716 Bridge Lake Drive

Bridgwater Trails, Winnipeg

Property score

78.4

Good

Overall 78.4 · Smaller than most nearby homes

1,424 sqft (bottom 11%) · Built in 2017 (2 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 · Within 500m: 1 park nearby

Living Area

Below average

23% smaller 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

78.4 is composed by the two sections below.

Property Score

75.7Good
Living Area1,424 sqft75Good
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

around average
1,424 sqft
0255075100
Same streetBottom 8%Same areaBottom 11%CitywideTop 34%
Same street · Bridge Lake Drive
#146 / 158
Bottom 8% · Avg 1,844 sqft
Same area · Bridgwater Trails
#1,138 / 1,282
Bottom 11% · Avg 1,849 sqft
Citywide · Winnipeg
#66,941 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
448k
0255075100
Same streetBottom 11%Same areaBottom 8%CitywideTop 29%
Same street · Bridge Lake Drive
#140 / 158
Bottom 11% · Avg 627.7k
Same area · Bridgwater Trails
#1,181 / 1,282
Bottom 8% · Avg 596.2k
Citywide · Winnipeg
#55,893 / 194,458
Top 29% · 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

716 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 490 m).

Search radius
🌳Parks1

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 8/2021CA$450k–500k
Sold price

Same street

Bottom 41%

Same area

Bottom 37%

City-wide

Top 23%
Sold 6/2017CA$300k–350k
Sold price

Same street

Bottom 3%

Same area

Bottom 3%

City-wide

Top 49%

Related homes

Highlights & common questions: 716 Bridge Lake Drive, Winnipeg

Property Overview & Key Characteristics

This two-storey home in Bridgwater Trails, built in 2017, offers a modern foundation in a newer Winnipeg community. Its key appeal lies in a balance of relative newness and established neighbourhood growth. With a 1,424 sqft living area and a 3,778 sqft lot, it presents a manageable size for many buyers. The home features a detached garage and an unfinished basement, which provides a blank canvas for future customization.

The property’s standout characteristic is its strong position relative to the wider Winnipeg market, ranking newer than 94% of homes in the city. This suggests a lower immediate need for major system updates compared to older stock. Its appeal is likely strongest for first-time buyers, young families, or downsizers seeking a modern, low-maintenance home in a planned community. The unfinished basement is a key feature, suiting buyers who prefer to tailor the space to their specific needs and budget over time, rather than paying a premium for a finished layout that may not suit them. It’s a home for someone who values a turn-key main living area but has a vision for additional space.

Frequently Asked Questions

1. What does the ranking data (e.g., "Top 6% in Winnipeg") actually mean?
This data compares specific metrics of this home against others. For example, being newer than 94% of Winnipeg homes (Top 6%) is a significant advantage for building age. Other rankings compare lot size, living area, and past sale values within the street, neighbourhood, and city, providing context for how the property measures up in various categories.

2. The basement is listed as "not renovated." What condition is it in?
The listing specifies the basement is unfinished. This means it is likely a raw, undeveloped space with concrete floors and walls, awaiting drywall, flooring, and design. It offers potential but requires investment to become livable space.

3. The last sale was in 2021. Why is that relevant?
The 2021 sale price of $450k provides a recent market benchmark. Understanding how the current asking price compares to this, in the context of market changes since then, is a crucial starting point for assessing value and potential equity.

4. The lot is larger than average for the street. What are the benefits?
A 3,778 sqft lot that ranks "larger than 71%" on the street offers more outdoor space than many direct neighbours. This could allow for a larger deck, garden, play area, or simply more privacy and breathing room, which is a valued commodity in newer subdivisions.

5. What is the Bridgwater Trails community like?
As a newer planned community in Winnipeg, Bridgwater Trails typically features modern amenities, parks, and walking paths. Prospective buyers should research local schools, transit options, and community plans to see if the neighbourhood’s style and stage of development align with their lifestyle.

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