Property score
90.1
Excellent
Overall 90.1 · Larger than most nearby homes
2,840 sqft (top 4%) · Built in 2015
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
Above average
41% 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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90.1 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
118 Lake Bend Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 321 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 12% | Top 3% | Top 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 10% | Top 3% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 118 Lake Bend Road, Bridgwater Lakes
Key Features & Ideal Buyer
This two-storey home in Bridgwater Lakes is a standout property built in 2015, offering a blend of modern living, space, and established community appeal. Its key characteristics include a generous 2,840 sqft of living space, a renovated basement, an attached garage, and a private pool situated on a large 7,512 sqft lot.
The appeal lies in its top-tier positioning within multiple contexts. The home ranks in the top 10-15% for lot size, living area, and assessed value not just on its street, but across the entire city of Winnipeg. This indicates a property that is both spacious and financially substantial relative to the market. The inclusion of a pool and a finished basement adds significant recreational and functional space. A thoughtful perspective is that this home has transitioned past its "brand new" phase, meaning any initial development kinks are likely resolved, while major components are still comfortably within their lifespan. It suits buyers looking for a move-in ready, premium family home in a sought-after neighbourhood—specifically, those who value space, privacy, and amenities like a pool, and who appreciate a property with strong, data-backed equity and stature in the broader market.
Frequently Asked Questions
1. How does the assessed value compare to recent sales?
The current assessed value is $133.90k. The home last sold in March 2019 for $98.80k, and prior to that in March 2016 for $101.10k, indicating a significant increase in its assessed valuation over the past several years.
2. Is the lot size typical for the area?
No, the 7,512 sqft lot is notably larger, ranking better than 89% of lots on Lake Bend Road and placing it in the top 11% for the street.
3. What does the "renovated basement" entail?
The listing confirms the basement is finished and has been renovated, but specific details on the scope, quality, or permitted status of the renovation would require inquiry with the seller or a viewing.
4. How does the living space compare to nearby homes?
With 2,840 sqft, this home is exceptionally spacious, ranking in the top 6% on its street and the top 4% within the Bridgwater Lakes neighbourhood.
5. The home was built in 2015. What should I consider about its age?
At 11 years old, major systems like the roof, HVAC, and appliances are potentially approaching mid-life, so a thorough inspection is wise. Conversely, the neighbourhood and landscaping are now well-established, offering a mature setting newer subdivisions may lack.
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