102 Lake Forest Road

Bridgwater Forest, Winnipeg

Property score

90.2

Excellent

Overall 90.2 · Larger than most nearby homes

2,750 sqft (top 5%) · Built in 2010 (1 yr older than avg)

Located in a high-income area with median household income of ~109k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

34% larger than neighborhood avg.

Year Built

Below average

1 yrs older than neighborhood avg.

Mother tongue

English · 43%Chinese · 22%

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

Sold Count

604

Median price

666k

$/sqft

$295/sqft

Avg build year

2011

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Property score

90.2 is composed by the two sections below.

Property Score

94.0Excellent
Living Area98
2,750 sqftExcellent
Year Built90
2010Excellent
Lot Size85
6,657 sqftExcellent
Neighbourhood Sales Activity89
Excellent

Community Score

84.5Excellent
Household Income88
Excellent
Education Level91
Excellent
Housing Stress52
Fair
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Bridgwater Forest

How to read: Share of sales in each ~$50k price band for “bridgwater forest” (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: #46111255

Community deep dive

$109K

Median household income

$224K

Average household income

15%

Low income (LIM-AT)

0.4

Income inequality (Gini)

5.1

P90 / P10 ratio

16%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)5,076
Labour force participation rate74%
Median age33.6
Avg household size3.0
Unemployment rate8%
Population density3057 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households16%
Couple families with children41%
Median household income (2020)$109K

Housing

Renter households23%
Condominium dwellings26%
Median dwelling value (owners)$552K

Diversity, education & language

Immigrants (share of pop.)44%
Visible minority60%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 42%
Mother tongue (2nd)Chinese · 22%

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

Rankings

Living Area

Elite
2,750 sqft
0255075100
Same streetTop 16%Same areaTop 5%CitywideTop 2%
Same street · Lake Forest Road
#5 / 32
Top 16% · Avg 2,039 sqft
Same area · Bridgwater Forest
#51 / 1,121
Top 5% · Avg 2,053 sqft
Citywide · Winnipeg
#3,204 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
900k
0255075100
Same streetTop 22%Same areaTop 12%CitywideTop 1%
Same street · Lake Forest Road
#7 / 32
Top 22% · Avg 732.3k
Same area · Bridgwater Forest
#138 / 1,121
Top 12% · Avg 684.1k
Citywide · Winnipeg
#2,909 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetTop 9%Same areaBottom 33%CitywideTop 11%

Lot Size

above average
6,657 sqft
0255075100
Same streetTop 22%Same areaTop 23%CitywideTop 20%

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

102 Lake Forest Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 331 m).

Search radius
🌳Parks1

Crime & Safety

Bridgwater Forest · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-91%

vs. prior year

Primary type

Property

100%

Sales History

Sold 11/2019CA$800k–850k
Sold price

Same street

Top 47%

Same area

Top 9%

City-wide

Top 2%

Related homes

Highlights & common questions: 102 Lake Forest Road, Winnipeg

Property Overview & Key Characteristics

This two-storey home in Bridgwater Forest is a modern, spacious property built in 2010. Its primary appeal lies in its generous proportions and established, yet updated, condition. With 2,750 sqft of living space on a large 6,657 sqft lot and a renovated basement, it offers ample room for family life and entertaining. The attached garage and desirable location within the newer Bridgwater Forest community add to its practicality.

The home’s standout feature is its size relative to the area. It ranks in the top tier for both living area and lot size not just on its street, but across the entire neighbourhood and Winnipeg. This means you get more space than most comparable properties. The recent renovation of the basement adds immediate value and modern living space without the need for a major project.

This property would best suit a growing or established family looking for a move-in ready home with plenty of indoor and outdoor space in a popular, planned community. It’s also a strong option for buyers who value statistical upside; owning one of the larger homes in a sought-after area can be a prudent long-term investment. The significant jump from its last sold price in 2019 to its current assessed value suggests substantial equity growth, appealing to those looking for a property with a strong value history.


Frequently Asked Questions

1. How does the assessed value compare to the likely asking price?
The assessed value is $900k, which is a strong benchmark. However, in a competitive market, the final sale price can be influenced by recent renovations, current demand, and the home's top-tier rankings for size, potentially leading to a premium.

2. The home was last sold in 2019. What does that mean?
A sale four years ago indicates the current sellers likely have substantial equity, which can sometimes make for more straightforward negotiations. It also suggests they have been the ones to undertake the recent basement renovation, providing a clearer history of updates.

3. What do the "top percentile" rankings actually tell me?
These rankings are a quick way to see this home's advantages. For example, being in the top 3% of the neighbourhood for living area is a significant data point. It means you are getting one of the most spacious homes available in Bridgwater Forest, which is a key driver of value and livability.

4. The lot is large, but what is the backyard like?
At over 6,600 sqft, the lot size is well above average. This offers excellent potential for landscaping, gardening, or adding features like a patio or play structure. Its specific orientation (not provided in the data) would need to be confirmed to understand sun exposure and privacy.

5. Are there any concerns with a 2010 build?
Homes from this era benefit from modern building codes and materials. The major systems (roof, HVAC, windows) are likely still in good condition but are approaching the age where routine maintenance and eventual replacement planning should be considered—a factor often overlooked compared to much older or brand-new homes.