Property score
79.9
Good
Overall 79.9 · Smaller but newer than most nearby homes
1,501 sqft (bottom 18%) · Built in 2020 (1 yr 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
Below average
19% smaller than neighborhood avg.
Year Built
Above average
1 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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79.9 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
754 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 346 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 20% | Bottom 13% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 754 Bridge Lake Drive, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home, built in 2020, is a modern property in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in its relative newness, being newer than 97% of homes in Winnipeg, which suggests modern building standards, energy efficiency, and minimal immediate repair needs. The home features an attached garage and a full, unfinished basement offering potential for future customization.
The property suits first-time buyers or young families seeking a move-in ready home in a developing community. Its assessed value is notably lower than many nearby comparables, which could represent an entry point into the area. A thoughtful perspective is that while the living space is average for the city, it ranks in the lower tier for its immediate street and neighbourhood, indicating it may be a more modest option within a generally affluent area. The lot size is generous, providing good outdoor space. The significant jump in assessed value since its 2020 sale suggests the area has appreciated, but buyers should investigate if this aligns with current market conditions.
Frequently Asked Questions
1. Is this a good value for the Bridgwater Trails area?
Based on the provided data, the assessed value is significantly lower than nearby similar-sized homes, such as those on Falcon Creek Bay and Eaglewood Drive. This could indicate better value, but it's essential to understand why—such as differences in finishes, lot specifics, or the exact location within the broader community.
2. What does the "unfinished basement" entail?
The basement is included but not renovated. This means it’s a blank canvas with basic construction (concrete floors, exposed walls/ceilings) ready for the buyer to finish according to their needs, adding both future living space and value.
3. How does the property rank within its immediate area?
The rankings show a mix: the home is very new for the street (top 9%) but its living area and assessed value rank in the bottom 15-25% on the same street. This suggests it's one of the newer, yet potentially more compact or modestly valued, homes on Bridge Lake Drive.
4. What is the neighbourhood like?
Bridgwater Trails is a master-planned, family-oriented community in Winnipeg. It typically features newer homes, parks, and walking trails. The specific street ranking shows this property is on a street considered better than only 25% of others in the area, so researching street traffic and nearby amenities is advised.
5. Why did the assessed value increase so much since 2020?
The assessed value rose from $36.4k in 2020 to $43.7k. This increase likely reflects general market appreciation in Winnipeg, specific development and desirability growth in the Bridgwater area, and the home no longer being brand new from a builder. It is not an appraisal of current market sale price.
