Property score
90.9
Excellent
Overall 90.9 · Larger than most nearby homes
3,058 sqft (top 2%) · Built in 2010 (1 yr older 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 · Within 500m: 1 park nearby
Living Area
Above average
49% larger than neighborhood avg.
Year Built
Below average
1 yrs older 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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90.9 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
78 Lake Forest Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 274 m).
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 | Top 11% | Top 3% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 78 Lake Forest Road, Bridgwater Forest
Key Characteristics & Appeal
This two-storey home in Bridgwater Forest is a standout property defined by its generous space and established desirability. Built in 2010, it sits on a large 6,658 sqft lot and offers over 3,000 sqft of living area, placing it in the top tier of homes in Winnipeg for size. Its appeal lies in a combination of move-in-ready features, like a renovated basement, and strong long-term fundamentals. The property ranks exceptionally well for its assessed value and previous sale price within its immediate street and the wider city, suggesting a history of value retention and appeal.
The home would suit buyers looking for a spacious, modern family home in a sought-after newer community. It’s particularly well-matched for those who prioritize above-average interior and exterior space and appreciate a property with proven market performance. A less obvious perspective is its appeal to value-conscious buyers who see strength in the numbers; the consistent top-tier rankings across key metrics (size, value, past sale price) indicate a property that has consistently outperformed its peers, which can be a sign of stability and sound investment within its category.
Frequently Asked Questions
1. How does the assessed value compare to the likely market price?
The assessed value is a municipal figure for tax purposes and is typically lower than market value. This home’s assessed value ranks in the top 0% in Winnipeg, indicating the city recognizes it as a high-value property, but the actual sale price will be determined by current market conditions.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand if it’s a finished recreational space, includes additional bedrooms, or has a separate entrance.
3. The home sold in 2016. What does that history tell us?
The 2016 sale price was significantly higher than the current assessed value and ranked in the top 1% in the city at that time. This indicates the home has a history of commanding premium prices, which can be a positive signal, though it doesn’t guarantee future performance.
4. The lot is large, but what is the backyard like?
With a lot size better than 91% of homes on its street, the property has ample outdoor space. The specific orientation, landscaping, and privacy of the backyard would need to be verified by a viewing, as these are not detailed in the data.
5. The neighbourhood rankings vary—is this a good area?
The data shows the home itself ranks highly within Bridgwater Forest for size and value. However, the neighbourhood ranking for the year built is lower, meaning many nearby homes are newer. This suggests the immediate area has continued to develop, potentially offering a blend of established landscaping with a still-evolving community feel.
