Property score
87.8
Excellent
Overall 87.8 · Larger than most nearby homes
2,376 sqft (top 20%) · Built in 2014 (1 yr older than avg)
Located in a high-income area with median household income of ~103k
Transit 64.0 · 7-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
18% larger 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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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
111 Lake Bend Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 362 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 24% | Top 11% | Top 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 37% | Top 38% | Top 7% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 47% | Top 30% | Top 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 111 Lake Bend Road, Bridgwater Lakes
Key Features & Ideal Buyer Profile
This two-storey home in Bridgwater Lakes presents a compelling blend of modern living and established value. Built in 2014, it offers a spacious 2,376 sqft interior on a generous 5,905 sqft lot, with key features including an attached garage and a renovated basement. Its appeal lies in its strong positioning within a desirable, relatively new community. The home ranks consistently above average for Winnipeg in size, assessed value, and recent sale price, suggesting a premium property within a premium area. Notably, its last sale in late 2023 was significantly higher than its 2020 price, indicating robust value appreciation in recent years.
This property is well-suited for buyers seeking a move-in ready, modern family home in a master-planned neighbourhood. It would particularly appeal to those who value space, a renovated lower level for family or entertainment, and a home that stands in the top tier of the city for both living area and assessed value. A thoughtful perspective for potential buyers is to consider the balance of lot size; while the home itself is larger than most in Winnipeg, the lot is more average for its immediate street, suggesting the value is heavily in the structure and finishes. It’s an ideal fit for professionals or growing families looking for a low-maintenance, contemporary community with the perks of newer construction, without being the newest on the block.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Lakes?
The home ranks in the top 20% for living area and top 21% for assessed value within the Bridgwater Lakes neighbourhood, placing it firmly above average. It is a larger, higher-value home within this sought-after community.
2. What does the sale history indicate about the property's value?
The sale history shows strong appreciation, especially between 2020 and 2023. This trend suggests the home has kept pace with or exceeded market gains in the area, reflecting its desirability.
3. Is the lot size typical for the area?
At just under 6,000 sqft, the lot is larger than 73% of properties on Lake Bend Road itself. However, within the wider Bridgwater Lakes neighbourhood, it is a more standard size. The premium is in the home's footprint and finishes.
4. What is the significance of the "renovated basement"?
While specific details aren't provided, a renovated basement in a 10-year-old home typically indicates updated living space that adds immediate functional square footage, such as a rec room, home office, or additional bedroom suite, without the need for future investment.
5. How does the assessed value relate to the likely asking or sale price?
The assessed value of $730k is a municipal valuation for tax purposes. The home last sold for $768k in December 2023, which is a more current indicator of its market value. Any listing price would likely be influenced by this recent sale and current market conditions.
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