Property score
85.2
Excellent
Overall 85.2 · Older than most nearby homes
1,918 sqft (top 37%) · Built in 2016 (3 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
4% larger 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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85.2 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 | Top 43% | Top 44% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 700 Bridge Lake Drive, Bridgwater Trails
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2016, offers a modern, low-maintenance lifestyle in the popular Bridgwater Trails neighbourhood. Its key appeal lies in its balance of being a relatively newer build with a recently renovated basement, providing move-in-ready space. With 1,918 sqft of living area on a 4,000 sqft lot, it sits comfortably above average in size for its immediate street and the broader Winnipeg market.
The home’s strength is its solid positioning within a newer community. It ranks notably high city-wide for its newer age and above-average living space, suggesting a well-built, contemporary home that requires less immediate upkeep. The detached garage adds convenience. This property would suit first-time buyers or young families looking for a modern home in a developed suburban area without the uncertainties of an older build. It also appeals to value-conscious buyers who appreciate a finished basement and prefer a home that’s past its initial settling-in period but still feels new.
A less obvious perspective is its potential for stability. While not the newest or largest on its street, its rankings suggest it’s a firmly "middle-of-the-pack" property in its immediate area, which can sometimes mean less volatility in value compared to outliers. The renovated basement adds flexible living space that is already completed, avoiding a common post-purchase project.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to recent sales?
The home last sold in June 2021 for $50.5k. Its current assessed value is $52.8k. It’s advisable to review recent comparable sales with a real estate agent for the most current market valuation.
2. What do the ranking percentages mean?
The rankings (e.g., "Top 35%") show how the home compares to others in a specific category, like living area. For example, ranking in the "Top 12%" in Winnipeg for living area means 88% of Winnipeg homes are smaller. A higher "Top %" is generally better.
3. Is the lot size typical for the area?
At 4,000 sqft, the lot is larger than 46% of properties on the same street, placing it slightly above the mid-point. It’s a standard suburban lot for the community, not overly large or small.
4. What are the implications of the home being built in 2016?
As a 10-year-old home, major structural components and systems are likely still in good condition, but it may be approaching the age where some original appliances or components could need servicing or replacement, which is typical.
5. How established is the neighbourhood?
Bridgwater Trails is a developed community. The proximity of many similar nearby addresses on Bridge Lake Drive indicates a mature streetscape, suggesting established landscaping and a settled feel rather than a brand-new construction zone.
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