138 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

81.3

Excellent

Overall 81.3 · Smaller than most nearby homes

1,638 sqft (bottom 21%) · Built in 2013 (2 yrs older than avg)

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

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 shop, and 2 parks nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Below average

2 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

81.3 is composed by the two sections below.

Property Score

80.5Excellent
Living Area83
1,638 sqftExcellent
Year Built94
2013Excellent
Lot Size53
4,251 sqftFair
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

above average
1,638 sqft
0255075100
Same streetBottom 26%Same areaBottom 21%CitywideTop 23%
Same street · Sablewood Road
#56 / 76
Bottom 26% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#939 / 1,191
Bottom 21% · Avg 2,018 sqft
Citywide · Winnipeg
#45,679 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
539k
0255075100
Same streetBottom 42%Same areaBottom 21%CitywideTop 14%
Same street · Sablewood Road
#44 / 76
Bottom 42% · Avg 583.3k
Same area · Bridgwater Lakes
#946 / 1,191
Bottom 21% · Avg 688.3k
Citywide · Winnipeg
#27,386 / 194,458
Top 14% · Avg 390.1k

Year Built

above average
2013
0255075100
Same streetTop 17%Same areaBottom 33%CitywideTop 9%

Lot Size

around average
4,251 sqft
0255075100
Same streetBottom 17%Same areaBottom 4%CitywideBottom 30%

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

138 Sablewood Road — 3 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 452 m), 2 parks (nearest 368 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 2/2021CA$450k–500k
Sold price

Same street

Bottom 27%

Same area

Bottom 16%

City-wide

Top 22%

Related homes

Highlights & common questions: 138 Sablewood Road, Winnipeg

Property Overview: 138 Sablewood Road, Bridgwater Lakes

Key Characteristics & Appeal

This two-storey home, built in 2013, offers a modern foundation in the popular Bridgwater Lakes community. Its key features include a renovated basement and a detached garage on a standard 4,251 sqft lot. The appeal lies in its balance of contemporary age and established neighbourhood living. While its living space (1,638 sqft) is comfortable, the home’s standout characteristic is its strong value position within the wider Winnipeg market. It ranks newer than 90% of city homes and has an assessed value higher than 87% of them, suggesting a well-maintained property in a desirable broader context.

The home would suit practical buyers looking for a modern, low-maintenance property in a family-oriented suburb. It’s ideal for those who prioritize a recent build year and a finished basement for extra space over having the largest floor plan on the street. A thoughtful perspective for buyers is to note that while the home ranks in the top tier for the city overall, it sits in a more average position within its own immediate neighbourhood and street. This indicates a solid, mid-range offering in a highly competitive local area, which can represent a smart entry point into a sought-after community.

Frequently Asked Questions

1. How does this home compare to others on Sablewood Road?
It offers a newer build year than most on the street (top 17%) and an above-average lot size. Its prior sale price and current assessed value are positioned in the mid-range compared to direct neighbours.

2. What does the "renovated basement" include?
The listing confirms the basement is finished but does not specify the details of the renovation. Viewing the property or requesting information from the listing agent is necessary to understand the scope, layout, and quality of the basement finish.

3. Is the detached garage heated or insulated?
This detail is not provided in the available data. This would be an important question to ask the seller or listing representative directly.

4. The home sold in 2021; why is that relevant?
The 2021 sale price provides a benchmark for market movement. It shows the home was purchased for $45.6k, and its current assessed value is $53.9k. This change is a useful data point, but assessed value is for taxation and should be verified with a current market appraisal.

5. How are the ranking percentages useful for me as a buyer?
They provide quick, relative context. For example, knowing the home is newer than 90% of Winnipeg homes highlights its modern construction. Conversely, seeing its living area is larger than only 21% of neighbourhood homes helps set accurate expectations for size within this specific community.