Property score
87.7
Excellent
Overall 87.7 · Newer than most nearby homes
2,252 sqft (top 37%) · Built in 2014 (3 yrs newer than avg)
Located in a high-income area with median household income of ~109k
Transit 80.0 · 3-min walk to transit with 3 nearby routes
Living Area
Near average
10% larger than neighborhood avg.
Year Built
Above average
3 yrs newer 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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87.7 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
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 | Bottom 41% | Bottom 33% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 38 Oak Lawn Road, Bridgwater Forest
Key Characteristics & Appeal
This well-presented two-storey home in the popular Bridgwater Forest community offers modern living in a sought-after area. Built in 2014, it sits on a generous 4,589 sqft lot and features 2,252 sqft of living space, an attached garage, and a renovated basement. The home’s assessed value of $660k ranks it within the top tier for both the neighbourhood and the wider city, indicating strong built-in equity and above-average desirability.
Its primary appeal lies in its balance of space, modernity, and location. The renovated basement adds immediate functional living area without the need for a project. While the lot size is above average for the street, the home’s true standout metrics are its living area and assessed value, which rank in the top 5% and 4% citywide, respectively. This suggests a property that offers more interior space and perceived value than the vast majority of Winnipeg homes.
This property would suit growing families or professionals seeking a move-in ready home in a modern suburb. It’s particularly well-matched for buyers who prioritize interior square footage and recent builds, and who value the community amenities and planned feel of Bridgwater Forest. The strong assessment value also makes it a sensible consideration for those viewing a home as a long-term investment.
Frequently Asked Questions
1. How does the 2020 sale price compare to the current asking price?
The home sold for $520,200 in February 2020. The current assessed value is $660,000. This difference reflects market appreciation and any renovations completed since that sale, notably the basement renovation mentioned.
2. What do the ranking percentages (e.g., "Top 37%") actually mean?
These rankings compare this specific property against all others in the stated area (street, neighbourhood, or city) for that metric. For example, its living area is larger than 95% of homes in Winnipeg (Top 5%), meaning it is exceptionally spacious by city standards.
3. The lot is ranked "better than 18% in same street." Is that a concern?
This indicates the lot size is on the smaller side for Oak Lawn Road itself, but it's still a substantial 4,589 sqft lot that is above average for the broader Bridgwater Forest neighbourhood. It suggests homes on this street may have varied lot sizes, with this one being more typical of the modern community standard.
4. Is the home’s age (2014) an advantage?
Yes. Being 12 years old places it in a sweet spot: major components are still relatively new and under warranty periods, but any initial "newness" issues have likely been resolved. It ranks as newer than 91% of Winnipeg homes, offering modern construction without the premium price of a brand-new build.
5. What is indicated by the "Similar Assessed Value" properties listed?
These are homes across Winnipeg that share the same municipal assessed value ($660k). They are not necessarily similar in style or location but indicate what price point the market correlates with this assessment. It shows that at this value point, buyers may be comparing diverse neighbourhoods and home types.
