135 Lake Bend Road

Bridgwater Lakes, Winnipeg

Property score

89.6

Excellent

Overall 89.6 · Larger and newer than most nearby homes

2,626 sqft (top 7%) · Built in 2016 (1 yr newer 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: 2 parks nearby

Living Area

Above average

30% larger than neighborhood avg.

Year Built

Above average

1 yrs newer 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

89.6 is composed by the two sections below.

Property Score

94.3Excellent
Living Area2,626 sqft98Excellent
Year Built201697Excellent
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
2,626 sqft
0255075100
Same streetTop 17%Same areaTop 7%CitywideTop 2%
Same street · Lake Bend Road
#16 / 96
Top 17% · Avg 2,159 sqft
Same area · Bridgwater Lakes
#85 / 1,191
Top 7% · Avg 2,018 sqft
Citywide · Winnipeg
#4,189 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
773k
0255075100
Same streetTop 45%Same areaTop 16%CitywideTop 3%
Same street · Lake Bend Road
#43 / 96
Top 45% · Avg 843.2k
Same area · Bridgwater Lakes
#194 / 1,191
Top 16% · Avg 688.3k
Citywide · Winnipeg
#5,007 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetTop 14%Same areaTop 28%CitywideTop 6%

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

135 Lake Bend Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 395 m).

Search radius
🌳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 9/2020CA$600k–650k
Sold price

Same street

Bottom 41%

Same area

Top 38%

City-wide

Top 7%

Related homes

Highlights & common questions: 135 Lake Bend Road, Winnipeg

Property Overview

This two-storey home on a generous lot in Bridgwater Lakes presents a modern, low-maintenance lifestyle. Built in 2016, it offers the benefit of a newer build with established landscaping and a recently renovated basement. Its appeal lies in its above-average size, both in living area and land, compared to most homes in Winnipeg, providing space without the upkeep of an older property. The attached garage and lack of a pool cater to practical, family-oriented needs.

It would suit young families or professionals seeking a move-in ready home in a developed neighbourhood. Buyers looking for a property with strong value retention and metrics that rank highly city-wide will find the statistics compelling. It’s also a sensible choice for those who appreciate a renovated basement for extra living space but want to avoid a major project.

Key Details & FAQs

  • Key Characteristics: A 2,626 sqft two-storey on a 6,151 sqft lot. Built in 2016 with an attached garage and a renovated basement.
  • The Appeal: Modern construction, significant interior and exterior space, and move-in readiness with recent updates. Its assessed value ranks in the top 2% city-wide, suggesting strong official valuation.
  • Ideal For: Young families, professionals wanting space and convenience, and value-conscious buyers seeking a home with above-average metrics for its size and age.

Frequently Asked Questions

How does this property compare to others in the immediate area?
It ranks very well for its newer age (top 14% on the street) and large living area (top 17% on the street). The lot size is more average for the street, offering a balance of home size and yard space.

What does the sold price history indicate?
The home last sold in September 2020 for $60.50k. The current assessed value is $77.30k. This significant increase aligns with broader market trends over that period and suggests substantial equity growth, but a current market appraisal would be needed for today's value.

Is the neighbourhood well-established?
Yes. Bridgwater Lakes is a developed community. The home’s age (10 years) means the landscaping and neighbourhood amenities are settled, avoiding the uncertainties of a brand-new subdivision.

What might the ranking percentages mean for future value?
Ranking in the top 2-7% in Winnipeg for living area and assessed value is a strong indicator. It suggests the property already possesses attributes (size, official valuation) that are scarce city-wide, which can be a buffer in slower markets.

Are there any less obvious considerations?
The 2020 sale price was notably lower than most neighbours' sales at the time (ranking in the bottom 15% on the street). This could indicate a previous sale circumstance (e.g., estate, quick sale) that provided good value to the last buyer, which is a positive historical note. Always review the full property history for context.

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