Property score
87.3
Excellent
Overall 87.3 · Larger but older than most nearby homes
2,426 sqft (top 17%) · Built in 2009 (2 yrs older than avg)
Located in a high-income area with median household income of ~109k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
18% larger than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 43%Chinese · 22%
Past 10 years Bridgwater Forest sales snapshot (~80% of all data)
604
666k
$295/sqft
2011
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87.3 is composed by the two sections below.
Property Score
Community Score
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.
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: #46111255
$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
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
108 Lake Forest Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 343 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 26% | Top 33% | Top 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 108 Lake Forest Road, Bridgwater Forest
Section 1: Key Characteristics & Appeal
This two-storey home in the sought-after Bridgwater Forest community offers a compelling blend of space, modern updates, and established neighbourhood living. Built in 2009, it sits on a generous 4,819 sqft lot and features a renovated basement and an attached garage. With 2,426 sqft of living space, it ranks notably larger than most homes in Winnipeg, providing ample room for family life.
Its primary appeal lies in its balanced position within a mature, planned community. The home is not the newest on the street, but it is newer than the vast majority in the wider city, offering a settled-in feel without dated infrastructure. The renovated basement adds immediate functional value. The property suits buyers looking for a move-in ready family home in a prime suburban area—particularly those who value space over a brand-new build, and who appreciate a neighbourhood with established landscaping and amenities. A thoughtful perspective is its potential for equity stability; it’s past the initial depreciation of a brand-new home but sits in a consistently high-demand area, representing a solid middle-ground investment.
Section 2: Frequently Asked Questions
1. How does this home compare to others in Bridgwater Forest?
The home ranks in the top tier for living space within the neighbourhood (top 12%) and is newer than about 89% of area homes, placing it as a spacious, relatively modern option in the community.
2. What is the significance of the assessed value versus the last sale price?
The current assessed value is $70,200, while it last sold in 2018 for $363,800. It’s important to understand that municipal assessed value for tax purposes is typically much lower than market value and should not be used as a direct indicator of listing or sale price.
3. Is the lot size typical for the area?
At 4,819 sqft, the lot is above average for Lake Forest Road (top 41%) and provides a good outdoor space ratio for the neighbourhood.
4. What might the renovated basement include?
The listing confirms the basement is renovated but does not specify details. This would be a key point to clarify with the listing agent regarding the finish, layout, and permitted uses.
5. How established is the surrounding area?
With the home being 17 years old and the neighbourhood development starting around that time, the area is well-established with mature trees and settled streetscapes, unlike newer subdivisions still under development.
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