154 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

82.6

Excellent

Overall 82.6 · Smaller than most nearby homes

1,667 sqft (bottom 24%) · Built in 2013 (2 yrs 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

17% 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

82.6 is composed by the two sections below.

Property Score

82.6Excellent
Living Area1,667 sqft83Excellent
Year Built201394Excellent
Lot Size5,401 sqft67Good
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
1,667 sqft
0255075100
Same streetBottom 32%Same areaBottom 24%CitywideTop 22%
Same street · Sablewood Road
#52 / 76
Bottom 32% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#906 / 1,191
Bottom 24% · Avg 2,018 sqft
Citywide · Winnipeg
#43,338 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
501k
0255075100
Same streetBottom 21%Same areaBottom 7%CitywideTop 20%
Same street · Sablewood Road
#60 / 76
Bottom 21% · Avg 583.3k
Same area · Bridgwater Lakes
#1,104 / 1,191
Bottom 7% · Avg 688.3k
Citywide · Winnipeg
#38,104 / 194,458
Top 20% · Avg 390.1k

Year Built

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

Lot Size

around average
5,401 sqft
0255075100
Same streetTop 43%Same areaBottom 32%CitywideTop 46%

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

154 Sablewood Road — 3 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 484 m), 2 parks (nearest 337 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 8/2022CA$500k–550k
Sold price

Same street

Top 36%

Same area

Bottom 41%

City-wide

Top 12%
Sold 8/2019CA$400k–450k
Sold price

Same street

Bottom 17%

Same area

Bottom 8%

City-wide

Top 31%

Related homes

Highlights & common questions: 154 Sablewood Road, Winnipeg

Property Overview

This well-maintained two-storey home in Bridgwater Lakes offers a modern footprint in a sought-after neighbourhood. Built in 2013, its key appeal lies in a desirable combination of a newer build, a spacious 5,401 sqft lot, and a fully renovated basement. The detached garage and generous living area of 1,667 sqft provide practical family living space. Its value proposition is underscored by strong city-wide rankings: it sits in the top 20% of Winnipeg for living space and the top 10% for the age of the home. This property would particularly suit young families or professionals seeking a move-in ready home in a modern community, who prioritize a large yard and the potential of a finished lower level over a brand-new construction price tag. A thoughtful perspective for buyers is to note that while the home ranks very well across Winnipeg, its rankings within its immediate street and neighbourhood are more modest, suggesting it's a solid home in a consistently desirable area rather than a standout on its specific block.

Key Questions for Consideration

1. What is the significance of the "renovated" basement?
The listing confirms the basement is renovated, adding immediate liveable square footage. Prospective buyers should inquire about the scope, permits, and quality of the finishes to understand its value and condition.

2. How should I interpret the property's ranking percentages?
These metrics compare the home to others. For example, ranking "better than 90% in Winnipeg" for year built means it's newer than most city homes. The fact that its city rankings are generally stronger than its hyper-local rankings indicates Bridgwater Lakes is a community of relatively new, similarly sized homes.

3. What does the history of sold prices indicate?
The home sold for $53.5k in 2022 and $41.1k in 2019. The current assessed value is $50.10k. This history shows market fluctuation, and the assessed value is a municipal tax valuation, not a direct market price. A buyer's agent should provide a current market analysis.

4. Who might this home not suit?
Buyers seeking an estate-sized lot, a pool, or an attached garage would need to look elsewhere. The lot, while generous, is not among the very largest on the street.

5. What are the next steps to evaluate this property?
Review the full listing for interior photos and a detailed feature list. Then, investigate the specific finishes of the basement renovation, inquire about any upcoming special levies in the community, and view the property in person to assess layout, natural light, and street appeal.

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