Property score
81.3
Excellent
Overall 81.3 · Older than most nearby homes
1,615 sqft (bottom 36%) · 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 · Within 500m: 1 park nearby
Living Area
Below average
13% smaller 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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81.3 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
720 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 479 m).
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 | Bottom 3% | Bottom 3% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 720 Bridge Lake Drive, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, two-storey home built in 2016, offering a low-maintenance lifestyle in the popular Bridgwater Trails neighbourhood. Its key appeal lies in its balance of contemporary construction and a manageable scale. With 1,615 sqft of living space and a good-sized 3,778 sqft lot, it provides room to grow without being overwhelming. The home features a detached garage and an unfinished basement, presenting a clean slate for future customization.
The property’s strongest suit is its modern age within the broader Winnipeg context—it’s newer than 93% of homes in the city, suggesting updated building standards and less immediate worry about major system replacements. It would suit first-time buyers or young families looking for a move-in-ready home in a newer community, as well as downsizers seeking a modern, single-family home without the upkeep of an older property. A thoughtful perspective for buyers is the unfinished basement: while it requires an investment to finish, it adds significant potential value and allows for personalization without the need to remodel existing living spaces.
Frequently Asked Questions
1. How does the property’s value compare to its last sale price?
The home last sold in 2016 for $340,000. Its current assessed value is $458,000, which indicates market appreciation. It’s important to note that assessed value is for tax purposes; a current market appraisal would determine its true selling value.
2. What do the ranking percentages mean?
The rankings (e.g., “Top 22% in Winnipeg” for living area) show how this property compares to others in its immediate street, neighbourhood, and city for specific metrics like size or age. A higher “Top %” means it scores better than that percentage of comparable properties.
3. Is the neighbourhood established?
As a home built in 2016 in Bridgwater Trails, the neighbourhood itself is relatively new and likely still developing. This can mean newer amenities and infrastructure, but potentially less mature landscaping and community character compared to older areas.
4. What are the implications of the “unfinished basement”?
The basement is a blank canvas with full standing height. It presents an opportunity to add significant living space (like a family room, office, or extra bedroom) tailored to your needs, but it does require a separate renovation budget and permits.
5. How does the lot size compare?
At 3,778 sqft, the lot is larger than the Winnipeg average, providing good outdoor space. However, within its own street and Bridgwater Trails neighbourhood, it ranks in the middle to lower tier, meaning many immediate neighbours may have larger yards.
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