127 Lake Bend Road

Bridgwater Lakes, Winnipeg

Property score

89.2

Excellent

Overall 89.2 · Larger than most nearby homes

2,594 sqft (top 9%) · 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

Living Area

Above average

29% 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)

Sold Count

738

Median price

647.5k

$/sqft

$319/sqft

Avg build year

2015

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

89.2 is composed by the two sections below.

Property Score

93.7Excellent
Living Area2,594 sqft98Excellent
Year Built201494Excellent
Lot Size6,151 sqft81Excellent
Neighbourhood Sales Activity79Good

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

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

Elite
2,594 sqft
0255075100
Same streetTop 21%Same areaTop 9%CitywideTop 2%
Same street · Lake Bend Road
#20 / 96
Top 21% · Avg 2,159 sqft
Same area · Bridgwater Lakes
#103 / 1,191
Top 9% · Avg 2,018 sqft
Citywide · Winnipeg
#4,488 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
709k
0255075100
Same streetBottom 41%Same areaTop 25%CitywideTop 4%
Same street · Lake Bend Road
#57 / 96
Bottom 41% · Avg 843.2k
Same area · Bridgwater Lakes
#296 / 1,191
Top 25% · Avg 688.3k
Citywide · Winnipeg
#7,139 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
2014
0255075100
Same streetTop 44%Same areaTop 45%CitywideTop 8%

Lot Size

above average
6,151 sqft
0255075100
Same streetBottom 47%Same areaTop 35%CitywideTop 28%

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

127 Lake Bend Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 385 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%

Sales History

Sold 7/2024CA$750k–800k
Sold price

Same street

Top 27%

Same area

Top 13%

City-wide

Top 2%

Related homes

Highlights & common questions: 127 Lake Bend Road, Winnipeg

Property Summary: 127 Lake Bend Road, Bridgwater Lakes

Section 1: Overview & Appeal

This two-storey home in the popular Bridgwater Lakes neighbourhood offers a modern, low-maintenance lifestyle in a highly sought-after area. Built in 2014, it combines relatively recent construction with an established streetscape. The key appeal lies in its generous proportions: with over 2,500 sqft of living space on a large 6,150 sqft lot, it ranks in the top tier for size both locally and city-wide. The attached garage and full (though unrenovated) basement add practical space for storage or future customization.

Its strongest suit is its above-average positioning within a premium context. It outperforms most Winnipeg homes in categories like living area, assessed value, and year built, suggesting a solid, modern property in a desirable newer community. The recent sale price indicates strong market confidence. This home would best suit a growing family or professional couple seeking space and modern comforts in a planned community, without the immediate need for major renovations. It’s a turnkey option for buyers who prioritize location and size over having a fully finished basement, seeing that as a potential project rather than a drawback.

Section 2: Frequently Asked Questions

1. How does the "rank" information work?
The rankings compare this property against others on its street, in Bridgwater Lakes, and across all of Winnipeg. A "Top 21%" rank for living area on its street, for example, means 79% of houses on Lake Bend Road are smaller. It’s a quick way to gauge how its key features stack up in different contexts.

2. The basement is noted as "not renovated." What does that likely mean?
In a 2014 home, this typically means the basement is unfinished or only partially finished with basic amenities. It offers blank-canvas space for storage, a home gym, or future development to suit a buyer's specific needs and taste.

3. The assessed value is significantly lower than the recent sale price. Why?
Municipal assessed value for taxation purposes often lags behind the current market and is calculated using a specific formula. The recent sale price of $750k is a clearer reflection of its actual market value as determined by a buyer and seller.

4. What is the neighbourhood feel of Bridgwater Lakes?
As part of the larger Bridgwater planned community, it offers a family-oriented atmosphere with parks, pathways, and nearby amenities. The rankings show the property is newer and larger than most in Winnipeg, indicating a modern suburban environment.

5. Are there any obvious concerns based on this data?
The data itself doesn't reveal structural or condition issues. The main consideration is personal preference regarding the basement's state. The lot size is generous, but it ranks slightly below average on its own street, meaning some direct neighbours may have larger yards.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.