Property score
78.2
Good
Overall 78.2 · Smaller but newer than most nearby homes
1,564 sqft (bottom 28%) · Built in 2020 (1 yr newer 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
15% 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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78.2 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
785 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 383 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 27% | Top 26% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 785 Bridge Lake Drive
Key Characteristics & Appeal
This is a modern, two-storey home built in 2020, offering a move-in-ready foundation in the popular Bridgwater Trails neighbourhood. Its key appeal lies in its balance of being a relatively new build (newer than 97% of Winnipeg homes) on a generous lot, providing room to grow. With 1,564 sqft of living space, an attached garage, and an unrenovated basement, it presents a clean canvas for personalization. The home suits first-time buyers or young families looking for a contemporary community without the premium of a brand-new build, and it’s ideal for buyers who value a larger yard (its lot size ranks highly) and see potential in finishing the basement to their own taste. A thoughtful perspective is its 2022 sale price, which was notably higher than its current assessed value, suggesting a potential opportunity in the current market for value-conscious purchasers.
Frequently Asked Questions
1. What is the neighbourhood like?
Bridgwater Trails is a master-planned, family-oriented community in south Winnipeg with parks, pathways, and nearby amenities. This specific street is very new, with most homes built around the same time.
2. Is the basement finished?
No, the basement is unfinished. This is a key feature for buyers looking to add value and customize the additional space to their needs, such as creating a rec room, home office, or extra bedroom.
3. How does this home compare to others nearby?
The home sits on a larger-than-average lot for the area. While its living space is moderately sized compared to immediate neighbours, it is newer than most. Nearby comparable listings suggest competitive pricing within the broader Bridgwater area.
4. What are the property taxes likely to be?
Taxes would be based on the current assessed value of $47,600. You can use this figure with the City of Winnipeg's mill rate for an accurate estimate of annual taxes.
5. Why did it sell for more in 2022 than its current assessed value?
Market conditions have shifted since its last sale. The assessed value is an estimate for taxation purposes, not a market price. The difference may reflect broader market changes and presents a discussion point for your offer.
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