Property score
83.0
Excellent
Overall 83.0 · Smaller and older than most nearby homes
1,718 sqft (bottom 30%) · Built in 2012 (3 yrs older than avg)
Located in a high-income area with median household income of ~103k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 shop, and 2 parks nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Below average
3 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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83.0 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
118 Sablewood Road — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 483 m), 1 shopping (nearest 413 m), 2 parks (nearest 387 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 48% | Bottom 33% | Top 15% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 5% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 118 Sablewood Road, Bridgwater Lakes
Key Characteristics & Appeal
This is a well-maintained, two-storey home built in 2012, situated on a generous 4,614 sqft lot in the modern Bridgwater Lakes community. With 1,718 sqft of living space, a detached garage, and an unfinished basement, it presents a solid, move-in-ready canvas. Its core appeal lies in its balance of relative space, a newer build date that minimizes immediate major repairs, and a location within a popular, master-planned neighbourhood.
The home suits first-time buyers or young families looking for a modern community feel without the premium of a brand-new build. It’s also a practical choice for value-conscious buyers who see potential in the unfinished basement for future customization. A thoughtful perspective is its strong ranking for newer construction city-wide (top 11% in Winnipeg), which is a significant advantage for maintenance predictability compared to much of the housing stock. However, its value rankings within its immediate street and neighbourhood are more modest, suggesting it may be a competitively priced option for gaining entry into this sought-after area.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Lakes?
The data shows the property ranks in the top 82% for lot size within the neighbourhood, meaning it has a larger-than-average yard for the area. However, its assessed value and recent sale price rank in the bottom 20-30% of the neighbourhood, indicating it may offer better value per square foot compared to many nearby homes.
2. What does the sale history tell us?
The home sold recently in November 2024 for $510,000. Prior to that, it sold in June 2020 for $403,000. This history shows steady appreciation over a four-year period and provides a clear, current market benchmark.
3. Is the unfinished basement a drawback?
Not necessarily. While it requires an investment to finish, it offers the next owner the opportunity to customize the space to their exact needs without needing to undo previous work. It represents clear potential for added value and living space.
4. How does the age of the home (built 2012) affect things?
A 14-year-old home is past its initial warranty period but is still considered modern. Major components like the roof, windows, and furnace are likely original and may be entering a phase where future planning for replacement is wise, but they should currently be in good functional condition.
5. What is the significance of the detached garage?
A detached garage offers flexibility—it can be used purely for vehicle storage, as a workshop, or for additional storage without impacting the main house's layout or noise levels. Some buyers prefer this separation, while others may see it as less convenient than an attached garage, especially in winter.
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