187 Lake Bend Road

Bridgwater Lakes, Winnipeg

Property score

85.3

Excellent

Overall 85.3 · Compared with neighbourhood average

1,850 sqft (bottom 40%) · Built in 2013 (2 yrs older than avg)

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

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby

Living Area

Near average

8% 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

85.3 is composed by the two sections below.

Property Score

87.2Excellent
Living Area1,850 sqft89Excellent
Year Built201394Excellent
Lot Size5,907 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
1,850 sqft
0255075100
Same streetBottom 28%Same areaBottom 40%CitywideTop 15%
Same street · Lake Bend Road
#69 / 96
Bottom 28% · Avg 2,159 sqft
Same area · Bridgwater Lakes
#715 / 1,191
Bottom 40% · Avg 2,018 sqft
Citywide · Winnipeg
#29,820 / 194,458
Top 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
566k
0255075100
Same streetBottom 12%Same areaBottom 29%CitywideTop 11%
Same street · Lake Bend Road
#84 / 96
Bottom 12% · Avg 843.2k
Same area · Bridgwater Lakes
#840 / 1,191
Bottom 29% · Avg 688.3k
Citywide · Winnipeg
#21,084 / 194,458
Top 11% · Avg 390.1k

Year Built

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

Lot Size

around average
5,907 sqft
0255075100
Same streetBottom 30%Same areaTop 42%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

187 Lake Bend Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 294 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 5/2021CA$500k–550k
Sold price

Same street

Bottom 16%

Same area

Bottom 34%

City-wide

Top 14%

Related homes

Highlights & common questions: 187 Lake Bend Road, Winnipeg

Property Overview: 187 Lake Bend Road, Bridgwater Lakes

Key Features & Ideal Buyer

This two-storey home, built in 2013, sits on a generous lot in the popular Bridgwater Lakes neighbourhood. Its key appeal lies in a balance of space and location, offering a modern home in a well-regarded community without the premium of a brand-new build. The property features an attached garage and a full, unfinished basement, providing a solid foundation for future customization.

The home’s strength is its relative value within a newer area of Winnipeg. While its living space is comfortably sized, the property truly stands out for its lot size, ranking better than 65% of all homes in the city for land area. This offers excellent outdoor potential. It suits first-time buyers or young families looking for a move-in-ready home in a newer suburb, with the understanding that the basement presents an opportunity to add value down the line. A thoughtful buyer will note that while the home is newer than 90% of Winnipeg properties, it is slightly older than many in its immediate street and neighbourhood, which may contribute to its accessible price point in this area.

Frequently Asked Questions

1. How does this home compare to others on the street?
The property offers a larger-than-average lot for the street but is an older build compared to many of its neighbours. This can represent a value opportunity for buyers who prioritize outdoor space over having the absolute newest home on the block.

2. What does the "unfinished basement" mean for me?
The basement is a blank canvas. It’s a significant opportunity to add living space and value according to your needs (e.g., a rec room, home office, or additional bedroom), but it requires planning and investment to finish.

3. The assessed value is much higher than the last sale price. Why?
The home last sold in May 2021 for $51,500. The current assessed value of $56,600 reflects the municipal assessment for taxation purposes and general market trends. It is a starting point for discussion, but the final sale price will be determined by the current market.

4. Is Bridgwater Lakes a good neighbourhood for families?
Yes, it is a modern, master-planned community known for its parks, pathways, and lakes. The neighbourhood ranks highly city-wide for newer homes and generally appeals to families seeking contemporary suburban living.

5. What are the immediate next-door properties like?
The listing suggests very close proximity to neighbouring homes, with the nearest two houses just 15 meters away. This is typical for the area and worth considering for privacy preferences.

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