Property score
87.5
Excellent
Overall 87.5 · Larger and newer than most nearby homes
2,081 sqft (top 28%) · 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
13% 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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87.5 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 10% | Top 6% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 713 Bridge Lake Drive
Key Characteristics & Appeal
This two-storey home in Bridgwater Trails is a modern, low-maintenance property built in 2024. Its primary appeal lies in its new construction status, offering contemporary building standards and minimal immediate repair concerns. With 2,081 sqft of living space, it ranks in the top quarter for size on its street and is notably spacious compared to most Winnipeg homes. The property sits on a generous 5,360 sqft lot and includes an attached garage.
The home’s standout feature is its exceptional "newness" ranking—it is newer than virtually every comparable property in the neighbourhood and city. This is coupled with strong value metrics; its recent sale and assessed value place it in the top tier locally, suggesting a solid investment history. The appeal is for buyers seeking a turnkey, modern family home in a developed suburban community. It would suit young professionals or families who prioritize move-in readiness, energy efficiency, and being part of a newer community like Bridgwater Trails, without the wait and uncertainty of a pre-construction build.
A thoughtful perspective: while the basement exists, it is noted as "not renovated," presenting a clean canvas for future expansion. This allows a buyer to customize the space to their needs, potentially adding significant value. The property’s high rankings in value metrics versus more moderate rankings for sheer living space suggest it may be perceived as a well-priced home in its category, offering good value for its modern features and condition.
Frequently Asked Questions
1. Is this a brand-new home?
The home was built in 2024, so it is essentially new, with only two years of occupancy. It offers all the benefits of modern construction without being a pre-construction purchase.
2. What does "not renovated" for the basement mean?
It indicates the basement is unfinished. It is a complete blank space with basic construction (foundation, walls, utilities likely in place), ready for the owner to design and finish according to their preferences and budget.
3. How does this home compare to others in the area?
The data shows it excels in being newer and holding strong value. It is larger than most homes on its street and in Winnipeg overall, but there are larger homes within Bridgwater Trails itself. Its assessed and recent sale prices are consistently in the top 10-20% for the neighbourhood.
4. What is the community of Bridgwater Trails like?
Bridgwater Trails is a modern, master-planned community in Winnipeg known for its parks, pathways, and newer amenities. It typically attracts families and those seeking a contemporary suburban lifestyle.
5. Why is the sold price higher than the assessed value?
This is common and reflects market dynamics. The assessed value (for municipal tax purposes) is an estimate, while the sold price is what a buyer actually paid in the open market in August 2024. The sold price is a strong indicator of the home's current market value.
