94 Lake Forest Road

Bridgwater Forest, Winnipeg

Property score

88.8

Excellent

Overall 88.8 · Older than most nearby homes

2,165 sqft (top 44%) · 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

Near average

5% 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

88.8 is composed by the two sections below.

Property Score

91.6Excellent
Living Area94
2,165 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

above average
2,165 sqft
0255075100
Same streetTop 44%Same areaTop 44%CitywideTop 7%
Same street · Lake Forest Road
#14 / 32
Top 44% · Avg 2,039 sqft
Same area · Bridgwater Forest
#489 / 1,121
Top 44% · Avg 2,053 sqft
Citywide · Winnipeg
#14,058 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.09M
0255075100
Same streetTop 13%Same areaTop 6%CitywideTop 1%
Same street · Lake Forest Road
#4 / 32
Top 13% · Avg 732.3k
Same area · Bridgwater Forest
#69 / 1,121
Top 6% · Avg 684.1k
Citywide · Winnipeg
#1,520 / 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

94 Lake Forest Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 316 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 1/2022CA$0.95M–1M
Sold price

Same street

Top 16%

Same area

Top 4%

City-wide

Top 1%
Sold 6/2017CA$800k–850k
Sold price

Same street

Bottom 47%

Same area

Top 10%

City-wide

Top 2%

Related homes

Highlights & common questions: 94 Lake Forest Road, Winnipeg

Property Overview: 94 Lake Forest Road

Key Characteristics, Appeal & Ideal Buyer

This well-situated one-storey home in Bridgwater Forest sits on a large, 6,658 sqft lot, offering more space than over 90% of homes on its street. Built in 2009, it features a renovated basement and an attached garage. With over 2,165 sqft of living space, it is notably spacious, ranking in the top 6% for size across Winnipeg. Its appeal lies in this combination of a premium lot size, generous interior square footage, and a move-in-ready basement within a sought-after modern community.

The property’s financial metrics are particularly strong. It boasts an assessed value that places it in the top 1% for Winnipeg, and its last two sale prices (2022 and 2017) were significantly higher than the vast majority of comparable sales in the city. This suggests a history of value retention and appeal that outpaces the broader market. It would suit buyers looking for a single-level living layout without compromising on space, and who value a home with demonstrable, above-average market performance in a newer neighbourhood. It’s a solid choice for those prioritizing lot size and interior volume over a newer build date within the community.


Frequently Asked Questions

1. How does the lot size compare to others in the area?
The 6,658 sqft lot is a key feature, ranking larger than 91% of properties on Lake Forest Road and placing it in the top 9% for the street. It offers substantial outdoor space for a home in this community.

2. The home was built in 2009. Is that considered old for Bridgwater Forest?
While the neighbourhood has newer homes, a 2009 build is still modern. The data shows it’s newer than 86% of all homes in Winnipeg, but within Bridgwater Forest itself, it is an older property, ranking in the top 89% (meaning 89% of homes in the neighbourhood are newer).

3. The assessed value seems low compared to the last sale price. Why?
The assessed value of $108,900k is for municipal tax purposes and is typically lower than market value. The more relevant figure is the 2022 sale price of $980k, which reflects what a buyer recently paid in the open market.

4. What does the sales history indicate about the property's value?
The home sold for $810k in 2017 and $980k in 2022. Both sale prices ranked in the top 1-2% for Winnipeg at those times, demonstrating a consistent pattern of achieving premium prices well above city-wide norms.

5. Is the living space typical for a one-storey home?
No, it is exceptionally spacious. With 2,165 sqft, it offers more living area than 94% of all homes in Winnipeg, making it a notably large bungalow-style layout.