652 Bridge Lake Drive

Bridgwater Trails, Winnipeg

Property score

79.9

Good

Overall 79.9 · Older than most nearby homes

1,598 sqft (bottom 32%) · Built in 2016 (3 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

14% smaller than neighborhood avg.

Year Built

Below average

3 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

79.9 is composed by the two sections below.

Property Score

78.1Good
Living Area1,598 sqft79Good
Year Built201697Excellent
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
1,598 sqft
0255075100
Same streetBottom 32%Same areaBottom 32%CitywideTop 26%
Same street · Bridge Lake Drive
#107 / 158
Bottom 32% · Avg 1,844 sqft
Same area · Bridgwater Trails
#872 / 1,282
Bottom 32% · Avg 1,849 sqft
Citywide · Winnipeg
#49,601 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
507k
0255075100
Same streetBottom 46%Same areaBottom 41%CitywideTop 19%
Same street · Bridge Lake Drive
#85 / 158
Bottom 46% · Avg 627.7k
Same area · Bridgwater Trails
#754 / 1,282
Bottom 41% · Avg 596.2k
Citywide · Winnipeg
#36,270 / 194,458
Top 19% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetBottom 39%Same areaBottom 16%CitywideTop 6%

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

652 Bridge Lake Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 444 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 4/2019CA$350k–400k
Sold price

Same street

Bottom 30%

Same area

Bottom 22%

City-wide

Top 35%
Sold 7/2016CA$300k–350k
Sold price

Same street

Bottom 4%

Same area

Bottom 4%

City-wide

Top 49%

Related homes

Highlights & common questions: 652 Bridge Lake Drive, Winnipeg

Property Overview: 652 Bridge Lake Drive, Bridgwater Trails

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2016, offers modern living in the popular Bridgwater Trails neighbourhood. Its key features include a renovated basement, a detached garage, and a living area of approximately 1,600 square feet on a near 4,000 sqft lot.

The primary appeal lies in its balance of being a relatively newer build with established community amenities, paired with the value-add of a finished basement. The property ranks notably well city-wide for its newer age (top 7% in Winnipeg) and above-average living space (top 23%), suggesting a solid, modern foundation. Its assessed value has risen consistently since 2016, indicating steady market recognition.

This home would suit first-time buyers or young families seeking a move-in ready, low-maintenance property in a master-planned community. It also appeals to the practical buyer who values a renovated basement for extra living space or rental potential, and who appreciates a home that is newer than most in the broader city but may offer more value than a brand-new build.

Section 2: Frequently Asked Questions

1. What is the significance of the property rankings provided?
The rankings compare this home against others on its street, in Bridgwater Trails, and across all of Winnipeg. They show that while the home is newer and larger than most in the city, it sits in a middle range within its own desirable neighbourhood, which can represent a value opportunity.

2. Has the home’s value increased?
Yes. The assessed value has grown from $343k in 2016 to just over $507k. The last sale was in 2019 for $393k, indicating a significant jump in assessed value since then, which generally reflects market trends and improvements like the basement renovation.

3. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, layout, or permits should be verified by a buyer’s inspection and disclosure review to understand its full scope and condition.

4. Who might the detached garage suit?
A detached garage offers flexibility—useful for hobbyists, those wanting clear separation from vehicle fumes or workshop noise, or for potential future laneway suite development, subject to city bylaws. It does mean a walk to the house in winter weather.

5. The last sale was in 2019. Is that a concern?
Not inherently. A five-year ownership period suggests stability, not rapid turnover. It aligns with typical family timelines and may indicate well-considered updates, like the basement renovation, were done for long-term enjoyment rather than a quick flip.

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