82 Lake Forest Road

Bridgwater Forest, Winnipeg

Property score

89.5

Excellent

Overall 89.5 · Larger but older than most nearby homes

2,339 sqft (top 26%) · Built in 2009 (2 yrs 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

14% larger than neighborhood avg.

Year Built

Below average

2 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

89.5 is composed by the two sections below.

Property Score

92.8Excellent
Living Area96
2,339 sqftExcellent
Year Built90
2009Excellent
Lot Size85
6,658 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

Elite
2,339 sqft
0255075100
Same streetTop 31%Same areaTop 26%CitywideTop 4%
Same street · Lake Forest Road
#10 / 32
Top 31% · Avg 2,039 sqft
Same area · Bridgwater Forest
#289 / 1,121
Top 26% · Avg 2,053 sqft
Citywide · Winnipeg
#8,587 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
923k
0255075100
Same streetTop 19%Same areaTop 11%CitywideTop 1%
Same street · Lake Forest Road
#6 / 32
Top 19% · Avg 732.3k
Same area · Bridgwater Forest
#127 / 1,121
Top 11% · Avg 684.1k
Citywide · Winnipeg
#2,674 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2009
0255075100
Same streetTop 44%Same areaBottom 15%CitywideTop 12%

Lot Size

above average
6,658 sqft
0255075100
Same streetTop 9%Same areaTop 23%CitywideTop 20%

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

82 Lake Forest Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 288 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 9/2021CA$850k–900k
Sold price

Same street

Top 37%

Same area

Top 6%

City-wide

Top 1%
Sold 9/2016CA$800k–850k
Sold price

Same street

Bottom 47%

Same area

Top 10%

City-wide

Top 2%

Related homes

Highlights & common questions: 82 Lake Forest Road, Winnipeg

Property Overview & Key Characteristics

This well-situated home in Bridgwater Forest presents a compelling blend of space, established value, and modern convenience. Built in 2009, its key appeal lies in its generous proportions and strong market standing. The 2,339 sqft living area is notably spacious, ranking in the top 4% of Winnipeg, and is situated on a large 6,658 sqft lot. A renovated basement and attached garage add to its functional appeal. The home’s assessed value of $92.30k places it in the top 1% city-wide, indicating a history of above-average valuation growth, which is corroborated by its steady sold price history.

Its appeal is grounded in being a move-in ready, established property in a desirable neighbourhood—offering more space and land than many newer builds without the premium price tag of a brand-new home. It would suit buyers looking for a spacious family home with room to grow, as well as value-conscious purchasers who appreciate concrete metrics. The data suggests it’s particularly suited for someone seeking a property with a proven track record of holding and increasing its value relative to its peers, not just in the immediate area but across Winnipeg.


Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The current assessed value ($92.30k) is higher than the last recorded sale in 2021 ($86.20k), which is typical as assessments aim to reflect market value. The consistent ranking in the top percentiles for assessed value over years suggests the property is consistently viewed as a high-value asset in the municipal system.

2. Is the lot size typical for the area?
Yes, and it’s a standout feature. At 6,658 sqft, the lot is larger than 91% of others on Lake Forest Road, offering more outdoor space and privacy than most in the immediate vicinity.

3. What does the "ranking" data actually tell me?
The percentile rankings (e.g., "Top 4% in Winnipeg" for living area) provide quick, relative benchmarks. They show this home consistently outperforms the majority of comparable properties in its street, neighbourhood, and city for key metrics like size and value, indicating a strong competitive position.

4. The home was built in 2009. What should I consider?
As a 17-year-old home, it’s past the brand-new stage but firmly in the "established" category. Major components like the roof, HVAC, and windows may be nearing or due for routine inspection/replacement, which is a typical consideration. The renovated basement is a positive update.

5. How does this property fit within Bridgwater Forest?
It sits in the upper tier of the neighbourhood for both size and value. While newer than only 11% of area homes, its living area is larger than 82% of them, and its assessed value is higher than 92%. This positions it as a spacious, premium offering within an already sought-after community.