661 Bridge Lake Drive

Bridgwater Trails, Winnipeg

Property score

86.0

Excellent

Overall 86.0 · Compared with neighbourhood average

1,880 sqft (top 40%) · Built in 2019

Located in a high-income area with median household income of ~103k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot nearby

Living Area

Near average

2% 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

86.0 is composed by the two sections below.

Property Score

88.3Excellent
Living Area1,880 sqft89Excellent
Year Built201997Excellent
Lot Size5,909 sqft74Good
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
1,880 sqft
0255075100
Same streetTop 36%Same areaTop 40%CitywideTop 14%
Same street · Bridge Lake Drive
#57 / 158
Top 36% · Avg 1,844 sqft
Same area · Bridgwater Trails
#511 / 1,282
Top 40% · Avg 1,849 sqft
Citywide · Winnipeg
#27,501 / 194,458
Top 14% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.03M
0255075100
Same streetTop 10%Same areaTop 5%CitywideTop 1%
Same street · Bridge Lake Drive
#16 / 158
Top 10% · Avg 627.7k
Same area · Bridgwater Trails
#66 / 1,282
Top 5% · Avg 596.2k
Citywide · Winnipeg
#1,811 / 194,458
Top 1% · Avg 390.1k

Year Built

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

Lot Size

above average
5,909 sqft
0255075100
Same streetTop 28%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

661 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 dining (nearest 474 m).

Search radius
🍽️Dining1

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 5/2021CA$1M–1.05M
Sold price

Same street

Top 6%

Same area

Top 4%

City-wide

Top 1%

Related homes

Highlights & common questions: 661 Bridge Lake Drive, Winnipeg

Property Overview

This 2019-built, single-storey home in Bridgwater Trails offers modern living with a renovated basement on a spacious lot. Its core appeal lies in a combination of newer construction, significant value, and a prime position within a sought-after neighbourhood. The home ranks highly against local comparables, particularly for its lot size, assessed value, and recent build year, suggesting a well-maintained property in a stable area. It would suit first-time buyers seeking a modern, low-maintenance home, or growing families looking for the space and community amenities of Bridgwater Trails. A thoughtful perspective is that while newer homes often command a premium, this property’s assessed value ranking in the top 1% city-wide indicates it may offer exceptional value relative to the market, potentially appealing to value-conscious buyers who don’t want to compromise on location or condition.


Frequently Asked Questions

1. What does the high assessed value ranking actually mean?
The assessed value places in the top 1% of all Winnipeg homes, and top 5% within the neighbourhood. This typically indicates the property is valued significantly higher than average, which can reflect desirable features, location, and condition, and often correlates with strong market value.

2. How does the renovated basement add value?
A finished basement increases the usable living area, offering flexibility for a family room, home office, or guest space. In a single-storey home, this extra square footage is particularly valuable for expanding the functional space without altering the home’s footprint.

3. Is a 2019-built home still considered "new"?
While not brand new, a 7-year-old home is still considered modern. Major components like roofing, siding, HVAC, and appliances are likely still under or just beyond their original warranties, offering a balance between newer construction and established landscaping and neighbourhood maturity.

4. What are the benefits of a larger lot in this community?
With a lot size ranking better than 72% on its street, this property offers more outdoor space than many of its immediate neighbours. This allows for larger gardens, enhanced privacy, and more room for decks, play sets, or future additions like a shed.

5. The home sold in 2021. What does that recent history suggest?
A sale just three years prior, at a price very close to the current assessed value, suggests a stable and transparent value history. It indicates the area has consistent demand and helps establish a clear benchmark for the property’s market price.

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