124 Bridgewood Drive

Grassie, Winnipeg

Property score

77.2

Good

Overall 77.2 · Smaller but newer than most nearby homes

1,200 sqft (bottom 20%) · Built in 2015 (15 yrs newer than avg)

Located in a high-income area with median household income of ~134k

Transit 64.0 · 5-min walk to transit with 2 nearby routes

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Above average

15 yrs newer than neighborhood avg.

Mother tongue

English · 60%Punjabi · 15%

Past 10 years Grassie sales snapshot (~80% of all data)

Sold Count

454

Median price

528k

$/sqft

$376/sqft

Avg build year

2000

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Property score

77.2 is composed by the two sections below.

Property Score

71.9Good
Living Area1,200 sqft66Good
Year Built201594Excellent
Lot Size6,254 sqft81Excellent
Neighbourhood Sales Activity28Low

Community Score

85.2Excellent
Household Income92Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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: #46111252

Community deep dive

$134K

Median household income

$140K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

7%

Single-person households

49%

Families with children

Population, labour & age

Population (2021)2,020
Labour force participation rate73%
Median age37.6
Avg household size3.4
Unemployment rate4%
Population density1683 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households7%
Couple families with children49%
Median household income (2020)$134K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$428K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority43%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 60%
Mother tongue (2nd)Punjabi · 15%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,200 sqft
0255075100
Same streetBottom 5%Same areaBottom 20%CitywideTop 50%
Same street · Bridgewood Drive
#63 / 66
Bottom 5% · Avg 1,545 sqft
Same area · Grassie
#1,076 / 1,348
Bottom 20% · Avg 1,524 sqft
Citywide · Winnipeg
#97,378 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

above average
518k
0255075100
Same streetTop 41%Same areaTop 30%CitywideTop 17%
Same street · Bridgewood Drive
#27 / 66
Top 41% · Avg 513.9k
Same area · Grassie
#408 / 1,348
Top 30% · Avg 482.7k
Citywide · Winnipeg
#33,072 / 194,458
Top 17% · Avg 390.1k

Year Built

Elite
2015
0255075100
Same streetTop 3%Same areaTop 2%CitywideTop 7%

Lot Size

above average
6,254 sqft
0255075100
Same streetTop 47%Same areaTop 33%CitywideTop 26%

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

Search radius
No data within 500 m.

Crime & Safety

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%

Sales History

Sold 8/2022CA$500k–550k
Sold price

Same street

Top 23%

Same area

Top 19%

City-wide

Top 14%

Related homes

Highlights & common questions: 124 Bridgewood Drive, Winnipeg

Property Overview: 124 Bridgewood Drive, Grassie, Winnipeg

Section 1: Key Characteristics & Appeal

This well-maintained, one-storey home on a quiet street offers a practical and modern living space. Built in 2015, it is notably newer than most homes in both the immediate neighbourhood and across Winnipeg, suggesting less immediate concern for major repairs or outdated systems. The home features 1,200 sqft of living area, a renovated basement, and an attached garage, sitting on a standard-sized lot of just over 6,250 sqft.

Its primary appeal lies in its balance of contemporary build quality and established community. While the living space is modest compared to some immediate neighbours, the property holds its value well, with an assessed value that ranks above average for the wider city. This positions it as a efficient, low-maintenance home rather than a sprawling one. It would suit first-time buyers, downsizers, or investors seeking a modern property without the premium of a brand-new build. The renovated basement adds flexible space, making it also suitable for small families or those who work from home.

A less obvious perspective is its statistical standing: this home is a standout for its age on its street, but offers a more average amount of interior space. This creates a unique profile—it’s a newer, mechanically sound structure in a mature setting, ideal for buyers who prioritize modern infrastructure over square footage.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others?
At 1,200 sqft, the living area is below average for homes directly on Bridgewood Drive and in the Grassie area, but is very close to the average size for a home across the entire city of Winnipeg.

2. Is this a good value for the neighbourhood?
The assessed value is above average for both the Grassie area and Winnipeg citywide, indicating the market recognizes factors like its newer construction and condition. Its value per square foot is likely higher due to its modern build.

3. What are the implications of the home being built in 2015?
As one of the newest homes on the street (ranking in the top 3%), major components like the roof, HVAC, and windows are likely still within their typical lifespan, potentially reducing near-term capital costs.

4. What was the last sold price?
Public data shows it sold for between $49.50k and $52.50k in August 2022. The precise sale price is available upon direct request from the listing source.

5. What is the lot like, and are there any amenities like a pool?
The lot is a standard residential size for the area at 6,254 sqft. The property does not have a pool. Key features include the attached garage and the renovated basement.

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