403 Oak Lawn Road

Bridgwater Forest, Winnipeg

Property score

89.6

Excellent

Overall 89.6 · Compared with neighbourhood average

2,293 sqft (top 33%) · 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: 2 dining spots, 2 healthcare facilitys, 2 shops, and 1 bank/ATM nearby

Living Area

Near average

12% larger 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

89.6 is composed by the two sections below.

Property Score

93.0Excellent
Living Area2,293 sqft96Excellent
Year Built201194Excellent
Lot Size6,482 sqft81Excellent
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

Elite
2,293 sqft
0255075100
Same streetTop 30%Same areaTop 33%CitywideTop 5%
Same street · Oak Lawn Road
#26 / 87
Top 30% · Avg 2,074 sqft
Same area · Bridgwater Forest
#367 / 1,121
Top 33% · Avg 2,053 sqft
Citywide · Winnipeg
#9,898 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
628k
0255075100
Same streetBottom 48%Same areaTop 50%CitywideTop 6%
Same street · Oak Lawn Road
#45 / 87
Bottom 48% · Avg 688.7k
Same area · Bridgwater Forest
#560 / 1,121
Top 50% · Avg 684.1k
Citywide · Winnipeg
#12,159 / 194,458
Top 6% · Avg 390.1k

Year Built

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

Lot Size

above average
6,482 sqft
0255075100
Same streetTop 17%Same areaTop 25%CitywideTop 23%

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

403 Oak Lawn Road — 10 amenities found within 500 m, across 6 categories, including 2 dining (nearest 244 m), 2 healthcare (nearest 435 m), 2 shopping (nearest 289 m).

Search radius
🍽️Dining2
🏥Healthcare2
🛒Shopping2
🏦Finance1
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 9/2020CA$500k–550k
Sold price

Same street

Bottom 46%

Same area

Bottom 37%

City-wide

Top 12%
Sold 7/2016CA$450k–500k
Sold price

Same street

Bottom 24%

Same area

Bottom 22%

City-wide

Top 18%

Related homes

Highlights & common questions: 403 Oak Lawn Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Forest is a well-situated, modern property built in 2011. Its primary appeal lies in its generous proportions and established yet relatively new neighbourhood setting. The home sits on a large 6,482 sqft lot, which is more spacious than most in the area, and offers over 2,200 sqft of living space, placing it in the top tier of homes in Winnipeg for size. A renovated basement and attached garage add to its functional appeal. The property’s assessed value ranks highly city-wide, suggesting a solid and desirable asset. It would particularly suit growing families or professionals seeking a move-in ready home in a popular suburban community, with the space and modern foundation to build upon without needing immediate major updates.

Key Considerations & FAQs

While the home shows strong rankings for size and value, a few points merit closer attention. The sale history indicates the last purchase was in 2020 for $53.70k, which is significantly lower than both the current assessed value and nearby comparable sales. A buyer would need to clarify this with their agent, as it may reflect a non-arms-length transaction or specific circumstance, not the market value. Additionally, while the home is newer, being 15 years old means systems like the roof, HVAC, or major appliances may be nearing their typical lifespans and should be inspected.

Frequently Asked Questions

1. Is the lot size a major advantage?
Yes. The lot is larger than 83% of others on the street and 75% in the neighbourhood, offering more outdoor space and privacy than many newer Bridgwater Forest properties.

2. How does the assessed value compare to recent sales?
The assessed value of $62.80k ranks highly city-wide. However, the last recorded sale in 2020 was for $53.70k. It's essential to have your agent analyze current comparable sales to understand the true market value.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing or inquiry with the listing agent is necessary to determine the finish quality, layout, and whether it includes legal egress or a separate entrance.

4. Is the home in a desirable location within Bridgwater Forest?
The data shows the property ranks highly for lot and living area size within the street and neighbourhood, suggesting it's in a premium section of this popular community.

5. What should I investigate given the home's age?
Built in 2011, major components like the roof, windows, furnace, and air conditioner are likely original. A thorough home inspection is recommended to assess their remaining service life and plan for potential future replacements.

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