304 Oak Lawn Road

Bridgwater Forest, Winnipeg

Property score

83.7

Excellent

Overall 83.7 · Smaller than most nearby homes

1,666 sqft (bottom 20%) · Built in 2011

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

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 2 healthcare facilitys, 2 shops, and 1 bank/ATM nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer 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

83.7 is composed by the two sections below.

Property Score

83.1Excellent
Living Area1,666 sqft83Excellent
Year Built201194Excellent
Lot Size5,014 sqft67Good
Neighbourhood Sales Activity89Excellent

Community Score

84.5Excellent
Household Income88Excellent
Education Level91Excellent
Housing Stress52Fair
Core Housing Need88Excellent
Employment Health83Excellent

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
1,666 sqft
0255075100
Same streetBottom 14%Same areaBottom 20%CitywideTop 22%
Same street · Oak Lawn Road
#75 / 87
Bottom 14% · Avg 2,074 sqft
Same area · Bridgwater Forest
#900 / 1,121
Bottom 20% · Avg 2,053 sqft
Citywide · Winnipeg
#43,410 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
565k
0255075100
Same streetBottom 17%Same areaBottom 27%CitywideTop 11%
Same street · Oak Lawn Road
#72 / 87
Bottom 17% · Avg 688.7k
Same area · Bridgwater Forest
#822 / 1,121
Bottom 27% · Avg 684.1k
Citywide · Winnipeg
#21,293 / 194,458
Top 11% · Avg 390.1k

Year Built

above average
2011
0255075100
Same streetBottom 37%Same areaTop 34%CitywideTop 10%

Lot Size

around average
5,014 sqft
0255075100
Same streetBottom 30%Same areaBottom 42%CitywideBottom 46%

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

304 Oak Lawn Road — 10 amenities found within 500 m, across 6 categories, including 2 dining (nearest 236 m), 2 healthcare (nearest 431 m), 2 shopping (nearest 283 m).

Search radius
🍽️Dining2
🏥Healthcare2
🛒Shopping2
🏦Finance1
Fuel Stations1
Worship2

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 4/2022CA$600k–650k
Sold price

Same street

Top 38%

Same area

Top 36%

City-wide

Top 6%
Sold 9/2016CA$400k–450k
Sold price

Same street

Bottom 8%

Same area

Bottom 12%

City-wide

Top 24%

Related homes

Highlights & common questions: 304 Oak Lawn Road, Winnipeg

Property Summary: 304 Oak Lawn Road, Bridgwater Forest

Key Characteristics & Appeal

This is a well-maintained two-storey home built in 2011, situated on a generous 5,014 sqft lot in the popular Bridgwater Forest neighbourhood. Its key feature is a renovated basement, adding valuable finished living space to the 1,666 sqft main footprint. The home includes an attached garage.

The appeal lies in a combination of modern convenience and established community. Being a 15-year-old home, major initial settling is complete, yet it remains contemporary. The property’s competitive edge is reflected in its strong value history; its last sale price in 2022 ranks in the top 6% for Winnipeg, indicating a desirable and well-valued asset. While its living area is modest for the street, the renovated basement and large lot offer room to grow and adapt.

This home would suit first-time buyers or young families looking for a move-in-ready property in a sought-after master-planned community, without the premium of a brand-new build. It’s also a sensible choice for value-conscious buyers who appreciate a home with recent updates (the basement) and strong resale metrics, suggesting a sound investment within a stable neighbourhood.


Frequently Asked Questions

1. How does this home compare in size to others on the street?
The living area is 1,666 sqft, which is below the average for Oak Lawn Road. However, this is supplemented by the renovated basement. The lot size of over 5,000 sqft is notably larger than many in the area, offering excellent outdoor space.

2. What does the sold price history indicate?
The home sold for $62,800 in April 2022. Market-wide data shows this price performed exceptionally well, ranking higher than 94% of Winnipeg properties sold at the time, which points to strong buyer confidence in this specific home and location.

3. Is the assessed value the same as the market value?
No. The current assessed value is $56.50k. This is a value for taxation purposes and is typically lower than market value, as evidenced by the home selling for significantly more in 2022. Always rely on a current market evaluation for pricing.

4. What is the neighbourhood ranking based on?
The rankings (e.g., "Top 58% in neighbourhood") compare this property's specific metrics—like lot size, year built, or assessed value—against all other properties in Bridgwater Forest. It’s a relative gauge, showing where this home falls on the spectrum for each characteristic.

5. The home was built in 2011. Are there any concerns with that age?
A 2011 build is past the initial warranty period, meaning a thorough inspection is key. However, this age also means the home benefits from modern building codes and materials, and any early-issue "teething problems" should have already been addressed, offering a balance between newer design and established history.

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