395 Oak Lawn Road

Bridgwater Forest, Winnipeg

Property score

80.2

Excellent

Overall 80.2 · Smaller than most nearby homes

1,462 sqft (bottom 10%) · Built in 2011

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

29% 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

80.2 is composed by the two sections below.

Property Score

77.3Good
Living Area1,462 sqft75Good
Year Built201194Excellent
Lot Size4,777 sqft60Fair
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

around average
1,462 sqft
0255075100
Same streetBottom 5%Same areaBottom 10%CitywideTop 33%
Same street · Oak Lawn Road
#83 / 87
Bottom 5% · Avg 2,074 sqft
Same area · Bridgwater Forest
#1,007 / 1,121
Bottom 10% · Avg 2,053 sqft
Citywide · Winnipeg
#63,482 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
503k
0255075100
Same streetBottom 5%Same areaBottom 7%CitywideTop 19%
Same street · Oak Lawn Road
#83 / 87
Bottom 5% · Avg 688.7k
Same area · Bridgwater Forest
#1,037 / 1,121
Bottom 7% · Avg 684.1k
Citywide · Winnipeg
#37,490 / 194,458
Top 19% · Avg 390.1k

Year Built

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

Lot Size

around average
4,777 sqft
0255075100
Same streetBottom 24%Same areaBottom 34%CitywideBottom 39%

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

395 Oak Lawn Road — 9 amenities found within 500 m, across 5 categories, including 2 dining (nearest 270 m), 2 healthcare (nearest 459 m), 2 shopping (nearest 314 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 3/2023CA$500k–550k
Sold price

Same street

Bottom 43%

Same area

Bottom 36%

City-wide

Top 12%

Related homes

Highlights & common questions: 395 Oak Lawn Road, Winnipeg

Property Overview: 395 Oak Lawn Road, Bridgwater Forest

Key Characteristics & Appeal

This 2011-built, single-storey home in the popular Bridgwater Forest neighbourhood sits on a generous, nearly 5,000 sqft lot. Its key features include an attached garage and a full basement (present but not renovated, offering a blank canvas). The home’s primary appeal lies in its established location within a relatively newer community, offering a balance between mature landscaping and modern community planning.

The property presents a clear value proposition for specific buyers. It is well-suited for first-time homeowners or downsizers seeking a manageable single-level layout in a desirable area, where the lot size and location are the main draws. The unrenovated basement and living space, which is modest compared to the lot and some neighbouring homes, indicate this is an opportunity property. It’s ideal for a buyer comfortable with personalizing the space over time, prioritizing land and location in Bridgwater Forest over immediate move-in perfection. A thoughtful perspective is that while the home’s assessed value ranks highly city-wide, its metrics within its immediate street and neighbourhood are more modest, suggesting a property with strong foundational value but surrounded by higher-value homes—a potential for long-term equity growth as the area continues to mature.

Frequently Asked Questions

1. What is the true condition of the basement?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate it as unfinished or in a basic state, requiring investment to become livable space.

2. How does this home compare to others on the street?
Data shows this property ranks in the lower third on Oak Lawn Road for living area, assessed value, and recent sale price. This means it is one of the more accessible entry points onto a street with presumably larger or more updated homes.

3. Is the 2011 build date an advantage?
Yes, a 15-year-old home is newer than 88% of properties in Winnipeg, meaning major components like the roof, windows, and HVAC are likely in good condition but may be approaching the age where routine maintenance or updates should be budgeted for.

4. The lot is large, but what about the house size?
With 1,462 sqft of living space, the home itself is more compact than the lot size might imply. This layout maximizes yard space, which is ideal for those who value outdoor room, but may require efficient use of the interior footprint.

5. Why is there a significant difference between the assessed value and the 2023 sale price?
The assessed value ($50.30k) is for taxation purposes and is not a market valuation. The 2023 sale price of $53.50k is the actual market transaction figure. This large gap is typical and reflects different valuation methods and timelines; the market sale price is the relevant figure for current value discussion.

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