Property score
79.9
Good
Overall 79.9 · Compared with neighbourhood average
1,580 sqft (bottom 31%) · Built in 2017 (2 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
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Below average
2 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
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 | Bottom 23% | Bottom 14% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 688 Bridge Lake Drive, Bridgwater Trails
Section 1: Overview & Appeal
This is a modern, two-storey home built in 2017, offering a low-maintenance lifestyle in the popular Bridgwater Trails community. Its key characteristics include a renovated basement, a detached garage, and a generous 3,997 sqft lot. At 1,580 sqft of living space, it provides comfortable room for a small family or couple.
The primary appeal lies in its balance of being a relatively new build—which means modern efficiencies and less immediate repair concern—within an established, amenity-rich neighbourhood. The renovated basement adds immediate functional space without the need for a project. While its specific street and neighbourhood rankings for size and value are average, the home ranks exceptionally well for its age compared to the entire city (top 6% in Winnipeg), highlighting its contemporary status in a broader market of older housing stock.
This property would suit first-time buyers or young families looking for a move-in-ready home in a newer community. It’s also a practical fit for those who value a modern foundation but see potential in personalizing the interior or landscaping over time, given the above-average lot size.
Section 2: Frequently Asked Questions
1. How does the home’s assessed value compare to the local area?
The home’s assessed value is stronger than 83% of properties across Winnipeg, placing it in the top 17% city-wide. Within its immediate neighbourhood and street, however, it sits closer to the middle of the pack, suggesting it is a solid, representative property for Bridgwater Trails.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality of the renovation and how the space is currently configured (e.g., recreational room, additional bedroom, etc.).
3. Is the lot size typical for the area?
At just under 4,000 sqft, the lot is larger than 45% of properties on the same street. This indicates it is a reasonably sized, though not exceptional, lot for Bridgwater Trails, potentially offering more backyard space than some neighbouring homes.
4. The home sold new in 2017. What does its history suggest?
The original sale price in 2017 was $36.6k. The significant increase to its current assessed value of $50.6k reflects market appreciation over nine years and the added value of the basement renovation. There is no indication of frequent turnover, suggesting a history of stable ownership.
5. How does the living space compare to nearby homes?
With 1,580 sqft, this home provides more living area than 76% of properties in Winnipeg. On its specific street and in the neighbourhood, it ranks in the top 30-31%, meaning it is comfortably above average in size for its immediate surroundings, offering good space efficiency.
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