Property score
87.8
Excellent
Overall 87.8 · Larger than most nearby homes
2,459 sqft (top 14%) · Built in 2015
Located in a high-income area with median household income of ~103k
Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
22% larger than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 40%Chinese · 21%
Past 10 years Bridgwater Lakes sales snapshot (~80% of all data)
738
647.5k
$319/sqft
2015
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87.8 is composed by the two sections below.
Property Score
Community Score
Bridgwater Lakes
How to read: Share of sales in each ~$50k price band for “bridgwater lakes” (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: #46111257
$103K
Median household income
$120K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
13%
Single-person households
44%
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
103 Lake Bend Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 349 m).
Bridgwater Lakes · WPS public data · 2026
Annual incidents
2
2026
vs. city avg
-93%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Other
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 18% | Top 8% | Top 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 37% | Top 20% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 103 Lake Bend Road, Bridgwater Lakes
Key Characteristics & Appeal
This two-storey home in Bridgwater Lakes is a modern, well-sized property built in 2015. It sits on a nearly 6,000 sqft lot and features over 2,400 sqft of living space, an attached garage, and a renovated basement. The data suggests a home that has been maintained and updated since its construction.
Its primary appeal lies in its strong standing within the broader Winnipeg market. The living area and assessed value rank in the top 3-5% citywide, indicating a spacious and valuable property compared to most. In the newer Bridgwater Lakes neighbourhood, it ranks highly for size and value, offering a sense of above-average substance for the area. The 2022 sale price shows significant appreciation from its 2016 build price, reflecting the area's growth.
This home would suit buyers looking for a modern, turn-key property in a newer community without sacrificing interior space. It’s ideal for a growing or established family seeking room to spread out, with the added benefit of a finished basement for recreation or guests. A thoughtful perspective: while its street ranking is more moderate, this can represent an opportunity for value within a desirable, high-ranking neighbourhood—a solid home on a good lot, without necessarily paying the premium for the absolute top lot on the block.
Frequently Asked Questions
1. How does this property compare to others on Lake Bend Road?
The home ranks above average on its street for its newer age (top 24%) and living space (top 27%), but is more middle-of-the-pack for lot size and recent sold price. This suggests it's a competitively sized, modern home on this particular street.
2. What does the "renovated basement" likely entail?
While specifics aren't listed, given the home's age (2015), a renovation likely means the basement was finished post-construction, possibly adding legal bedrooms, a living area, or a more modern aesthetic. It's a key upgrade from a standard builder's finish.
3. Has the property held its value?
The sold history shows a clear increase from $690k in 2016 to $825k in 2022. This indicates strong value retention and growth through its first six years, outpacing average neighbourhood and city trends during that period.
4. Is the lot size typical for Bridgwater Lakes?
At just under 5,910 sqft, the lot is larger than 58% of those in the neighbourhood, placing it in the top half. It's a comfortably sized lot for the community, which often features newer homes on relatively smaller, low-maintenance parcels.
5. Why are the assessed value and recent sale price different?
The assessed value ($758k) is for municipal tax purposes and often lags behind the current market. The 2022 sale price ($825k) is a direct market transaction. The difference is normal and suggests the market has recently valued the home higher than its official assessment.
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