78.2
Good
Property score
78.2
Good
Overall 78.2
Smaller than most nearby homes
1,562 sqft (bottom 28%)
Built in 2019
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Near average
0 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
798 Bridge Lake Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 303 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 19% | Bottom 12% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 798 Bridge Lake Drive
Key Characteristics & Appeal
This is a modern, two-storey home built in 2019, situated in the Bridgwater Trails neighbourhood. Its primary appeal lies in its balance of contemporary construction and a manageable footprint. The home features an attached garage, a full (but unfinished) basement offering potential for future customization, and a living area of approximately 1,562 sqft on a near 3,000 sqft lot.
The property suits first-time buyers or young families seeking a relatively new build in a popular community, minimizing immediate concerns over major repairs or updates. Its assessed value positions it as a more accessible entry point into a newer area compared to many direct neighbours, which could appeal to value-conscious buyers. A thoughtful perspective is that while its size and lot rank lower within its immediate street, the home benefits from being newer than 75% of houses on the same block, suggesting it's among the more modern homes in that specific location. This creates a unique dynamic: you're buying a recent build in an established pocket of the neighbourhood.
Frequently Asked Questions
1. What does the ranking data actually mean for this property?
The rankings compare this home against others on its street, in Bridgwater Trails, and across Winnipeg. For example, being "newer than 75% on the same street" is a strong point, while a "top 95%" rank for assessed value means its value is lower than most neighbours—this could indicate a value opportunity or reflect the home's specific characteristics.
2. Is the basement finished?
No, the basement is confirmed as "not renovated." It is a full, unfinished space, providing a blank canvas for future expansion but requiring investment to become livable space.
3. How does this home compare to the nearby properties listed?
The listed nearby properties (e.g., on Falcon Creek Bay and Eaglewood Drive) are slightly older (2017), have significantly larger living areas (1,976 sqft and 1,832 sqft), and have higher assessed values. This highlights 798 Bridge Lake as a potentially more compact and affordable option within the broader South Pointe West area.
4. What is the significance of the 2019 sale price versus the current assessed value?
The home sold for $363,000 in November 2019, shortly after being built. The current assessed value is $434,000. This increase reflects market changes and the property's establishment over a 4-5 year period.
5. Are the lots in this area typically this size?
At just under 3,000 sqft, the lot is smaller than many in Winnipeg. The data shows it's larger than only 18% of lots on the same street, indicating that larger lots are common in this immediate area. This is a key consideration for buyers prioritizing outdoor space.
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