for those seeking neighbourhood uniformity and stable values.

Frequently Asked Questions

1. What does the "unrenovated basement" mean?
The basement is finished but in its original state from 2018. It’s move-in ready as extra living space but hasn’t been updated, allowing the next owner to customize it to their taste without needing to undertake a full, costly development.

2. How does the detached garage impact winter use?
A detached garage is common in the area. It provides good storage and protects your vehicle, but requires a brief walk to the house. For some, this is a minor trade-off for a larger yard layout; for others, it’s a key consideration for our climate.

3. The home sold for less in 2018 than its current assessed value. Is that a concern?
Not necessarily. The 2018 sale was likely the original purchase from the builder. The current assessed value reflects market growth and the established community nearly six years later. It’s a normal pattern for a new development.

4. The rankings show mixed results for the street and neighbourhood. How should I interpret this?
The rankings are comparative. They show this property is newer than many in Winnipeg, but fairly typical for its own well-established Bridgwater Trails neighbourhood. This suggests you’re getting a modern home in a mature pocket of the community, which can offer more predictable landscaping and settled surroundings.

5. Who is this home likely not suited for?
It may not suit buyers looking for a fully updated, turn-key property where every space has been recently renovated. Additionally, those requiring a massive or elite-sized lot, or an attached garage for direct home access, might find better options elsewhere.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.