696 Bridge Lake Drive

Bridgwater Trails, Winnipeg

Property score

84.5

Excellent

Overall 84.5 · Compared with neighbourhood average

1,943 sqft (top 35%) · Built in 2017 (2 yrs older than avg)

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

Transit 80.0 · 2-min walk to transit with 3 nearby routes

Living Area

Near average

5% larger 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)

Sold Count

1,068

Median price

563.8k

$/sqft

$347/sqft

Avg build year

2019

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Property score

84.5 is composed by the two sections below.

Property Score

85.9Excellent
Living Area1,943 sqft92Excellent
Year Built201797Excellent
Lot Size3,778 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
1,943 sqft
0255075100
Same streetTop 34%Same areaTop 35%CitywideTop 12%
Same street · Bridge Lake Drive
#53 / 158
Top 34% · Avg 1,844 sqft
Same area · Bridgwater Trails
#449 / 1,282
Top 35% · Avg 1,849 sqft
Citywide · Winnipeg
#23,889 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
490k
0255075100
Same streetBottom 39%Same areaBottom 33%CitywideTop 21%
Same street · Bridge Lake Drive
#96 / 158
Bottom 39% · Avg 627.7k
Same area · Bridgwater Trails
#860 / 1,282
Bottom 33% · Avg 596.2k
Citywide · Winnipeg
#41,640 / 194,458
Top 21% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetTop 45%Same areaBottom 31%CitywideTop 5%

Lot Size

below average
3,778 sqft
0255075100
Same streetBottom 29%Same areaBottom 21%CitywideBottom 23%

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

Search radius
No data within 500 m.

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 11/2017CA$350k–400k
Sold price

Same street

Bottom 20%

Same area

Bottom 13%

City-wide

Top 43%

Related homes

Highlights & common questions: 696 Bridge Lake Drive, Winnipeg

Property Overview: 696 Bridge Lake Drive, Bridgwater Trails

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2017, offers a modern, low-maintenance foundation in the popular Bridgwater Trails neighbourhood. Its key appeal lies in a balance of relative newness and established community living. With 1,943 sqft of living space on a 3,778 sqft lot, it provides comfortable family-sized rooms without the burden of an overly large yard.

The home’s strength is its above-average positioning within the broader Winnipeg context. It ranks in the top 11% of the city for living area and the top 6% for its newer year of build, meaning it’s notably more modern and spacious than most Winnipeg homes. This is a compelling point for buyers seeking a contemporary layout without venturing into brand-new construction. The existing basement offers potential for future customization.

It suits first-time move-up buyers or young families who prioritize a modern, turn-key home in a planned community. It’s also a practical fit for those who appreciate that the neighbourhood’s amenities and landscaping are already mature, yet the property itself is still young enough to avoid major immediate repairs. The lack of a garage may appeal to buyers seeking a simpler footprint or those planning to add a detached structure to their taste.

Section 2: Frequently Asked Questions

1. What do the ranking percentages actually mean?
They show how this property compares to others in a specific area. For example, being "better than 89% in Winnipeg" for living area means it is larger than 89% of homes in the city, a significant advantage. Conversely, a lower rank on the street level indicates a more mixed standing within its immediate block.

2. Is the lack of a garage a major drawback?
It depends on your needs. For some, it’s a trade-off for less maintenance and a lower price point. For others, it’s essential. Consider the cost and feasibility of adding a detached garage later, factoring in community bylaws.

3. The assessed value is $490k, but what will it sell for?
The assessed value is for municipal tax purposes and is not a direct indicator of market value. The sale price will be determined by current market conditions, the home’s specific condition, and buyer demand. The 2017 sale price of $364k primarily shows historical context and the area's appreciation.

4. The basement is noted as "not renovated." What does that imply?
It means the basement is unfinished or in a basic, builder-grade state. This is common for a 2017 home and represents both a cost-saving opportunity (no need to undo someone else’s renovations) and future potential for you to finish it to your own specifications and budget.

5. How does its standing in the neighbourhood versus the city affect resale?
Its stronger city-wide rankings (for newness and size) suggest broad, lasting appeal to the Winnipeg market. Its more average standing within Bridgwater Trails itself indicates it is a typical, competitive home for the area, which can be an advantage by appealing to the many buyers specifically targeting this popular community.

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