113 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

87.8

Excellent

Overall 87.8 · Larger than most nearby homes

2,406 sqft (top 18%) · Built in 2013 (2 yrs older than avg)

Located in a high-income area with median household income of ~103k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 shop, and 2 parks nearby

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 40%Chinese · 21%

Past 10 years Bridgwater Lakes sales snapshot (~80% of all data)

Sold Count

738

Median price

647.5k

$/sqft

$319/sqft

Avg build year

2015

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Property score

87.8 is composed by the two sections below.

Property Score

91.4Excellent
Living Area2,406 sqft96Excellent
Year Built201394Excellent
Lot Size5,805 sqft74Good
Neighbourhood Sales Activity79Good

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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: #46111257

Community deep dive

$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

Population, labour & age

Population (2021)11,365
Labour force participation rate77%
Median age30.4
Avg household size3.1
Unemployment rate8%
Population density1696 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households13%
Couple families with children44%
Median household income (2020)$103K

Housing

Renter households21%
Condominium dwellings14%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority69%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 39%
Mother tongue (2nd)Chinese · 20%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,406 sqft
0255075100
Same streetTop 11%Same areaTop 18%CitywideTop 4%
Same street · Sablewood Road
#8 / 76
Top 11% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#215 / 1,191
Top 18% · Avg 2,018 sqft
Citywide · Winnipeg
#7,148 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
701k
0255075100
Same streetTop 13%Same areaTop 27%CitywideTop 4%
Same street · Sablewood Road
#10 / 76
Top 13% · Avg 583.3k
Same area · Bridgwater Lakes
#318 / 1,191
Top 27% · Avg 688.3k
Citywide · Winnipeg
#7,481 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
2013
0255075100
Same streetTop 17%Same areaBottom 33%CitywideTop 9%

Lot Size

above average
5,805 sqft
0255075100
Same streetTop 20%Same areaTop 49%CitywideTop 37%

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

113 Sablewood Road — 3 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 449 m), 2 parks (nearest 343 m).

Search radius
🛒Shopping1
🌳Parks2

Crime & Safety

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%

Sales History

Sold 5/2016CA$500k–550k
Sold price

Same street

Top 30%

Same area

Bottom 44%

City-wide

Top 12%

Related homes

Highlights & common questions: 113 Sablewood Road, Winnipeg

Property Overview & Appeal

This two-storey home in Bridgwater Lakes presents a compelling blend of modern comfort and established value. Its key characteristics include a renovated basement, an attached garage, and a generous 2,406 sqft of living space on a large 5,805 sqft lot. Built in 2013, the home is past its initial settling period but remains modern, offering a balance between newer construction and proven neighbourhood maturity.

The appeal lies in its strong positional value within a desirable, newer community. The data indicates it ranks highly against most Winnipeg homes for size, assessed value, and newness, suggesting a quality build in a prime area. It particularly stands out on its own street, ranking in the top 20% for lot size and the top 11% for living area. The renovated basement adds immediate functional living space. This property would ideally suit growing families or professionals seeking a spacious, turn-key home in a planned community, who appreciate quantifiable value metrics and the stability of an established, yet not old, property.

Frequently Asked Questions

1. What does the "rank" data actually tell me?
It provides a data-driven snapshot of how this property compares to others. For instance, ranking better than 97% of Winnipeg homes for living area means it's exceptionally spacious city-wide. This helps gauge premium features against local and city-wide benchmarks.

2. The assessed value is significantly higher than the last sold price in 2016. Is this a concern?
Not inherently. The increase reflects market appreciation over eight years and the value added by renovations like the basement. The assessed value is the city's estimate for tax purposes, while the sale price will be determined by current market conditions.

3. The home ranks lower for "newness" within its neighbourhood. Why?
Bridgwater Lakes has been developed in phases. While the home is only 13 years old, newer phases with more recent builds exist within the same broader neighbourhood, affecting this specific ranking. It remains newer than 90% of all homes in Winnipeg.

4. What is the likely character of the street given the data?
With high rankings for lot and home size, Sablewood Road appears to consist of substantial, family-sized homes. The fact it outperforms 80% of the street for lot size suggests a premium, established streetscape within the community.

5. Are the "similar assessed value" properties direct comparisons?
They are financial comparables for tax assessment, not necessarily style or community matches. They show the city values these diverse properties similarly, but factors like location, condition, and layout will create different market values.

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