Property score
88.0
Excellent
Overall 88.0 · Compared with neighbourhood average
1,942 sqft (bottom 47%) · Built in 2014 (1 yr older than avg)
Located in a high-income area with median household income of ~103k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Near average
1 yrs older 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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88.0 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
106 Lake Bend Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 304 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 14% | Top 4% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 106 Lake Bend Road
Key Characteristics & Appeal
This well-established home in Bridgwater Lakes is a standout property built in 2014. Its primary appeal lies in a combination of above-average space, a desirable location within the community, and significant long-term value. The home sits on a large 7,511 sqft lot, placing it in the top 13% for size on its street, and features a renovated basement and an attached garage. While the living area is more modest relative to the lot size, the property’s assessed value is notably high, ranking in the top 1% for Winnipeg, suggesting it is viewed as a premium asset.
Its appeal is strongest for practical, value-oriented buyers. It would suit a young family seeking a spacious yard in a mature, newer neighbourhood, or an investor/owner who recognizes the value in a property with an assessment significantly below its last sale price—indicating potential equity or a unique valuation position. A less obvious perspective is that this home may offer more relative privacy and outdoor space than newer builds in the area, which often come with smaller lots. It’s a property for someone who prioritizes land and established community character over having the newest floor plan.
Frequently Asked Questions
1. Why is the assessed value so much lower than the last sale price?
Property assessments for tax purposes often lag behind market sale prices and are based on mass appraisal techniques. This discrepancy can indicate strong market appreciation since the last sale or specific features the market values highly that aren't fully captured in the assessment.
2. How does the living space compare to the neighbourhood?
At 1,942 sqft, the living area is slightly below the neighbourhood median. This suggests the home’s value is driven more by its large lot, renovated basement, and location rather than sheer interior size.
3. What does the lot size mean for me?
A lot size in the top 13% on the street provides ample outdoor space for gardening, recreation, or future additions like a deck or shed, which is a growing rarity in newer subdivisions.
4. The home was built in 2014. What does that imply?
A 12-year-old home is past its initial "newness" but is still modern. Major components like the roof, furnace, and windows are likely still in good condition, potentially offering a balance of contemporary standards without the premium price of a brand-new build.
5. Who would this property not suit?
Buyers seeking a turn-key, ultra-modern home with the latest open-concept layouts may find the interior space configuration or style dated. It’s also less suited for those who prefer a low-maintenance lifestyle with minimal yard work.
