132 Bluemeadow Road

Bridgwater Lakes, Winnipeg

Property score

87.8

Excellent

Overall 87.8 · Larger but older than most nearby homes

2,348 sqft (top 25%) · Built in 2012 (3 yrs 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 park nearby

Living Area

Above average

16% larger than neighborhood avg.

Year Built

Below average

3 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
Living Area96
2,348 sqftExcellent
Year Built94
2012Excellent
Lot Size74
5,716 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
2,348 sqft
0255075100
Same streetTop 39%Same areaTop 25%CitywideTop 4%
Same street · Bluemeadow Road
#24 / 62
Top 39% · Avg 2,193 sqft
Same area · Bridgwater Lakes
#301 / 1,191
Top 25% · Avg 2,018 sqft
Citywide · Winnipeg
#8,375 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
726k
0255075100
Same streetTop 18%Same areaTop 22%CitywideTop 3%
Same street · Bluemeadow Road
#11 / 62
Top 18% · Avg 702.1k
Same area · Bridgwater Lakes
#262 / 1,191
Top 22% · Avg 688.3k
Citywide · Winnipeg
#6,450 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
2012
0255075100
Same streetBottom 18%Same areaBottom 12%CitywideTop 10%

Lot Size

around average
5,716 sqft
0255075100
Same streetBottom 48%Same areaBottom 47%CitywideTop 39%

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

132 Bluemeadow Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 186 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 12/2021CA$750k–800k
Sold price

Same street

Top 19%

Same area

Top 12%

City-wide

Top 2%
Sold 5/2020CA$550k–600k
Sold price

Same street

Top 44%

Same area

Top 43%

City-wide

Top 8%
Sold 5/2016CA$550k–600k
Sold price

Same street

Bottom 41%

Same area

Bottom 48%

City-wide

Top 10%

Related homes

Highlights & common questions: 132 Bluemeadow Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Lakes, built in 2012, presents a compelling mix of established comfort and modern updates. Its key appeal lies in a generous, renovated basement and a living space that ranks well above average for Winnipeg, all situated on a large lot. The numbers tell a clear story of a home that has consistently held and increased its value relative to its peers over recent years.

The property would suit buyers looking for a move-in ready family home in a modern neighbourhood who value space—both inside and out—over having the newest build on the block. It’s particularly well-matched for those who appreciate a finished lower level for family activities or guests, and for owners who find reassurance in a track record of strong assessed value growth within the city.

Key Characteristics & Appeal

  • Spacious & Updated: With nearly 2,350 sqft of living space and a renovated basement, the home offers ample room. The lot size of over 5,700 sqft is notably larger than many in the immediate area, providing great outdoor potential.
  • Strong Value Position: The assessed value places this home in the top 3% of Winnipeg, and recent sale prices have consistently trended in the top tier for the city. This suggests a property that has been well-maintained and is situated in a desirable enclave within the neighbourhood.
  • Established in a Modern Community: Built in 2012, the home is past its initial settling phase but remains contemporary. The neighbourhood itself is well-established, yet still relatively new, offering a blend of mature landscaping and modern infrastructure.
  • Ideal Buyer Profile: Perfect for growing or established families seeking space and a finished basement without a major project. Value-conscious buyers will appreciate its strong standing in assessment and sales rankings compared to similar homes. It may also attract those who prefer a larger yard compared to newer, more densely packed subdivisions.

Frequently Asked Questions

1. How does the age of this home (built 2012) compare to others nearby?
It’s among the older homes on Bluemeadow Road, ranking newer than only 18% of its direct street neighbours. However, it is still a modern home by broader Winnipeg standards, ranking newer than 89% of homes across the city.

2. What does the "renovated basement" likely include?
While specifics aren't listed, a renovation in a home of this age typically means finished living space such as a rec room, additional bedrooms, or a home office, adding significant functional square footage beyond the main living areas.

3. The last sale was in late 2021. Is that a concern?
Not necessarily. The sale history shows steady appreciation. The 2021 sale price sits in the top 15% for the street and top 3% for Winnipeg, indicating a strong market perception. The owner has likely enjoyed stable ownership during that time.

4. The lot is large, but is the house itself bigger than others?
Yes. The living area is larger than 75% of homes in Bridgwater Lakes and a notable 96% of homes in Winnipeg, making the interior space a key feature alongside the substantial yard.

5. How does its value compare to similar homes on the same street?
Very favourably. Its assessed value is higher than 82% of properties on Bluemeadow Road. For reference, a nearly identical-sized home a few doors down (124 Bluemeadow, built 2014) has a lower assessed value, suggesting this property has specific features or conditions that are highly valued.