129 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

87.2

Excellent

Overall 87.2 · Larger than most nearby homes

2,298 sqft (top 30%) · Built in 2014 (1 yr older than avg)

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

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 shop, and 2 parks nearby

Living Area

Above average

14% 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

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Property score

87.2 is composed by the two sections below.

Property Score

90.4Excellent
Living Area96
2,298 sqftExcellent
Year Built94
2014Excellent
Lot Size67
5,431 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

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
2,298 sqft
0255075100
Same streetTop 24%Same areaTop 30%CitywideTop 5%
Same street · Sablewood Road
#18 / 76
Top 24% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#361 / 1,191
Top 30% · Avg 2,018 sqft
Citywide · Winnipeg
#9,690 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

Elite
672k
0255075100
Same streetTop 25%Same areaTop 35%CitywideTop 5%
Same street · Sablewood Road
#19 / 76
Top 25% · Avg 583.3k
Same area · Bridgwater Lakes
#417 / 1,191
Top 35% · Avg 688.3k
Citywide · Winnipeg
#8,983 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2014
0255075100
Same streetTop 5%Same areaTop 45%CitywideTop 8%

Lot Size

around average
5,431 sqft
0255075100
Same streetTop 32%Same areaBottom 36%CitywideTop 45%

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

129 Sablewood Road — 3 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 476 m), 2 parks (nearest 353 m).

Search radius
🛒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 7/2024CA$750k–800k
Sold price

Same street

Top 5%

Same area

Top 13%

City-wide

Top 2%

Related homes

Highlights & common questions: 129 Sablewood Road, Winnipeg

Property Overview

129 Sablewood Road is a modern, two-storey home in the sought-after Bridgwater Lakes neighbourhood. Built in 2014, it offers a turnkey lifestyle with a renovated basement and attached garage on a generous 5,431 sqft lot. Its appeal lies in its balance of contemporary construction, desirable location, and strong performance metrics compared to surrounding properties. The home consistently ranks in the top tiers for lot size, living space, and value within its immediate street and across Winnipeg. A recent sale in July 2024 suggests a dynamic market. This property would suit growing families or professionals seeking a well-established, low-maintenance home in a modern community, with the added value of a finished basement for extra living space.

Key Details & Considerations

  • Type: Two-Storey Single Family Home
  • Neighbourhood: Bridgwater Lakes
  • Year Built: 2014
  • Lot Size: 5,431 sqft
  • Living Area: 2,298 sqft
  • Features: Renovated basement, attached garage.
  • Last Sale: July 2024 - $751,000
  • Assessed Value: $672,000

Who is this for?
This home is ideal for buyers who prioritize a move-in ready property in a newer community. It suits those who appreciate data-driven value—seeing that the home ranks highly for size and newness compared to most of the city—but don’t want the wait or uncertainty of a new build. The renovated basement adds immediate functional space for a home office, gym, or entertainment area.


Frequently Asked Questions

1. How does the recent sale price compare to the assessed value?
The home sold for $751,000 in July 2024, which is approximately 12% above its current assessed value of $672,000. This is a strong indicator of its market value and desirability, often reflecting updates, condition, and current market conditions not fully captured in the assessment.

2. What does the "ranking" data actually tell me?
The percentile rankings show how this property compares to others. For example, being "better than 95% in same street" for year built means it's one of the newest homes on the block. These metrics help quantify its relative standing in terms of lot size, living space, and value against immediate neighbours and the wider city.

3. Is the basement renovation permitted?
This information is not provided in the available data. A key due diligence step for any buyer would be to verify with the seller or the city that any renovations to the basement were completed with the proper permits and inspections.

4. Bridgwater Lakes is a newer area; what are the amenities like?
As a modern, master-planned community, Bridgwater Lakes typically features parks, pathways, and nearby retail plazas. Prospective buyers should explore the area to confirm the proximity of schools, shopping, and public transit to meet their specific daily needs.

5. The lot is larger than many in Winnipeg; what are the implications?
A 5,431 sqft lot offers more outdoor space for gardening, play, or entertaining than many newer properties. It also may provide a greater sense of privacy. However, it also implies a corresponding responsibility for maintenance, landscaping, and snow clearing.