186 Bellflower Road

Bridgwater Lakes, Winnipeg

Property score

87.1

Excellent

Overall 87.1 · Compared with neighbourhood average

2,120 sqft (top 40%) · Built in 2014 (1 yr older than avg)

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

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 shop, and 1 park nearby

Living Area

Near average

5% larger 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

87.1 is composed by the two sections below.

Property Score

90.2Excellent
Living Area2,120 sqft94Excellent
Year Built201494Excellent
Lot Size5,544 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
2,120 sqft
0255075100
Same streetTop 18%Same areaTop 40%CitywideTop 8%
Same street · Bellflower Road
#20 / 113
Top 18% · Avg 1,785 sqft
Same area · Bridgwater Lakes
#476 / 1,191
Top 40% · Avg 2,018 sqft
Citywide · Winnipeg
#15,690 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
638k
0255075100
Same streetTop 16%Same areaTop 47%CitywideTop 6%
Same street · Bellflower Road
#18 / 113
Top 16% · Avg 564.9k
Same area · Bridgwater Lakes
#554 / 1,191
Top 47% · Avg 688.3k
Citywide · Winnipeg
#11,299 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
2014
0255075100
Same streetTop 6%Same areaTop 45%CitywideTop 8%

Lot Size

around average
5,544 sqft
0255075100
Same streetTop 38%Same areaBottom 41%CitywideTop 42%

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

186 Bellflower Road — 3 amenities found within 500 m, across 3 categories, including 1 dining (nearest 484 m), 1 shopping (nearest 466 m), 1 parks (nearest 399 m).

Search radius
🍽️Dining1
🛒Shopping1
🌳Parks1

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 4/2022CA$700k–750k
Sold price

Same street

Top 3%

Same area

Top 14%

City-wide

Top 2%

Related homes

Highlights & common questions: 186 Bellflower Road, Winnipeg

Property Overview: 186 Bellflower Road, Bridgwater Lakes

Key Characteristics & Appeal

This two-storey home, built in 2014, presents a well-maintained and modern living space in the popular Bridgwater Lakes neighbourhood. Its key features include a renovated basement, an attached garage, and a generous 2,120 sqft of living area on a sizable 5,544 sqft lot. The appeal lies in its balance of contemporary comforts and established community living. The home ranks highly against local comparables, particularly for its newer construction date, above-average living space, and strong historical sold price, suggesting it has been a solid investment.

The property would suit a range of buyers, most notably growing families or professionals seeking a move-in ready home in a newer suburban area without the premium of a brand-new build. Its above-average rankings for space, value, and recent sale price also make it a practical consideration for value-conscious buyers who prioritize metrics of long-term equity and neighbourhood standing over flashy upgrades.


Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows it consistently ranks in the top tier of Bridgwater Lakes for key metrics. It’s newer than 94% of homes on its street, has more living space than 82%, and its last sold price was higher than 96% of street comparables. This indicates it’s a superior property within an already desirable locale.

2. What does the "renovated basement" likely entail?
While specifics aren’t listed, a renovated basement in a 2014 home typically means finished living space added after the initial build. It’s wise to inquire about the renovation’s date, permits, and whether it includes a bedroom, bathroom, or dedicated living/entertainment area.

3. The assessed value is much lower than the last sale price. Why?
This is common. Municipal assessed values for tax purposes often lag behind market values and use different valuation methods. The 2022 sale price of $474,600 is a far more accurate reflection of its recent market worth.

4. Is the property a good value based on the data?
The numbers suggest a history of strong value retention. It last sold for a price that placed it in the top 3% of all Winnipeg properties, and its assessed value is in the top 5%. This consistent high ranking against comparables points to a property that has maintained its market position.

5. What are the less obvious considerations?
While the home ranks highly, note that it is now 12 years old, entering a phase where original components (like the roof, HVAC, or appliances) may need attention or updates. Additionally, its top-tier past performance sets a high benchmark; future appreciation may align more closely with average neighbourhood trends rather than exceeding them.

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