Property score
88.5
Excellent
Overall 88.5 · Larger than most nearby homes
2,364 sqft (top 21%) · Built in 2014 (1 yr older than avg)
Located in a high-income area with median household income of ~103k
Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
17% larger than neighborhood avg.
Year Built
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)
738
647.5k
$319/sqft
2015
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88.5 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
124 Bluemeadow Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 217 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%
124 Bluemeadow Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
124 Bluemeadow Road is a well-situated two-storey home in the popular Bridgwater Lakes neighbourhood. Built in 2014, it offers modern construction with the benefit of established community amenities. The home features a generous 2,364 sqft of living space, an attached garage, and a full, unfinished basement, providing a solid foundation for future customization. Its lot size of over 6,400 sqft is notably larger than many in the area.
The appeal of this property lies in its balance of space, location, and value. It ranks highly for its newer age and above-average living area within Winnipeg, suggesting a home that is both contemporary and spacious compared to the broader market. The neighbourhood is family-friendly with a established feel. This home would suit first-time buyers looking for a move-in ready property with room to grow, or a young family seeking a modern home in a community with parks and pathways. The unfinished basement is a key feature for buyers who view it as a blank canvas for a future rec room, home gym, or additional bedrooms.
Frequently Asked Questions
1. What does the "unfinished basement" condition mean?
The basement is fully excavated and ready for development but does not currently have finished walls, flooring, or ceilings. This is often seen as an opportunity to customize the space to your exact needs, though it requires an additional investment.
2. How does the assessed value relate to the listing price?
The assessed value of $67,100k is for municipal tax purposes and is not a direct indicator of market value or listing price. It's a useful benchmark for comparing the municipal tax load against similar properties, but the sale price is determined by current market conditions.
3. The home ranks in the top 71% for lot size on its street. Is that a significant advantage?
Yes, this indicates the property has one of the larger lots on Bluemeadow Road. This typically translates to more private outdoor space, greater distance from neighbours, and more potential for landscaping, gardening, or adding features like a deck or shed.
4. The property is noted as "newer" for Winnipeg but only "average" for its neighbourhood. What does this imply?
Built in 2014, the home is newer than over 90% of Winnipeg homes. However, Bridgwater Lakes is a modern community, so within that specific area, its age is about average. This suggests you're buying into a consistently newer neighbourhood rather than an outlier, which can be positive for maintaining future resale value.
5. Are the nearby "worth viewing" properties direct competitors?
The listed properties (like 16 Bluemeadow Road and 3 Red Spruce Road) are suggested as comparable in size, age, or value. Reviewing them can provide context on how this home is positioned in the local market, helping you gauge its features and potential price point relative to other available options.
