769 Bridge Lake Drive

Bridgwater Trails, Winnipeg

Property score

81.7

Excellent

Overall 81.7 · Newer than most nearby homes

1,723 sqft (top 50%) · 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

Near average

7% 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)

Sold Count

1,068

Median price

563.8k

$/sqft

$347/sqft

Avg build year

2019

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Property score

81.7 is composed by the two sections below.

Property Score

81.1Excellent
Living Area86
1,723 sqftExcellent
Year Built97
2020Excellent
Lot Size38
3,004 sqftLow
Neighbourhood Sales Activity89
Excellent

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

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

above average
1,723 sqft
0255075100
Same streetTop 45%Same areaTop 50%CitywideTop 20%
Same street · Bridge Lake Drive
#71 / 158
Top 45% · Avg 1,844 sqft
Same area · Bridgwater Trails
#637 / 1,282
Top 50% · Avg 1,849 sqft
Citywide · Winnipeg
#38,962 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
491k
0255075100
Same streetBottom 41%Same areaBottom 33%CitywideTop 21%
Same street · Bridge Lake Drive
#93 / 158
Bottom 41% · Avg 627.7k
Same area · Bridgwater Trails
#853 / 1,282
Bottom 33% · Avg 596.2k
Citywide · Winnipeg
#41,318 / 194,458
Top 21% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 9%Same areaTop 21%CitywideTop 3%

Lot Size

below average
3,004 sqft
0255075100
Same streetBottom 20%Same areaBottom 14%CitywideBottom 12%

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

769 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 395 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 10/2022CA$500k–550k
Sold price

Same street

Top 34%

Same area

Top 36%

City-wide

Top 13%
Sold 6/2022CA$550k–600k
Sold price

Same street

Top 29%

Same area

Top 28%

City-wide

Top 10%
Sold 6/2020CA$350k–400k
Sold price

Same street

Bottom 29%

Same area

Bottom 21%

City-wide

Top 36%

Related homes

Highlights & common questions: 769 Bridge Lake Drive, Winnipeg

Property Overview

This two-storey home in Bridgwater Trails offers modern living in a well-established Winnipeg community. Built in 2020, it presents a low-maintenance, move-in-ready opportunity with an attached garage and a full, unfinished basement. The 1,723 sqft living area is efficiently designed for contemporary lifestyles.

Its primary appeal lies in its balance of new construction benefits within a mature neighbourhood. The home is notably newer than most in Winnipeg, offering modern building standards and systems without the wait of a new build. The unfinished basement is a key feature, providing a blank canvas for future expansion to suit an owner's specific needs. This property would suit first-time buyers or young families looking for a modern home in a sought-after area without a premium price tag, as well as practical buyers who value the potential to add equity through a basement renovation tailored to their tastes.

Frequently Asked Questions

How does the lot size compare to others in the area?
The land area of 3,004 sqft is on the smaller side for the street and neighbourhood, which is typical for newer homes in community-focused developments like Bridgwater Trails. This often translates to less yard maintenance.

What is the significance of the assessed value versus the past sale prices?
The current assessed value is significantly lower than the 2022 sale price. It's important to understand that municipal assessments for tax purposes often lag behind market values and follow their own formulas. Buyers should rely on a current market evaluation rather than the assessment to determine today's worth.

Is the unfinished basement a drawback?
For many, it's an advantage. It means no previous owner's choices to undo and no wear and tear. It allows you to finish the space exactly to your needs—whether as a rec room, home office, or extra bedroom—and potentially increase the home's value upon completion.

The home sold twice in 2022. Should that be a concern?
Not necessarily. The sales history shows a rapid increase in value between June and October 2022, which was a period of notable market volatility. This likely reflects market conditions of the time rather than an issue with the property itself.

How does this home rank for "newness" in the broader area?
This is a standout feature. The home is newer than approximately 97% of properties in Winnipeg, meaning major components like the roof, windows, HVAC, and appliances are relatively new and under likely warranty, offering peace of mind and reduced immediate repair costs.