Property score
89.1
Excellent
Overall 89.1 · Compared with neighbourhood average
2,255 sqft (top 33%) · Built in 2013 (2 yrs older than avg)
Located in a high-income area with median household income of ~103k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Near average
12% 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)
738
647.5k
$319/sqft
2015
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89.1 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
174 Lake Bend Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 346 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 6% | Top 2% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview
174 Lake Bend Road is a well-maintained, one-storey home in the popular Bridgwater Lakes neighbourhood. Built in 2013, it sits on a generous 7,208 sqft lot, which is larger than most in the immediate area. The home features a renovated basement and an attached garage. Its standout characteristic is its exceptional value positioning; the property's assessed value ranks in the top 5% of the neighbourhood and remarkably in the top 0% of all Winnipeg, indicating a very strong municipal valuation relative to its last sale price. This creates a compelling foundation for equity.
The appeal lies in its combination of modern convenience, established community, and quantifiable value. The home offers above-average living space (2,255 sqft) for a one-storey layout, ranking in the top 5% city-wide for size. It suits buyers looking for a move-in ready home in a family-oriented, newer suburb who also appreciate a property with a demonstrated history of value retention and growth. It’s particularly suited for those who prioritize single-level living or want a main-floor primary bedroom, and for value-conscious buyers who see the strong assessment as a marker of stability.
Frequently Asked Questions
1. What does the "Top 0% in Winnipeg" assessment ranking actually mean?
It means the property's municipal assessed value of $128,200 is higher than 100% of compared homes in Winnipeg. This doesn't dictate market price, but it strongly suggests the city views this property as being in an elite tier for its assessed value, which can be a positive indicator for property taxes relative to value and long-term equity.
2. The home was last sold in 2021. Is there a reason to be concerned?
Not necessarily. The 2021 sale price was $150,000 above the current assessed value, which was near a market peak. The current high assessment against that sale price may indicate the property held its value better than many through subsequent market adjustments.
3. The year built (2013) ranks lower than the size and value metrics. Is that an issue?
This is a relative measure. Being newer than only 23% on its street simply means most nearby homes were built more recently, which is common in a developing suburb. The key is that a 13-year-old home is still modern, likely with updated building standards, and past any initial "new home" settling issues.
4. Who would this one-storey layout not suit?
Buyers who need multiple bedrooms on separate floors for privacy, or those who prefer the distinct separation of living and sleeping spaces that a two-storey home provides, might find the layout less ideal. It's perfect for accessibility or single-level living preferences.
5. The lot is large, but what about the neighbourhood feel?
Bridgwater Lakes is known for its ponds and pathways. A large lot here offers more private outdoor space while still providing access to the community's manicured, walkable amenities. It balances privacy with the connected feel of a planned community.
