14 Lake Forest Road

Bridgwater Forest, Winnipeg

Property score

88.4

Excellent

Overall 88.4 · Compared with neighbourhood average

2,168 sqft (top 43%) · Built in 2010 (1 yr older than avg)

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

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

Living Area

Near average

6% 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

88.4 is composed by the two sections below.

Property Score

91.0Excellent
Living Area94
2,168 sqftExcellent
Year Built90
2010Excellent
Lot Size81
6,428 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

above average
2,168 sqft
0255075100
Same streetTop 41%Same areaTop 43%CitywideTop 7%
Same street · Lake Forest Road
#13 / 32
Top 41% · Avg 2,039 sqft
Same area · Bridgwater Forest
#482 / 1,121
Top 43% · Avg 2,053 sqft
Citywide · Winnipeg
#13,935 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

Elite
899k
0255075100
Same streetTop 25%Same areaTop 12%CitywideTop 2%
Same street · Lake Forest Road
#8 / 32
Top 25% · Avg 732.3k
Same area · Bridgwater Forest
#139 / 1,121
Top 12% · Avg 684.1k
Citywide · Winnipeg
#2,928 / 194,458
Top 2% · Avg 390.1k

Year Built

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

Lot Size

above average
6,428 sqft
0255075100
Same streetTop 25%Same areaTop 26%CitywideTop 23%

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

14 Lake Forest Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 147 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 7/2024CA$0.95M–1M
Sold price

Same street

Top 21%

Same area

Top 4%

City-wide

Top 1%

Related homes

Highlights & common questions: 14 Lake Forest Road, Winnipeg

Property Overview & Key Characteristics

This one-storey home in Bridgwater Forest is a standout property that combines above-average space with a highly desirable financial profile. Its key appeal lies in its substantial 6,428 sqft lot and a renovated basement, offering room to grow. Built in 2010, it strikes a balance between modern construction and established maturity. The numbers tell a compelling story: the home ranks in the top quarter of its street for lot size and sits in the top 1% of all Winnipeg for both its recent sold price and assessed value, indicating strong market recognition and investment stability. Its living space is notably generous, placing it in the top 6% citywide.

This property would suit buyers looking for a move-in-ready home with a proven value trajectory, particularly those who prioritize lot size and financial metrics over a brand-new build. It’s an excellent match for downsizers or young families seeking single-level living without compromising on space, and for value-conscious investors who appreciate the concrete data showing its performance against comparable homes.


Frequently Asked Questions

1. What does the ranking data actually mean?
The percentile rankings (e.g., "Top 1% in Winnipeg") directly compare this property to specific groups—its street, neighbourhood, and the entire city—for metrics like sold price and lot size. It’s a data-driven way to confirm its standout characteristics in a broader context.

2. Is the renovated basement a legal suite?
The listing specifies a "renovated basement" but does not state it is a legal secondary suite. Buyers should verify its compliance and permitted use with the city if considering rental income.

3. Why is there such a large gap between the assessed value and the recent sold price?
This is common. The assessed value (for property tax purposes) is often lower than market value. The sold price of $970k is a clear, recent indicator of what the market was willing to pay, placing the home in an elite tier locally.

4. The home is newer than 91% of its street but only 29% of its neighbourhood. Why?
This highlights Bridgwater Forest’s development timeline. The street is mostly older, making this home relatively new there. However, the wider neighbourhood has many newer subdivisions, so compared to all of Bridgwater Forest, its 2010 build date is more middle-of-the-pack.

5. What are the less obvious advantages of this specific location on Lake Forest Road?
The data shows it's in a pocket of higher-value homes, which can contribute to stability. Proximity to five other properties on the same street (as shown in nearby listings) suggests a well-established, cohesive streetscape, which isn't always the case in newer master-planned communities.