123 Lake Bend Road

Bridgwater Lakes, ਵਿਨੀਪਿਗ

Property score

87.8

Excellent

Overall 87.8 · Larger than most nearby homes

2,466 sqft (top 13%) · Built in 2014 (1 yr older than avg)

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

Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Above average

22% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

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)

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
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ96
2,466 sqftExcellent
ਤਰੀਕ ਤੋਂ ਬਣਿਆ94
2014Excellent
ਜ਼ਮੀਨ74
5,905 sqftGood
Neighbourhood Sales Activity79
Good

Community Score

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

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Bridgwater Lakes

How to read: Share of sales in each ~$50k price band for “bridgwater lakes” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਇਲੀਟ
2,466 sqft
0255075100
Same streetਟਾਪ 26%Same areaਟਾਪ 13%Citywideਟਾਪ 3%
Same street · Lake Bend Road
#25 / 96
ਟਾਪ 26% · ਔਸਤ 2,159 sqft
Same area · Bridgwater Lakes
#160 / 1,191
ਟਾਪ 13% · ਔਸਤ 2,018 sqft
Citywide · ਵਿਨੀਪਿਗ
#6,173 / 194,458
ਟਾਪ 3% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਇਲੀਟ
694k
0255075100
Same streetਹੇਠਲੇ 36%Same areaਟਾਪ 29%Citywideਟਾਪ 4%
Same street · Lake Bend Road
#61 / 96
ਹੇਠਲੇ 36% · ਔਸਤ 843.2k
Same area · Bridgwater Lakes
#340 / 1,191
ਟਾਪ 29% · ਔਸਤ 688.3k
Citywide · ਵਿਨੀਪਿਗ
#7,826 / 194,458
ਟਾਪ 4% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
2014
0255075100
Same streetਟਾਪ 44%Same areaਟਾਪ 45%Citywideਟਾਪ 8%

ਜ਼ਮੀਨ

ਔਸਤ
5,905 sqft
0255075100
Same streetਹੇਠਲੇ 27%Same areaਟਾਪ 42%Citywideਟਾਪ 35%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

123 Lake Bend Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 379 m).

Search radius
🌳Parks1

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

10/2017 ਵਿਚ ਵਿਕਿਆCA$600k–650k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 43%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 36%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 7%

Related homes

ਵਿਨੀਪਿਗ 123 Lake Bend Road — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview

This two-storey home on a large lot in Bridgwater Lakes is a well-positioned property for buyers seeking space and modern construction in a popular Winnipeg community. Built in 2014, it offers a move-in-ready foundation with room for personalization. Its appeal lies in its above-average living area and lot size compared to most homes in the city, providing a sense of space and potential. The attached garage and existing (though unrenovated) basement add functional utility.

The property would suit a young family or a professional couple looking for a home in a newer neighbourhood without the premium of a brand-new build. It’s also a sensible fit for a value-conscious buyer who appreciates solid fundamentals—like a newer roof and major systems—but sees potential in updating the basement or other finishes over time to build equity. The rankings suggest it’s a home that offers more interior space than most in its immediate area, which is a less obvious but significant advantage for daily living.

Key Details & FAQs

Key Characteristics & Appeal

  • Spacious & Modern: Built in 2014, the home offers a contemporary layout with 2,466 sqft of living space, ranking larger than most comparable properties locally. The 5,905 sqft lot provides ample outdoor room.
  • Strong Fundamentals: The home sits in the top tiers for living area and assessed value city-wide, indicating a solid underlying investment in a desirable newer community.
  • Potential for Personalization: The home includes a full, unrenovated basement, presenting a clear opportunity to add future living space and value according to a new owner's taste and budget.
  • Ideal Buyer: This home best suits a family or couple who values move-in-ready modern construction but is comfortable with, or even excited by, the project of finishing the basement to their own specifications.

Frequently Asked Questions

1. Is the basement developed?
No, the basement is included but is not renovated. It presents a blank canvas for future development to add additional living space.

2. How does this home compare to others in the area?
The data shows this home ranks highly for its living space, both on its street and in the wider Winnipeg context. Its lot size is also above average for the street. It is a newer build (2014) compared to most of the city's housing stock.

3. What is the neighbourhood like?
Bridgwater Lakes is a modern, master-planned community in Winnipeg known for its parks, pathways, and family-friendly amenities. The specific street has a mix of home ages and sizes.

4. Why is the current assessed value higher than the last sale price?
The home was last sold in 2017. The current assessed value reflects the property market and value changes over the subsequent seven years, and is used for municipal tax calculation.

5. What are the immediate next steps for a new owner?
Beyond personal decor updates, the most significant project would be developing the basement. An inspection would be advised to prioritize any maintenance items for a 10-year-old home, such as HVAC servicing or exterior sealant checks.