Property score
89.0
Excellent
Overall 89.0 · Larger and newer than most nearby homes
2,572 sqft (top 7%) · Built in 2024 (5 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 88.0 · 1-min walk to transit with 3 nearby routes
Living Area
Above average
39% larger than neighborhood avg.
Year Built
Above average
5 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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89.0 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 4% | Top 3% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 707 Bridge Lake Drive
Key Characteristics & Ideal Buyer
This two-storey home in Bridgwater Trails is a modern, low-maintenance property built in 2024. Its key appeal lies in its new construction status, offering contemporary finishes and systems without the need for immediate updates. The home features a renovated basement and an attached garage on a standard 5,360 sqft lot.
The data reveals a strong, above-average position in its market. It ranks in the top tier for its newness, living space, and recent sold price compared to both the immediate street and wider Winnipeg. Notably, it sold for significantly more than its assessed value in August 2024, suggesting a premium market perception. The appeal is for buyers seeking a move-in-ready, modern home in a planned community who value space and newer infrastructure. It would suit young professionals, growing families, or downsizers looking for a modern layout without the concerns of an older property. A thoughtful perspective is that while the lot size is average for the area, the home’s interior space efficiency and newness compensate, making it a "set-and-forget" purchase for the next decade.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its permitted use with the listing agent and local municipality.
2. Why did the home sell for over $14,000 above its assessed value?
This is common for newer, desirable properties in high-demand neighbourhoods. The assessed value is for taxation purposes, while the sale price reflects current market demand, the home's condition, and its premium rankings for space and newness.
3. What are the annual property taxes?
Taxes are not listed directly. They can be estimated by applying the Winnipeg municipal tax rate to the $90,100 assessed value. Your real estate agent can provide an exact calculation.
4. What does the "renovated basement" include?
The details are not specified. It is essential to ask for a list of the renovations completed, the quality of finishes, and whether any permits were obtained for the work.
5. How does the lack of a pool impact the value in this neighbourhood?
Given the climate and the family-oriented nature of Bridgwater Trails, the absence of a pool is typical and not a disadvantage. It reduces maintenance liability and insurance costs, which many buyers prefer. The community focus is more on shared parks and pathways.
