Property score
89.2
Excellent
Overall 89.2 · Larger than most nearby homes
2,738 sqft (top 4%) · 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
Living Area
Above average
48% 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)
1,068
563.8k
$347/sqft
2019
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Property score
89.2 is composed by the two sections below.
Property Score
Community Score
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.
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.
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
EliteYear Built
EliteLot Size
above averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 1% | Top 2% | Top 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 4% | Top 3% | Top 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 10% | Top 6% | Top 1% |
687 Bridge Lake Drive · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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How to Get More Accurate Data
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 687 Bridge Lake Drive, Winnipeg
Property Overview
This two-storey home on Bridge Lake Drive in Bridgwater Trails presents a compelling blend of modern living and established value. Built in 2019, it sits on a generous lot and has seen significant equity growth, evidenced by its sale history. The home's appeal lies in its above-average living space, a renovated basement, and its position within a newer, sought-after community. It particularly suits growing families or professionals seeking a move-in ready home in a modern neighbourhood, with the added benefit of recent updates and a track record of strong value appreciation. A less obvious point of appeal is its relative maturity within a new area—the landscaping and neighbourhood feel are more settled than a brand-new build, without sacrificing modern amenities.
Key Details & Suitability
- Key Characteristics: A 7-year-old two-storey with 2,738 sqft of living space, an attached garage, and a renovated basement. The 5,792 sqft lot is larger than most on the street.
- Primary Appeal: The home ranks in the top tier of the neighbourhood and city for both size and recent sold price, indicating a premium property within its market. The renovated basement adds immediate functional space.
- Ideal Buyer: This home is an excellent fit for buyers who want a modern build without the "first owner" responsibilities, appreciate space for a family, and value a property with a clear history of increasing market value. It's for those looking at long-term investment in a stable, newer community.
Frequently Asked Questions
1. How does this property compare to others in Bridgwater Trails?
The data shows this home consistently ranks in the top 5-10% of its immediate street and the top 5% of the wider Bridgwater Trails neighbourhood for key metrics like living area and recent sold price, marking it as a standout, above-average property in the area.
2. What does the sale history indicate about the property's value?
The home has sold three times since 2020, with each sale price significantly higher than the last (from $86.7k to $1.18M). This demonstrates strong and steady appreciation, a positive sign for future value retention.
3. Is the basement development original or a later renovation?
The listing specifies the basement is "renovated," indicating it was finished or updated after the home's original construction in 2019. Buyers may wish to inquire about the scope, permits, and timing of this work.
4. The assessed value is much lower than the last sale price. Why?
This is typical. Municipal assessed values in Manitoba are for tax purposes and often lag behind current market values, which are determined by recent sales between buyers and sellers, like the June 2024 sale at $1.18M.
5. What are the immediate neighbours like?
The nearby properties listed are all on the same street (Bridge Lake Drive), suggesting a consistent streetscape of similar-aged homes, which can contribute to neighbourhood cohesion and stable property values.
Map & Street View
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