Property score
79.9
Good
Overall 79.9 · Older than most nearby homes
1,580 sqft (bottom 31%) · 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
15% 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)
1,068
563.8k
$347/sqft
2019
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79.9 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
656 Bridge Lake Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 455 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 | Top 46% | Top 47% | Top 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 13% | Bottom 10% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 656 Bridge Lake Drive, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home, built in 2016, offers a modern foundation in the popular Bridgwater Trails community. Its key characteristics include a 1,580 sqft living area and a full, unrenovated basement on a near 4,000 sqft lot, providing space for future customization. The home lacks a garage, which is a notable consideration.
The primary appeal lies in its relative newness and its position within a newer Winnipeg suburb. The data suggests a solid value proposition: while its assessed value ranks lower on its specific street, it places in the top 25% city-wide for year built and top 24% for living area, indicating a well-sized, contemporary home compared to the broader Winnipeg market. It suits first-time buyers or young families seeking a move-in-ready, modern home in a developed neighbourhood, who are comfortable with street parking or adding a garage later. A thoughtful perspective is that the unrenovated basement and lack of garage, while drawbacks for some, represent a clear "blank slate" for buyers who want to add equity through projects tailored to their own tastes, without paying a premium for someone else’s finished work.
Frequently Asked Questions
1. How does the lack of a garage impact daily life and value?
This is the most significant trade-off. It means relying on driveway and street parking, which requires consideration for winters and household vehicles. For value, it positions the home at a different price point than comparable properties with garages, which can be an opportunity for the right buyer.
2. The assessed value seems low for the area. Why is that?
The assessed value is for municipal tax purposes and is influenced by many factors, including recent sales and specific home features. The home’s last sale price was notably higher. The assessment ranking suggests the home’s official valuation is modest relative to its immediate neighbours, but this doesn't necessarily reflect current market value or the home's condition.
3. What does the "unrenovated basement" entail?
It means the basement is unfinished. It has been built to code with foundation, floor, walls, and ceiling, but lacks the finished walls, flooring, and ceilings of a living space. It’s usable for storage and utilities and offers potential for future living space, a rental suite, or recreation room.
4. The home ranks low on its street for assessed value. Is that a concern?
It indicates the home is likely valued lower than many direct neighbours, which could be due to the lack of garage, specific lot placement, or differing upgrades. It’s not inherently a concern, but it’s a point to investigate during a viewing to understand the street’s dynamics and whether it represents a value opportunity.
5. The home sold in 2021 for significantly more than its 2016 price. What does that history show?
It shows strong appreciation in its first five years, which is consistent with a new home in a growing area. The 2021 sale price provides a more recent benchmark than the 2016 builder sale, giving a clearer picture of its value in a active market.
