35 Lake Forest Road

Bridgwater Forest, Winnipeg

Property score

83.0

Excellent

Overall 83.0 · Smaller than most nearby homes

1,748 sqft (bottom 26%) · Built in 2010 (1 yr older than avg)

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Below average

15% 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)

Sold Count

604

Median price

666k

$/sqft

$295/sqft

Avg build year

2011

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Property score

83.0 is composed by the two sections below.

Property Score

82.0Excellent
Living Area1,748 sqft86Excellent
Year Built201090Excellent
Lot Size4,063 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
1,748 sqft
0255075100
Same streetBottom 34%Same areaBottom 26%CitywideTop 19%
Same street · Lake Forest Road
#21 / 32
Bottom 34% · Avg 2,039 sqft
Same area · Bridgwater Forest
#833 / 1,121
Bottom 26% · Avg 2,053 sqft
Citywide · Winnipeg
#37,155 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
566k
0255075100
Same streetBottom 31%Same areaBottom 27%CitywideTop 11%
Same street · Lake Forest Road
#22 / 32
Bottom 31% · Avg 732.3k
Same area · Bridgwater Forest
#818 / 1,121
Bottom 27% · Avg 684.1k
Citywide · Winnipeg
#21,084 / 194,458
Top 11% · Avg 390.1k

Year Built

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

Lot Size

below average
4,063 sqft
0255075100
Same streetBottom 12%Same areaBottom 6%CitywideBottom 27%

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

35 Lake Forest Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 169 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 3/2024CA$550k–600k
Sold price

Same street

Bottom 16%

Same area

Bottom 42%

City-wide

Top 11%
Sold 6/2017CA$450k–500k
Sold price

Same street

Bottom 5%

Same area

Bottom 24%

City-wide

Top 17%

Related homes

Highlights & common questions: 35 Lake Forest Road, Winnipeg

Property Overview: 35 Lake Forest Road, Bridgwater Forest

Key Characteristics & Appeal

This is a well-maintained, two-storey home built in 2010, situated on a spacious 4,063 sqft lot in the popular Bridgwater Forest neighbourhood. Its key appeal lies in a balance of modern living and established community. The home features 1,748 sqft of living space and a renovated basement, adding valuable finished area. An attached garage provides practical convenience.

The property’s strength is its relative newness and lot size within its immediate context. It is newer than 91% of homes on its street and sits on a larger-than-average parcel for the area. Recent sale history shows steady value appreciation, with a sale in March 2024 at $550,000. Its current assessed value is notably lower than recent sale prices, which may be a point of interest for buyers.

This home would suit first-time buyers or young families looking for a move-in ready property in a master-planned community with amenities, without the premium of a brand-new build. It also appeals to the practical buyer who values a renovated basement and a larger lot—features that can be harder to find in newer subdivisions. The numbers suggest it offers solid value within its specific street and neighbourhood, rather than standing out as a top-tier property in the wider city market, making it a grounded, sensible choice.

Frequently Asked Questions

1. How does this home compare to others on the street?
It ranks highly for its year built (newer than 91% of the street) and lot size. Its living area and recent sale price are more in the middle of the pack for Lake Forest Road, positioning it as a solid, average-to-above-average home on this specific street.

2. What does the sale history indicate?
The home sold for $490,000 in 2017 and $550,000 in March 2024. This indicates a steady appreciation in value over seven years, consistent with market trends in the area.

3. Is the assessed value a reliable indicator of the market price?
No, the current assessed value of $56,600 is for municipal tax purposes and is significantly disconnected from the market reality, as demonstrated by the 2024 sale price of $550,000. Buyers should rely on recent comparable sales, not the assessment, to determine value.

4. What are the less obvious considerations of the neighbourhood rankings?
The data shows this property ranks in the top 94% for lot size within Bridgwater Forest, meaning lots are typically smaller here. This actually highlights that this home’s lot is a relative strength within this modern neighbourhood. Conversely, its "top 73%" ranking for size city-wide confirms that larger lots can be found in older Winnipeg neighbourhoods.

5. What type of buyer might this not suit?
Buyers seeking a premier, top-of-the-market home in Winnipeg may find the rankings (which are often average within the city-wide context) less appealing. It may also not suit those wanting an older, character-filled home or a much larger interior square footage, as it is a standard suburban two-storey model.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.