122 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

83.5

Excellent

Overall 83.5 · Compared with neighbourhood average

1,800 sqft (bottom 34%) · Built in 2013 (2 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

11% smaller 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

83.5 is composed by the two sections below.

Property Score

84.1Excellent
Living Area89
1,800 sqftExcellent
Year Built94
2013Excellent
Lot Size53
4,488 sqftFair
Neighbourhood Sales Activity79
Good

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

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

above average
1,800 sqft
0255075100
Same streetTop 46%Same areaBottom 34%CitywideTop 17%
Same street · Sablewood Road
#35 / 76
Top 46% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#784 / 1,191
Bottom 34% · Avg 2,018 sqft
Citywide · Winnipeg
#33,380 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
591k
0255075100
Same streetTop 38%Same areaBottom 39%CitywideTop 9%
Same street · Sablewood Road
#29 / 76
Top 38% · Avg 583.3k
Same area · Bridgwater Lakes
#730 / 1,191
Bottom 39% · Avg 688.3k
Citywide · Winnipeg
#16,691 / 194,458
Top 9% · Avg 390.1k

Year Built

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

Lot Size

around average
4,488 sqft
0255075100
Same streetBottom 32%Same areaBottom 15%CitywideBottom 34%

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

122 Sablewood Road — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 488 m), 1 shopping (nearest 421 m), 2 parks (nearest 396 m).

Search radius
🍽️Dining1
🛒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 8/2022CA$550k–600k
Sold price

Same street

Top 15%

Same area

Top 44%

City-wide

Top 9%
Sold 7/2020CA$400k–450k
Sold price

Same street

Bottom 26%

Same area

Bottom 14%

City-wide

Top 24%

Related homes

Highlights & common questions: 122 Sablewood Road, Winnipeg

Property Overview: 122 Sablewood Road, Bridgwater Lakes

Key Characteristics & Appeal

This two-storey home, built in 2013, presents a modern and low-maintenance living option in the sought-after Bridgwater Lakes community. Its key appeal lies in a combination of updated living space and strong long-term value metrics. The home features a renovated basement, a detached garage, and a generous 1,800 sqft of living area on a sizable 4,488 sqft lot.

The property’s strength is highlighted by its comparative rankings. It stands out as a newer home within both Winnipeg and its immediate street, ranking better than 90% and 83% of properties respectively for its year of build. This suggests a modern build with less immediate concern for major system replacements. Its most recent sale price (580k in 2022) also ranks highly city-wide (top 9%), indicating a perceived value that has held strong relative to the broader market.

This home would suit buyers looking for a move-in ready property in a modern suburb, particularly those who value a recently updated basement for extra living space. It’s a practical choice for young families or professionals seeking a balance of contemporary amenities, community amenities, and a property that has demonstrated solid value retention in recent years.


Frequently Asked Questions

Q: How does the property’s value history look?
A: The data shows significant appreciation between the 2020 sale (44.4k) and the 2022 sale (580k). It’s important to note the 2020 sale price is atypical and likely reflects a non-arms-length transaction (such as a builder or family sale), not market value. The 2022 sale is the meaningful benchmark, showing strong value that ranks well above most of Winnipeg.

Q: Is the lot size typical for the area?
A: At 4,488 sqft, the lot is larger than about two-thirds of the properties on Sablewood Road itself. However, within the broader Bridgwater Lakes neighbourhood, it ranks in the top 85%, meaning it is a larger-than-average lot for this specific community.

Q: What do the "rank" percentages actually mean?
A: A rank of "Better than X%" means the property scores higher on that specific metric (like size or value) than that percentage of comparable listings. For example, ranking better than 90% in Winnipeg for year built simply means it is newer than 90% of compared properties in the city.

Q: The assessed value seems low compared to the last sale price. Why?
A: Municipal assessed value (59.10k here) is for taxation purposes and is often intentionally lower than market value. It should not be used as a current market price indicator. The last confirmed market sale was 580k in 2022.

Q: Are the nearby and similarly assessed properties good comparables?
A: The nearby listings show immediate neighbours. The "similar assessed value" list is less useful for market comparison, as it only matches the tax assessment figure and includes properties in different neighbourhoods, which may have vastly different market values.