193 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

86.5

Excellent

Overall 86.5 · Compared with neighbourhood average

2,109 sqft (top 41%) · 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

5% 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

86.5 is composed by the two sections below.

Property Score

89.2Excellent
Living Area2,109 sqft94Excellent
Year Built201394Excellent
Lot Size5,431 sqft67Good
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
2,109 sqft
0255075100
Same streetTop 29%Same areaTop 41%CitywideTop 8%
Same street · Sablewood Road
#22 / 76
Top 29% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#488 / 1,191
Top 41% · Avg 2,018 sqft
Citywide · Winnipeg
#16,139 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
643k
0255075100
Same streetTop 30%Same areaTop 45%CitywideTop 6%
Same street · Sablewood Road
#23 / 76
Top 30% · Avg 583.3k
Same area · Bridgwater Lakes
#536 / 1,191
Top 45% · Avg 688.3k
Citywide · Winnipeg
#10,930 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
2013
0255075100
Same streetTop 17%Same areaBottom 33%CitywideTop 9%

Lot Size

around average
5,431 sqft
0255075100
Same streetTop 32%Same areaBottom 36%CitywideTop 45%

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

193 Sablewood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 220 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 10/2023CA$600k–650k
Sold price

Same street

Top 11%

Same area

Top 31%

City-wide

Top 5%

Related homes

Highlights & common questions: 193 Sablewood Road, Winnipeg

Property Summary: 193 Sablewood Road, Bridgwater Lakes

Section 1: Overview & Appeal

This well-presented two-storey home in the popular Bridgwater Lakes community offers a balanced mix of modern comfort and established neighbourhood living. Built in 2013, it sits on a generous lot and features a renovated basement and an attached garage. Its key appeal lies in its strong positional standing within a desirable area. The home ranks consistently above average for its lot size, living space, and assessed value not just on its street, but across Winnipeg. Notably, it ranks in the top 10% of the city for being a newer build and in the top 7% for living area, meaning it offers more modern space than most available homes.

The property would suit buyers looking for a move-in ready family home in a mature, master-planned community. It’s particularly appealing for those who value data-driven metrics, as its rankings suggest a property that outperforms many peers in terms of size, age, and value. It also represents a solid option for buyers wanting to settle in a sought-after area without purchasing a brand-new build, benefiting from established landscaping and a settled neighbourhood feel.

Section 2: Frequently Asked Questions

1. What does the ranking data actually mean?
The percentile rankings (e.g., "Better than 71% on the same street") show how this property compares to similar listed properties in each category. A higher percentage means the home scores better on that specific metric, like lot size or year built, compared to the competition.

2. Is the renovated basement a legal suite?
The listing specifies a "renovated basement" but does not state it is a legal secondary suite. Buyers interested in rental income or a separate in-law space should verify the renovations comply with local codes and licensing.

3. The home sold recently in October 2023. Why is it back on the market?
While the brief ownership could suggest many things—from a change in personal circumstances to an investor flipping—it’s an important point for buyers to explore with their agent to understand the property’s recent history.

4. How does the assessed value compare to the asking price?
The 2024 assessed value is $64,300, which is very close to its last sold price of $635,000 in late 2023. This close alignment can indicate the market and city assessment are in agreement, providing a benchmark for the current listing price.

5. What is the Bridgwater Lakes community like?
As part of the wider Bridgwater master-planned area, Bridgwater Lakes typically offers a mix of residential styles with access to pathways, parks, and nearby amenities. The high city-wide rankings for this home suggest the specific lot and location within the community are considered premium.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.