46 Oak Lawn Road

Bridgwater Forest, Winnipeg

Property score

87.0

Excellent

Overall 87.0 · Newer than most nearby homes

2,128 sqft (top 46%) · 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

4% 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)

Sold Count

604

Median price

666k

$/sqft

$295/sqft

Avg build year

2011

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

87.0 is composed by the two sections below.

Property Score

88.7Excellent
Living Area94
2,128 sqftExcellent
Year Built94
2014Excellent
Lot Size60
4,589 sqftFair
Neighbourhood Sales Activity89
Excellent

Community Score

84.5Excellent
Household Income88
Excellent
Education Level91
Excellent
Housing Stress52
Fair
Core Housing Need88
Excellent
Employment Health83
Excellent

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
2,128 sqft
0255075100
Same streetBottom 45%Same areaTop 46%CitywideTop 8%
Same street · Oak Lawn Road
#48 / 87
Bottom 45% · Avg 2,074 sqft
Same area · Bridgwater Forest
#515 / 1,121
Top 46% · Avg 2,053 sqft
Citywide · Winnipeg
#15,352 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
642k
0255075100
Same streetTop 45%Same areaTop 45%CitywideTop 6%
Same street · Oak Lawn Road
#39 / 87
Top 45% · Avg 688.7k
Same area · Bridgwater Forest
#502 / 1,121
Top 45% · Avg 684.1k
Citywide · Winnipeg
#11,016 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
2014
0255075100
Same streetTop 23%Same areaTop 9%CitywideTop 8%

Lot Size

around average
4,589 sqft
0255075100
Same streetBottom 18%Same areaBottom 26%CitywideBottom 36%

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

Search radius
No data within 500 m.

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 8/2024CA$700k–750k
Sold price

Same street

Top 22%

Same area

Top 19%

City-wide

Top 3%

Related homes

Highlights & common questions: 46 Oak Lawn Road, Winnipeg

Property Overview & Key Characteristics

This well-maintained home in Bridgwater Forest is a modern, move-in-ready property built in 2014. Its primary appeal lies in a combination of space, recent updates, and strong value metrics within the wider Winnipeg market. The home features a renovated basement, an attached garage, and a generous living area of over 2,100 sqft on a sizable lot. Data suggests it outperforms most Winnipeg homes in key areas: it's newer than 91% of properties, larger than 93%, and its recent sold price ranks in the top 3% city-wide for value. While its rankings within its immediate street and neighbourhood are more varied, the overall picture is of a solid, contemporary home in a popular area.

The property would suit buyers looking for a modern build without the wait or premium of new construction, who value having renovation work already completed (like the basement), and who prioritize quantifiable market value and space. It's a practical choice for growing families or professionals seeking a established home in a community with room to grow, backed by strong city-wide comparisons.

Frequently Asked Questions

1. How does the property's value compare to its recent sale price?
The home sold for $71,900 in August 2024, which is notably higher than its $64,200 assessed value. This suggests strong market demand and that buyers were willing to pay a premium over the municipal assessment at that time.

2. What do the ranking percentages actually mean for daily living?
While the home ranks highly city-wide for size and newness, its street-level rankings are more moderate. This indicates you're getting a above-average Winnipeg home for your money, but on Oak Lawn Road itself, the lot, living area, and age are more typical of the street's mix. The appeal is in getting a superior city property in a good neighbourhood.

3. Is the renovated basement a legal suite?
The provided details state the basement is renovated but do not specify if it's a legal, rentable suite. This is a crucial point to verify with the listing agent or city records, as it impacts value, utility, and insurance.

4. The home is newer than 91% of Winnipeg, but what does "12 years old" mean for maintenance?
A 2014 build is modern but is now entering a period where original components may need attention or updating. While major systems are likely in good shape, buyers should consider the natural lifecycle of items like the roof, HVAC, and appliances, which may be nearing mid-life.

5. How does the lack of a pool affect the property's appeal in this market?
Given the climate and the family-oriented nature of Bridgwater Forest, the absence of a pool is typical and may even be preferred by buyers seeking lower maintenance and a larger usable yard space for other activities. The value is directed into living space and lot size instead.