731 Bridge Lake Drive

Bridgwater Trails, Winnipeg

Property score

89.6

Excellent

Overall 89.6 · Larger and newer than most nearby homes

2,736 sqft (top 4%) · Built in 2022 (3 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 · Within 500m: 1 park nearby

Living Area

Above average

48% larger than neighborhood avg.

Year Built

Above average

3 yrs newer 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

89.6 is composed by the two sections below.

Property Score

94.3Excellent
Living Area2,736 sqft98Excellent
Year Built2022100Excellent
Lot Size5,880 sqft74Good
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

Elite
2,736 sqft
0255075100
Same streetTop 4%Same areaTop 4%CitywideTop 2%
Same street · Bridge Lake Drive
#6 / 158
Top 4% · Avg 1,844 sqft
Same area · Bridgwater Trails
#49 / 1,282
Top 4% · Avg 1,849 sqft
Citywide · Winnipeg
#3,294 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
845k
0255075100
Same streetTop 19%Same areaTop 8%CitywideTop 2%
Same street · Bridge Lake Drive
#30 / 158
Top 19% · Avg 627.7k
Same area · Bridgwater Trails
#108 / 1,282
Top 8% · Avg 596.2k
Citywide · Winnipeg
#3,618 / 194,458
Top 2% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetTop 3%Same areaTop 4%CitywideTop 1%

Lot Size

above average
5,880 sqft
0255075100
Same streetTop 30%Same areaTop 24%CitywideTop 35%

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

731 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 463 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 8/2022CA$850k–900k
Sold price

Same street

Top 11%

Same area

Top 6%

City-wide

Top 1%

Related homes

Highlights & common questions: 731 Bridge Lake Drive, Winnipeg

Property Overview

731 Bridge Lake Drive is a modern, two-storey home in the popular Bridgwater Trails neighbourhood. Built in 2022, it offers a move-in-ready condition with the benefit of a newer build’s modern systems and minimal immediate maintenance. The home features a generous 2,736 sqft of living space and sits on a large 5,880 sqft lot, providing ample room both inside and out. Key features include an attached garage and an unfinished basement, which presents a clean canvas for future customization.

The appeal lies in its combination of space, modernity, and location within a sought-after community. The property ranks in the top tier for its size, age, and value not just on its street, but across the wider Winnipeg area, indicating a strong investment in a desirable setting. It’s an ideal fit for growing families or professionals seeking a modern home in a established neighbourhood without the need for renovations. The unfinished basement is a particular draw for buyers who view it as an opportunity to add personalized value and square footage down the line, rather than a drawback.


Frequently Asked Questions

1. What does the "unfinished basement" entail?
The basement is included but has not been renovated. It offers a blank slate with full height and rough-ins, allowing the new owner to finish it to their specific needs, whether for a recreation room, home office, or additional bedrooms.

2. How does the property compare in size to others in the area?
The home ranks exceptionally well. With 2,736 sqft of living space, it is larger than approximately 96% of homes on its street and in Bridgwater Trails, and is in the top 2% for size across Winnipeg.

3. Is the property a good investment based on its history?
The home was last sold in August 2022 for $85,100, and its current assessed value is closely aligned at $84,500. Its consistent high ranking for value within the city (top 2% in Winnipeg) suggests it holds its worth well in the broader market.

4. What is the neighbourhood like?
Bridgwater Trails is a modern, master-planned community in Winnipeg. The property’s high rankings within the neighbourhood for lot size, living area, and home value indicate it is positioned in one of the more premium sections of this popular area.

5. What are the less obvious advantages of a 2022 build?
Beyond just being "new," a home built in 2022 likely incorporates current building codes, energy efficiency standards, and modern materials. This can translate to lower immediate repair costs, better insulation, and more contemporary electrical and plumbing systems compared to older stock, providing peace of mind and potential utility savings.

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