708 Bridge Lake Drive

Bridgwater Trails, Winnipeg

Property score

84.5

Excellent

Overall 84.5 · Older than most nearby homes

1,938 sqft (top 35%) · Built in 2016 (3 yrs older than avg)

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes

Living Area

Near average

5% 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)

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 Area1,938 sqft92Excellent
Year Built201697Excellent
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
1,938 sqft
0255075100
Same streetTop 34%Same areaTop 35%CitywideTop 12%
Same street · Bridge Lake Drive
#54 / 158
Top 34% · Avg 1,844 sqft
Same area · Bridgwater Trails
#455 / 1,282
Top 35% · Avg 1,849 sqft
Citywide · Winnipeg
#24,110 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
508k
0255075100
Same streetBottom 48%Same areaBottom 42%CitywideTop 19%
Same street · Bridge Lake Drive
#82 / 158
Bottom 48% · Avg 627.7k
Same area · Bridgwater Trails
#743 / 1,282
Bottom 42% · Avg 596.2k
Citywide · Winnipeg
#35,984 / 194,458
Top 19% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetBottom 39%Same areaBottom 16%CitywideTop 6%

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 9/2020CA$400k–450k
Sold price

Same street

Bottom 39%

Same area

Bottom 34%

City-wide

Top 24%
Sold 8/2019CA$400k–450k
Sold price

Same street

Bottom 39%

Same area

Bottom 36%

City-wide

Top 24%
Sold 5/2016CA$350k–400k
Sold price

Same street

Bottom 25%

Same area

Bottom 15%

City-wide

Top 42%

Related homes

Highlights & common questions: 708 Bridge Lake Drive, Winnipeg

Property Overview: 708 Bridge Lake Drive, Bridgwater Trails

Key Characteristics & Appeal

This is a modern, two-storey home built in 2016, offering nearly 1,940 sqft of living space on a generous 3,778 sqft lot in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in its balance of contemporary construction and established community living. The home ranks notably well for its living area size compared to most of Winnipeg and its peers locally, suggesting a spacious interior layout for a 10-year-old property.

The home would suit first-time buyers or young families looking for a move-in ready, low-maintenance property in a newer suburb, without being the very latest build. Its assessed value has shown stable, modest growth since its first sale, indicating a settled market value. A thoughtful perspective is that while the lot size is above average, the home's rankings for land area on its specific street and in the neighbourhood are relatively lower, meaning it sits among more compact lots in this part of Bridgwater Trails. The detached garage offers flexibility but may be a consideration for those prioritizing attached parking. Buyers will appreciate the modern amenities and efficient design typical of a 2016 build, within a community that now has a decade of maturation.

Frequently Asked Questions

1. How does this home's value trend compare to the area?
The assessed value has increased steadily from its 2016 sale price, aligning with broader Winnipeg appreciation. However, its last recorded sale in 2020 was below the current assessment, which is common as assessments don't always equal market value. It suggests reviewing recent comparable sales for the most accurate picture.

2. What does the "rank" information actually tell me?
These rankings compare this specific property against every other house on its street, in Bridgwater Trails, and across Winnipeg for metrics like size and age. For example, ranking in the "Top 11%" in Winnipeg for living area means it's more spacious than 89% of homes city-wide, a significant advantage.

3. Is the basement finished?
No, the basement is noted as "not renovated." This presents both a cost for future development and an opportunity for customization and added value to suit a buyer's specific needs.

4. The home sold in 2020 and 2019. Is that a concern?
Not inherently. The quick resale could indicate an investor-owned property or a change in an owner's circumstances. The consistent sale prices in those years suggest a stable market value at that time, but a thorough inspection is always recommended to understand the home's condition.

5. How does the lot size compare?
At 3,778 sqft, the lot is larger than the average Winnipeg property. However, within the immediate street and Bridgwater Trails neighbourhood, it ranks in the lower half for size. This means you have good private outdoor space, but neighbours on the street may have even larger lots.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.