391 Oak Lawn Road

Bridgwater Forest, Winnipeg

Property score

87.7

Excellent

Overall 87.7 · Newer than most nearby homes

1,800 sqft (bottom 31%) · Built in 2012 (1 yr newer than avg)

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 2 healthcare facilitys, 2 shops, and 1 bank/ATM nearby

Living Area

Below average

12% 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

87.7 is composed by the two sections below.

Property Score

89.9Excellent
Living Area1,800 sqft89Excellent
Year Built201294Excellent
Lot Size7,496 sqft88Excellent
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
1,800 sqft
0255075100
Same streetBottom 25%Same areaBottom 31%CitywideTop 17%
Same street · Oak Lawn Road
#65 / 87
Bottom 25% · Avg 2,074 sqft
Same area · Bridgwater Forest
#778 / 1,121
Bottom 31% · Avg 2,053 sqft
Citywide · Winnipeg
#33,380 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
559k
0255075100
Same streetBottom 14%Same areaBottom 24%CitywideTop 12%
Same street · Oak Lawn Road
#75 / 87
Bottom 14% · Avg 688.7k
Same area · Bridgwater Forest
#852 / 1,121
Bottom 24% · Avg 684.1k
Citywide · Winnipeg
#22,621 / 194,458
Top 12% · Avg 390.1k

Year Built

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

Lot Size

above average
7,496 sqft
0255075100
Same streetTop 10%Same areaTop 16%CitywideTop 14%

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

391 Oak Lawn Road — 9 amenities found within 500 m, across 5 categories, including 2 dining (nearest 285 m), 2 healthcare (nearest 472 m), 2 shopping (nearest 328 m).

Search radius
🍽️Dining2
🏥Healthcare2
🛒Shopping2
🏦Finance1
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 7/2019CA$450k–500k
Sold price

Same street

Bottom 22%

Same area

Bottom 21%

City-wide

Top 19%

Related homes

Highlights & common questions: 391 Oak Lawn Road, Winnipeg

Property Overview: 391 Oak Lawn Road, Bridgwater Forest

Key Characteristics & Ideal Buyer

This two-storey home in the sought-after Bridgwater Forest community presents a compelling blend of space, modern updates, and established neighbourhood living. Built in 2012, its key characteristics include a generous 7,496 sqft lot—ranking larger than 90% of properties on its street—and 1,800 sqft of living space. A recently renovated basement and an attached garage add to its functional appeal.

The property’s primary appeal lies in its balance. It offers a substantial lot in a mature, top-tier neighbourhood without the premium price of a brand-new build. The data suggests a home that is well-situated within Winnipeg, ranking better than 86% of the city for lot size and being newer than 89% of Winnipeg homes. This positions it as a "move-in ready" opportunity in a community where newer construction typically comes at a higher cost. It would suit practical buyers looking for a family-friendly neighbourhood with established amenities, green spaces, and trails. It’s particularly well-matched for those who value outdoor space and a renovated interior over having the absolute newest construction on the block, offering a smart entry point into a high-demand area.

Frequently Asked Questions

1. How does the current assessed value relate to the likely asking or market price?
The provided assessed value is a municipal figure for tax purposes and is typically not the market price. Market value is determined by recent sales of comparable homes, current demand, and the property's specific condition. Consulting a local real estate agent for a comparative market analysis is essential.

2. The lot size is a standout feature. What are the potential benefits and responsibilities?
A lot larger than most on the street offers great potential for gardening, play space, or future additions like a deck or shed. However, it also means higher maintenance (more lawn to mow, garden beds to manage) and potentially higher water bills for irrigation.

3. The home was last sold in 2019. What might have changed since then?
Since the 2019 sale, the owners have undertaken a basement renovation. It’s important to request details on the scope, permits, and quality of this renovation, as it significantly adds to the home’s liveable space and value.

4. The "Sold" price rank appears low. What does this indicate?
The data shows the 2019 sale price ranked below many comparable sales at that time. This does not reflect today’s market value. It may indicate a well-priced purchase then or unique circumstances of that sale. Current value will be driven by today’s market conditions and the home’s updated state.

5. What is the community of Bridgwater Forest like for day-to-day living?
Bridgwater Forest is a master-planned community known for its parks, ponds, and extensive pathway networks. It is family-oriented with nearby schools and planned commercial centres. Residents should be aware that some retail amenities are still developing, and reliance on nearby areas for certain shopping needs is common.

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