171 Lake Bend Road

Bridgwater Lakes, Winnipeg

Property score

85.3

Excellent

Overall 85.3 · Compared with neighbourhood average

1,830 sqft (bottom 38%) · Built in 2014 (1 yr 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

Below average

9% 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

85.3 is composed by the two sections below.

Property Score

87.2Excellent
Living Area1,830 sqft89Excellent
Year Built201494Excellent
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
1,830 sqft
0255075100
Same streetBottom 24%Same areaBottom 38%CitywideTop 16%
Same street · Lake Bend Road
#73 / 96
Bottom 24% · Avg 2,159 sqft
Same area · Bridgwater Lakes
#740 / 1,191
Bottom 38% · Avg 2,018 sqft
Citywide · Winnipeg
#31,201 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
631k
0255075100
Same streetBottom 20%Same areaTop 49%CitywideTop 6%
Same street · Lake Bend Road
#77 / 96
Bottom 20% · Avg 843.2k
Same area · Bridgwater Lakes
#581 / 1,191
Top 49% · Avg 688.3k
Citywide · Winnipeg
#11,875 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
2014
0255075100
Same streetTop 44%Same areaTop 45%CitywideTop 8%

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

171 Lake Bend Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 354 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 9/2022CA$650k–700k
Sold price

Same street

Top 43%

Same area

Top 20%

City-wide

Top 4%
Sold 2/2019CA$600k–650k
Sold price

Same street

Bottom 41%

Same area

Top 38%

City-wide

Top 7%

Related homes

Highlights & common questions: 171 Lake Bend Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle in a sought-after Winnipeg community. Built in 2014, it sits on a generous lot and features an attached garage and a renovated basement. Its key appeal lies in its balance of contemporary amenities and established neighbourhood charm, having passed the initial "newness" phase where major structural issues are unlikely. The home suits first-time buyers looking for a move-in-ready property, young families attracted to the community-oriented area, or downsizers seeking single-level living potential with a finished basement for guests or hobbies.

A thoughtful perspective is its position within the local market. While its living space is comfortable, the property's assessed value ranks highly city-wide, suggesting strong underlying value and desirability for its lot and location over sheer square footage. It represents a solid, middle-ground option in its immediate area—not the largest or newest on its street, but a well-situated home in a neighbourhood that itself ranks above average for Winnipeg.

Frequently Asked Questions

1. How does this home compare to others in Bridgwater Lakes?
The home is very typical for the neighbourhood in terms of age and assessed value, ranking near the middle. Its lot size is above average for the street, offering more outdoor space than many nearby properties.

2. What does the "renovated basement" likely include?
While specific finishes aren't listed, a renovated basement in a home of this age typically means developed living space with proper flooring, drywall, and lighting, possibly as a rec room, additional bedroom, or home office.

3. Has the property value increased since it was last sold?
The home sold for $68,300 in September 2022. Its current assessed value is $63,100. It's important to consult with a real estate professional for a current market valuation, as assessed value for taxes doesn't always equal market price.

4. Is this a good street within the community?
The data suggests it's a quiet, established street. The home's lot size ranks better than most of its direct neighbours, but the street overall isn't among the largest or newest in Bridgwater Lakes.

5. Who would this property not suit?
Buyers seeking a brand-new build, a very large interior square footage, or a home that stands out as a top-tier property on its street might want to look elsewhere. It's a practical home for everyday living rather than a standout luxury offering.

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