Property score
86.6
Excellent
Overall 86.6 · Compared with neighbourhood average
1,860 sqft (bottom 35%) · 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
Below average
9% smaller 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)
604
666k
$295/sqft
2011
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86.6 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
32 Lake Forest Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 182 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 | Top 42% | Top 8% | Top 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 37% | Top 14% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 32 Lake Forest Road, Bridgwater Forest
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Bridgwater Forest offers a blend of space, modern updates, and established community living. Its key characteristics include a renovated basement, an attached garage, and a generous 6,428 sqft lot, placing it in the top quarter for land size on its street. Built in 2010, the house is newer than most in Winnipeg, providing modern construction standards without the premium of a brand-new build.
The appeal lies in its balanced profile. It’s a home that ranks highly for its assessed value relative to the city, suggesting a solid investment foundation. The lot size offers ample outdoor space for gardening or recreation, which is a notable feature in a newer community. The already-completed basement renovation adds immediate liveable space without the need for future projects.
This property would suit a few buyer types well: young families looking for a move-in ready home with room to grow in a family-oriented neighbourhood; downsizers seeking single-level living without sacrificing yard space; and value-conscious buyers who appreciate a home that stands out for its lot size and assessment value within its competitive market segment.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,860 sqft, the living area is above average for Winnipeg and typical for the Bridgwater Forest neighbourhood. It offers comfortable space for a family, though some immediate neighbours may have slightly larger or smaller footprints.
2. What does the high assessed value ranking indicate?
The assessment ranks in the top 2% for Winnipeg and top 11% in the neighbourhood. This typically reflects the property's combination of lot size, building quality, and updates relative to others, which can be a positive indicator for municipal valuation and potential equity.
3. Is the neighbourhood established?
Yes. With homes dating back to 2009/2010, Bridgwater Forest is no longer a brand-new development. This means mature landscaping, established community dynamics, and settled infrastructure, but the home itself is still relatively modern.
4. Based on past sales, has the property appreciated?
The last recorded sale was in November 2021 for $830,000. Prior to that, it sold in September 2016 for $750,000. This shows historical appreciation over that five-year period, though any current market value would be subject to present conditions.
5. What are the less obvious considerations?
While the home is newer than most in the city, it is now 16 years old, so standard components like the roof, HVAC, or major appliances may be entering a stage where future maintenance or replacement should be budgeted for. Additionally, the lot is large, which is a premium feature, but also entails corresponding maintenance in terms of lawn care, gardening, or snow clearing.
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