351 Oak Lawn Road

Bridgwater Forest, Winnipeg

Property score

83.5

Excellent

Overall 83.5 · Smaller than most nearby homes

1,751 sqft (bottom 26%) · Built in 2011

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

15% 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

83.5 is composed by the two sections below.

Property Score

82.8Excellent
Living Area1,751 sqft86Excellent
Year Built201194Excellent
Lot Size4,408 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
1,751 sqft
0255075100
Same streetBottom 22%Same areaBottom 26%CitywideTop 19%
Same street · Oak Lawn Road
#68 / 87
Bottom 22% · Avg 2,074 sqft
Same area · Bridgwater Forest
#826 / 1,121
Bottom 26% · Avg 2,053 sqft
Citywide · Winnipeg
#36,932 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
571k
0255075100
Same streetBottom 23%Same areaBottom 29%CitywideTop 10%
Same street · Oak Lawn Road
#67 / 87
Bottom 23% · Avg 688.7k
Same area · Bridgwater Forest
#795 / 1,121
Bottom 29% · Avg 684.1k
Citywide · Winnipeg
#20,091 / 194,458
Top 10% · Avg 390.1k

Year Built

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

Lot Size

around average
4,408 sqft
0255075100
Same streetBottom 3%Same areaBottom 19%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

351 Oak Lawn Road — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 178 m), 2 healthcare (nearest 366 m), 2 shopping (nearest 221 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 7/2022CA$600k–650k
Sold price

Same street

Top 41%

Same area

Top 38%

City-wide

Top 6%

Related homes

Highlights & common questions: 351 Oak Lawn Road, Winnipeg

Property Overview: 351 Oak Lawn Road, Bridgwater Forest

Key Features & Ideal Buyer Profile

This two-storey home in the sought-after Bridgwater Forest community presents a modern, low-maintenance living option. Built in 2011, its key characteristic is being a well-positioned, turn-key property within a newer neighbourhood. The appeal lies in its balance: it offers a renovated basement and an attached garage on a standard-sized lot, without the premium price tag of the area's largest or newest homes. The data suggests it is a solid, middle-tier property within its immediate street and neighbourhood, but ranks notably higher city-wide for its assessed value and recent sale price, indicating strong underlying value for Winnipeg.

It would best suit first-time buyers or young families seeking a move-in ready home in a modern community with amenities, or downsizers looking for a manageable two-storey layout without extensive yard work. A thoughtful perspective is that this home offers the Bridgwater Forest lifestyle at a more accessible entry point, representing a pragmatic choice for those who value the neighbourhood's overall appeal over having the absolute biggest or newest house on the block.

Frequently Asked Questions

1. How does this home truly compare within Bridgwater Forest?
The metrics show it is a comfortably average property within the specific neighbourhood for size, age, and assessed value. Its strength is consistency—it doesn't rank poorly in any major category, making it a stable, predictable choice in a desirable area.

2. The assessed value seems low. Is that a concern?
No, this is common. The municipal assessed value ($57.10k) is for tax purposes and is typically far below market value. The more relevant figure is the 2022 sale price of $62.30k, which placed the home in the top 6% city-wide for sale price at that time, highlighting its market strength.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated, but the specific finishes and scope (e.g., legal suite, bedroom, full bathroom) are not detailed. This would be a key point for your viewing and to discuss with the listing agent.

4. Is the lot size a limitation?
At just over 4,400 sq ft, the lot is standard for the area. It provides adequate private outdoor space for gardening or play without the extensive maintenance of a much larger yard, which can be seen as a benefit for busy households.

5. Why are the nearby comparable properties so different in value?
The listed nearby homes with similar assessed values are in entirely different neighbourhoods, simply showing tax-assessment similarities. For true market comparables, focus on the nearby addresses on Oak Lawn Road and the recent sale history of this specific property.

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