Property score
82.4
Excellent
Overall 82.4 · Older than most nearby homes
1,746 sqft (top 48%) · Built in 2016 (3 yrs older 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 · Within 500m: 1 park nearby
Living Area
Near average
6% 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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82.4 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
724 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 469 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 | Top 43% | Top 44% | Top 15% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 13% | Bottom 10% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 724 Bridge Lake Drive, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, two-storey home built in 2016, situated on a generous 3,778 sqft lot in the popular Bridgwater Trails neighbourhood. With 1,746 sqft of living space, a detached garage, and an unrenovated basement, it presents a well-maintained blank canvas in a community known for its newer construction and amenities. Its core appeal lies in its balance of relative youth and established neighbourhood feel, having passed the initial settling phase of a new build.
The home suits first-time buyers or young families looking for a move-in-ready property in a contemporary area without the premium of a brand-new build. It also appeals to value-conscious buyers who see potential in the unfinished basement for future customization. A less obvious perspective is its strong position relative to the wider Winnipeg market; it ranks newer and larger than over 80% of city homes, suggesting it offers more modern space for the price compared to many older neighbourhoods. However, its rankings within its own immediate street and neighbourhood are more middle-of-the-road, indicating it’s a typical, solid offering in this specific area rather than a standout.
Frequently Asked Questions
1. How does this property compare to others on the street and in Bridgwater Trails?
The home is generally on par with or slightly above average for its street in terms of living space, but the lot size is below average for the area. Its assessed value is competitive within the neighbourhood.
2. What does the sale history indicate?
The home sold recently in April 2024 for $50,500, which is very close to its current assessed value of $49,400. This suggests the assessment is current and the market price is stable. Its first sale was in December 2016 for $35,800.
3. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This presents both a cost and an opportunity for future expansion to suit a buyer's needs.
4. How old is the home, and what should I consider?
Built in 2016, the home is about 10 years old. Major structural components should be sound, but this is the age when original appliances, HVAC systems, and roof shingles may be nearing the end of their typical lifespans and could require attention or budgeting for replacement.
5. What are the key rankings telling me?
The rankings show this property is newer and offers more living space than the vast majority of Winnipeg homes. However, within the desirable and newer Bridgwater Trails area itself, it falls more into the middle range for metrics like lot size and year built, positioning it as a solid, standard option within this specific community.
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