Property score
78.1
Good
Overall 78.1 · Newer than most nearby homes
1,349 sqft (bottom 36%) · Built in 2012 (12 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
11% smaller than neighborhood avg.
Year Built
Above average
12 yrs newer than neighborhood avg.
Mother tongue
English · 58%Punjabi · 12%
Past 10 years Grassie sales snapshot (~80% of all data)
454
528k
$376/sqft
2000
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78.1 is composed by the two sections below.
Property Score
Community Score
Grassie
How to read: Share of sales in each ~$50k price band for “grassie” (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: #46111253
$105K
Median household income
$113K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
18%
Single-person households
38%
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
123 Bridgewood Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 445 m).
Grassie · WPS public data · 2026
Annual incidents
5
2026
vs. city avg
-83%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
60%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 19% | Bottom 31% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 123 Bridgewood Drive, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Grassie presents a practical and comfortable living proposition. Built in 2012, it offers modern construction benefits without being brand new, potentially avoiding the premium and uncertainties of a recent build. Its key appeal lies in its balance: a renovated basement adds valuable finished space to the 1,349 sqft layout, while the attached garage and above-average 7,324 sqft lot provide everyday convenience and room for outdoor activities or future expansion.
The home’s value is underscored by its strong standing in key metrics. Its assessed value ranks in the top third locally and top quarter within Grassie, suggesting it is viewed favorably relative to its peers. The lot size is a particular standout, ranking in the top 18% on its street and in the neighbourhood, offering more private outdoor space than many comparable properties.
This property would suit first-time buyers or downsizers seeking a manageable single-level layout in a established yet relatively young neighbourhood. It’s also a sensible fit for value-conscious buyers who appreciate a home that has already seen key updates (like the basement renovation) and offers a larger-than-typical yard for its area, providing both immediate utility and long-term flexibility.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales in the area?
Based on available data, the home last sold in 2016. Its current assessed value places it above average for similar homes in Grassie and citywide, indicating a strong official valuation. For precise, recent sale prices of comparable properties, a current market evaluation is recommended.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope or finish. This would be a key point to clarify during a viewing to understand the quality of the renovation and how the space is currently configured (e.g., recreational room, additional bedroom(s)).
3. Is the lot size a significant advantage here?
Yes. The land area of over 7,300 sqft is notably larger than many lots on the same street and in the broader Grassie area. This provides more privacy, gardening space, and potential for additions like a deck or shed than is typical for homes of this vintage and style.
4. How does the age of the home (built 2012) affect things?
A 2012 build offers modern building standards and likely newer major systems (like HVAC and roof), reducing the immediate need for costly replacements. It’s worth noting that on its specific street, it is slightly older than the average, which may reflect a more settled streetscape without being an outlier.
5. What are the property taxes likely to be?
The assessed value is $52,800. Property taxes can be estimated by applying the current municipal and education tax rates to this assessment figure. Your real estate agent or the City of Winnipeg’s tax calculator can provide a precise estimate.
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