150 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

80.5

Excellent

Overall 80.5 · Smaller than most nearby homes

1,582 sqft (bottom 16%) · Built in 2014 (1 yr older than avg)

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

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 shop, and 2 parks nearby

Living Area

Below average

22% smaller 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

80.5 is composed by the two sections below.

Property Score

79.1Good
Living Area1,582 sqft79Good
Year Built201494Excellent
Lot Size4,597 sqft60Fair
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

above average
1,582 sqft
0255075100
Same streetBottom 16%Same areaBottom 16%CitywideTop 26%
Same street · Sablewood Road
#64 / 76
Bottom 16% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#1,004 / 1,191
Bottom 16% · Avg 2,018 sqft
Citywide · Winnipeg
#51,033 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
550k
0255075100
Same streetBottom 49%Same areaBottom 24%CitywideTop 13%
Same street · Sablewood Road
#39 / 76
Bottom 49% · Avg 583.3k
Same area · Bridgwater Lakes
#905 / 1,191
Bottom 24% · Avg 688.3k
Citywide · Winnipeg
#24,681 / 194,458
Top 13% · Avg 390.1k

Year Built

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

Lot Size

around average
4,597 sqft
0255075100
Same streetBottom 36%Same areaBottom 17%CitywideBottom 36%

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

150 Sablewood Road — 3 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 476 m), 2 parks (nearest 344 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 5/2024CA$500k–550k
Sold price

Same street

Top 33%

Same area

Bottom 42%

City-wide

Top 12%
Sold 3/2021CA$450k–500k
Sold price

Same street

Bottom 35%

Same area

Bottom 21%

City-wide

Top 20%

Related homes

Highlights & common questions: 150 Sablewood Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Lakes, built in 2014, presents a modern and low-maintenance living option. Its key appeal lies in its balance of relative newness and established community. With a renovated basement and a detached garage on a standard-sized lot, the home offers functional, move-in-ready space. The data suggests it is a solidly middle-of-the-pack property within its immediate street and neighbourhood in terms of size and value, but it stands out for being newer than most homes in Winnipeg overall. Recent sale history shows steady value appreciation.

It would suit first-time buyers or young families looking for a contemporary home in a planned community without the premium of a brand-new build. It also appeals to practical buyers who value a modern foundation (like updated mechanicals) and prefer a home that has already undergone some key renovations, like the basement.

Frequently Asked Questions

1. How does the property's age (2014) benefit a buyer?
A 12-year-old home typically means major components like the roof, windows, and HVAC systems are still within their lifespan, reducing immediate capital risk. The modern building standards of the 2010s also offer better energy efficiency than older stock.

2. The home ranks lower for size on its street. Is it too small?
The living area is approximately 1,580 sqft, which is a comfortable size for many households. The rankings indicate that larger homes exist on the same street, but this doesn't diminish the functionality of this property. It may represent a more affordable entry point into the desirable street.

3. What does the sale history tell us?
The home sold for $470k in 2021 and $538k in 2024. This trajectory indicates it has kept pace with or exceeded broader market trends during that period, suggesting stable demand for the property type and location.

4. Is the detached garage a pro or a con?
This depends on preference. A detached garage can offer more flexibility (e.g., for a workshop) and potentially reduce noise in the home. However, it is less convenient for accessing your vehicle in harsh weather compared to an attached garage.

5. The assessed value is $550k, but it last sold for $538k. Why the difference?
Municipal assessed value is for taxation purposes and uses a mass appraisal model from a prior date. The sale price is the true market value determined by a buyer and seller. The close alignment suggests the assessment is reasonably current, but the sale price is the definitive market benchmark.

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