651 Bridge Lake Drive

Bridgwater Trails, Winnipeg

Property score

88.5

Excellent

Overall 88.5 · Larger than most nearby homes

2,496 sqft (top 9%) · 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

35% 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

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Property score

88.5 is composed by the two sections below.

Property Score

92.5Excellent
Living Area96
2,496 sqftExcellent
Year Built97
2019Excellent
Lot Size74
5,673 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

Elite
2,496 sqft
0255075100
Same streetTop 8%Same areaTop 9%CitywideTop 3%
Same street · Bridge Lake Drive
#13 / 158
Top 8% · Avg 1,844 sqft
Same area · Bridgwater Trails
#114 / 1,282
Top 9% · Avg 1,849 sqft
Citywide · Winnipeg
#5,696 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
990k
0255075100
Same streetTop 13%Same areaTop 5%CitywideTop 1%
Same street · Bridge Lake Drive
#21 / 158
Top 13% · Avg 627.7k
Same area · Bridgwater Trails
#69 / 1,282
Top 5% · Avg 596.2k
Citywide · Winnipeg
#2,086 / 194,458
Top 1% · Avg 390.1k

Year Built

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

Lot Size

above average
5,673 sqft
0255075100
Same streetTop 35%Same areaTop 27%CitywideTop 39%

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

651 Bridge Lake Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 458 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 8/2023CA$0.95M–1M
Sold price

Same street

Top 6%

Same area

Top 4%

City-wide

Top 1%
Sold 7/2020CA$800k–850k
Sold price

Same street

Top 13%

Same area

Top 7%

City-wide

Top 2%

Related homes

Highlights & common questions: 651 Bridge Lake Drive, Winnipeg

Property Summary: 651 Bridge Lake Drive, Bridgwater Trails

Section 1: Overview & Appeal

This two-storey home in Bridgwater Trails presents a compelling opportunity for buyers seeking a modern, well-appointed property in a desirable Winnipeg community. Built in 2019, it offers the benefits of a newer build with updated systems and contemporary finishes, including a renovated basement. Key characteristics include a generous 2,496 sqft of living space, an attached garage, and a sizable 5,673 sqft lot.

The home’s primary appeal lies in its standout position within the market. It ranks in the top tier for size, value, and newness not just on its street, but across the entire city. With an assessed value of $990k, it sits in the top 1% of all Winnipeg properties, indicating a premium offering. Its rapid and significant appreciation from its 2020 sale price further underscores its desirability and investment strength.

This property would ideally suit growing families or professionals looking for move-in-ready, spacious living in a master-planned neighbourhood like Bridgwater Trails. It’s also a strong fit for value-conscious buyers who prioritize statistical performance—the home consistently ranks in the top 10-15% for key metrics in its immediate area, suggesting a sound purchase in a competitive locale. A thoughtful perspective is that this home offers a "best-in-class" position within its specific community, which can provide a sense of stability and retained value even in shifting markets.

Section 2: Frequently Asked Questions

1. How does the renovated basement add value?
Beyond adding functional living space, a finished basement in a newer home like this maximizes the utility of the entire property from day one, avoiding a common future project and expense for a buyer.

2. The home sold for $990k in 2023. What does that mean for the current price?
While the 2023 sale and current assessed value are aligned at $990k, it indicates the market has firmly established this value point. Buyers should focus on how this value compares to similar properties (comps) and the home’s premium rankings within its area.

3. What do the ranking percentages (e.g., "Top 1% in Winnipeg") actually tell me?
These metrics show how this property compares to hundreds of thousands of others in the city for specific traits like size, value, and age. Being in the top few percent consistently means you are considering a property that is exceptional on paper relative to the broader market.

4. Is the lot size typical for Bridgwater Trails?
At over 5,600 sqft, the lot is larger than 65% of those on the same street. In a newer neighbourhood where lots can be narrower, this above-average land area is a significant advantage for outdoor space and privacy.

5. The home was built in 2019. Are there any potential concerns with a house of this age?
A 7-year-old home is past the initial "shrink-settle" phase of a brand-new build, so any minor construction issues have likely surfaced and could be documented. It remains modern but may be due for its first maintenance cycle on components like the HVAC or water heater, which is an important consideration in your inspection.