8 Lake Forest Road

Bridgwater Forest, Winnipeg

Property score

86.6

Excellent

Overall 86.6 · Compared with neighbourhood average

1,899 sqft (bottom 37%) · Built in 2010 (1 yr older than avg)

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Below average

8% smaller 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)

Sold Count

604

Median price

666k

$/sqft

$295/sqft

Avg build year

2011

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Property score

86.6 is composed by the two sections below.

Property Score

88.0Excellent
Living Area89
1,899 sqftExcellent
Year Built90
2010Excellent
Lot Size81
6,234 sqftExcellent
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
1,899 sqft
0255075100
Same streetTop 50%Same areaBottom 37%CitywideTop 14%
Same street · Lake Forest Road
#16 / 32
Top 50% · Avg 2,039 sqft
Same area · Bridgwater Forest
#709 / 1,121
Bottom 37% · Avg 2,053 sqft
Citywide · Winnipeg
#26,284 / 194,458
Top 14% · Avg 1,342 sqft

Tax-Assessed Value

Elite
972k
0255075100
Same streetTop 16%Same areaTop 9%CitywideTop 1%
Same street · Lake Forest Road
#5 / 32
Top 16% · Avg 732.3k
Same area · Bridgwater Forest
#102 / 1,121
Top 9% · Avg 684.1k
Citywide · Winnipeg
#2,227 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetTop 9%Same areaBottom 33%CitywideTop 11%

Lot Size

above average
6,234 sqft
0255075100
Same streetTop 44%Same areaTop 31%CitywideTop 26%

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

8 Lake Forest Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 137 m).

Search radius
🌳Parks1

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 2/2023CA$850k–900k
Sold price

Same street

Top 32%

Same area

Top 6%

City-wide

Top 1%

Related homes

Highlights & common questions: 8 Lake Forest Road, Winnipeg

Property Overview & Key Characteristics

This well-situated one-storey home in Bridgwater Forest presents a compelling blend of space, recent updates, and strong value metrics. Its key appeal lies in its above-average lot size within the area, a recently renovated basement, and an attached garage. The home was built in 2010, offering modern construction without being brand new. The data suggests a property that has been well-maintained and is assessed at a value significantly higher than most in Winnipeg, indicating solid long-term investment potential.

It would particularly suit first-time buyers or downsizers looking for a manageable single-level layout in a family-oriented neighbourhood, as well as value-conscious buyers who appreciate a home with recent renovations (the basement) and a larger-than-standard yard. The strong assessment and recent sale price rankings suggest it also appeals to those with an eye for equity stability and resale value.


Frequently Asked Questions

1. How does the lot size compare to others nearby?
At over 6,200 square feet, the land area is larger than 56% of lots on the same street and places in the top 44% locally, offering more outdoor space than many comparable properties in Bridgwater Forest.

2. What does the assessed value ranking mean?
The assessment of $97,200 is higher than 99% of properties in Winnipeg, placing it in the top 1%. This suggests the municipal assessment views this property as being in a high-value bracket relative to the broader market, which is a positive indicator of its base value.

3. Has the property been sold recently?
Yes, it was last sold in February 2023 for $86,500. That sale price was higher than 98% of Winnipeg properties sold around that time, demonstrating strong market demand for this home and area.

4. Is the home newer or older for the neighbourhood?
Built in 2010, the home is newer than 91% of the houses on its street, making it one of the more recent constructions in that immediate area, though the neighbourhood overall has a mix of ages.

5. How does the living space compare?
With 1,899 square feet of living area, it offers more space than 88% of homes in Winnipeg, providing ample room. It is roughly average for its specific street but above average for the wider neighbourhood.