347 Oak Lawn Road

Bridgwater Forest, Winnipeg

Property score

81.0

Excellent

Overall 81.0 · Smaller but newer than most nearby homes

1,501 sqft (bottom 12%) · Built in 2012 (1 yr newer than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 2 shops, and 2 bank/ATMs nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Above average

1 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

81.0 is composed by the two sections below.

Property Score

78.6Good
Living Area1,501 sqft79Good
Year Built201294Excellent
Lot Size4,407 sqft53Fair
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
1,501 sqft
0255075100
Same streetBottom 8%Same areaBottom 12%CitywideTop 30%
Same street · Oak Lawn Road
#80 / 87
Bottom 8% · Avg 2,074 sqft
Same area · Bridgwater Forest
#987 / 1,121
Bottom 12% · Avg 2,053 sqft
Citywide · Winnipeg
#59,072 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

above average
530k
0255075100
Same streetBottom 9%Same areaBottom 14%CitywideTop 15%
Same street · Oak Lawn Road
#79 / 87
Bottom 9% · Avg 688.7k
Same area · Bridgwater Forest
#967 / 1,121
Bottom 14% · Avg 684.1k
Citywide · Winnipeg
#29,752 / 194,458
Top 15% · Avg 390.1k

Year Built

above average
2012
0255075100
Same streetTop 49%Same areaTop 19%CitywideTop 10%

Lot Size

around average
4,407 sqft
0255075100
Same streetBottom 2%Same areaBottom 18%CitywideBottom 33%

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

347 Oak Lawn Road — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 168 m), 2 healthcare (nearest 358 m), 2 shopping (nearest 212 m).

Search radius
🍽️Dining3
🏥Healthcare2
🛒Shopping2
🏦Finance2
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 12/2019CA$400k–450k
Sold price

Same street

Bottom 1%

Same area

Bottom 6%

City-wide

Top 29%

Related homes

Highlights & common questions: 347 Oak Lawn Road, Winnipeg

Property Overview & Key Characteristics

This 2012-built, single-storey home in Bridgwater Forest offers a practical, low-maintenance living format on a good-sized lot. Its key appeal lies in its modern build age, which places it among the newer homes in Winnipeg, and its attached garage. The 1,501 sqft living area is comfortable for a smaller household. The property sits on a 4,407 sqft lot, providing decent outdoor space in a community known for its planned feel and amenities.

The home would suit first-time buyers or downsizers looking for a modern, single-level layout in a popular suburban neighbourhood. Its assessed value is notably higher than its last sale price in 2019, which may attract buyers looking for established equity. A thoughtful perspective is that while the home ranks lower on metrics like living area within its immediate street, its overall newer build age compared to the wider city offers a balance between contemporary infrastructure and a settled community.

Frequently Asked Questions

1. What does the "rank" information mean?
The rankings compare this property against others on the same street, in Bridgwater Forest, and across Winnipeg. For example, being "better than 89% in Winnipeg" for year built means it is newer than most homes in the city, a positive attribute.

2. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is likely an unfinished space that offers potential for future expansion or storage.

3. Why is the current assessed value so much higher than the 2019 sale price?
The assessed value of $530k reflects the municipality's current valuation for tax purposes, influenced by market trends. The 2019 sale at $420k is a historical data point, and the difference highlights the market appreciation over that period.

4. How does this home compare to others on the street?
The data shows this home has a larger lot but a smaller living area than most direct neighbours. This suggests a trade-off: more private outdoor space versus potentially less indoor square footage compared to nearby houses.

5. What is the neighbourhood like?
Bridgwater Forest is a master-planned community in Winnipeg with parks, pathways, and newer amenities. The provided list of nearby properties on Oak Lawn Road indicates a consistent, modern streetscape typical of such developments.

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