167 Lake Bend Road

Bridgwater Lakes, Winnipeg

Property score

87.1

Excellent

Overall 87.1 · Compared with neighbourhood average

2,051 sqft (top 44%) · Built in 2013 (2 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: 2 parks nearby

Living Area

Near average

2% larger 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

87.1 is composed by the two sections below.

Property Score

90.2Excellent
Living Area2,051 sqft94Excellent
Year Built201394Excellent
Lot Size5,904 sqft74Good
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
2,051 sqft
0255075100
Same streetBottom 43%Same areaTop 44%CitywideTop 10%
Same street · Lake Bend Road
#55 / 96
Bottom 43% · Avg 2,159 sqft
Same area · Bridgwater Lakes
#526 / 1,191
Top 44% · Avg 2,018 sqft
Citywide · Winnipeg
#18,760 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

Elite
703k
0255075100
Same streetBottom 39%Same areaTop 26%CitywideTop 4%
Same street · Lake Bend Road
#59 / 96
Bottom 39% · Avg 843.2k
Same area · Bridgwater Lakes
#311 / 1,191
Top 26% · Avg 688.3k
Citywide · Winnipeg
#7,394 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
2013
0255075100
Same streetBottom 23%Same areaBottom 33%CitywideTop 9%

Lot Size

around average
5,904 sqft
0255075100
Same streetBottom 17%Same areaTop 45%CitywideTop 35%

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

167 Lake Bend Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 369 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 9/2021CA$800k–850k
Sold price

Same street

Top 20%

Same area

Top 8%

City-wide

Top 2%

Related homes

Highlights & common questions: 167 Lake Bend Road, Winnipeg

Property Overview

This well-maintained, one-storey home in Bridgwater Lakes offers a blend of modern comfort and established community living. Built in 2013, it sits on a generous lot and features a renovated basement and an attached garage. The home’s living space ranks highly within Winnipeg, offering more room than over 90% of city properties. Its last sale in 2021 was at a value that places it in the top tier for the city, indicating a history of strong market appeal. The neighbourhood itself is desirable, with the property outperforming more than half of its local peers in terms of lot size.

Key Characteristics & Ideal Buyer

The primary appeal of this property lies in its balance of space, location, and updated condition. The renovated basement adds immediate functional living area without the need for future investment. Its single-storey layout is a key feature for those seeking accessibility or simply preferring the convenience of having all living spaces on one level. The lot size is notably larger than many in the immediate area, providing valuable outdoor space in a newer community.

This home would suit a downsizer or empty-nester looking for a modern, low-maintenance layout without sacrificing room for family visits or hobbies. It’s also a strong fit for a young professional or couple who values a move-in ready home in a sought-after, family-oriented community like Bridgwater Lakes, and who appreciates the potential stability suggested by its above-average assessed value ranking.

Frequently Asked Questions

1. How does the property’s value compare to the neighbourhood?
The home’s assessed value is higher than approximately 74% of properties in Bridgwater Lakes, placing it in the top quarter. This suggests it is considered a higher-value asset within the community, which can be influenced by its size, condition, and specific location.

2. Is the lot size typical for the street?
The land area is better than only 17% of properties on the same street, meaning lots on Lake Bend Road tend to be larger. However, it still ranks highly within the wider neighbourhood and city, indicating the entire street benefits from generous lot sizes.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality of the renovation and how the space is currently configured (e.g., rec room, bedroom, bathroom).

4. How does the 2013 build year affect the home?
A 2013 build means major components like the roof, HVAC, and windows are likely still within their typical lifespan, reducing the risk of immediate major repairs. It also indicates modern building codes and energy efficiency standards, but it’s not so new that any initial construction flaws would still be under the original builder’s warranty.

5. The home sold in 2021; what does that recent sale history indicate?
The sale price in 2021 was significantly higher than the current assessed value, which is common as assessed values for taxation don't always align directly with market value. This recent transaction provides a concrete, modern data point for market comparison, showing what a buyer was willing to pay for the home just a few years ago in a different market climate.

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