196 Bellflower Road

Bridgwater Lakes, Winnipeg

Property score

88.4

Excellent

Overall 88.4 · Compared with neighbourhood average

2,021 sqft (top 47%) · 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 park nearby

Living Area

Near average

0% 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

88.4 is composed by the two sections below.

Property Score

92.3Excellent
Living Area2,021 sqft94Excellent
Year Built201494Excellent
Lot Size7,106 sqft88Excellent
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
2,021 sqft
0255075100
Same streetTop 24%Same areaTop 47%CitywideTop 10%
Same street · Bellflower Road
#27 / 113
Top 24% · Avg 1,785 sqft
Same area · Bridgwater Lakes
#565 / 1,191
Top 47% · Avg 2,018 sqft
Citywide · Winnipeg
#20,163 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
614k
0255075100
Same streetTop 19%Same areaBottom 46%CitywideTop 7%
Same street · Bellflower Road
#22 / 113
Top 19% · Avg 564.9k
Same area · Bridgwater Lakes
#649 / 1,191
Bottom 46% · Avg 688.3k
Citywide · Winnipeg
#13,634 / 194,458
Top 7% · Avg 390.1k

Year Built

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

Lot Size

above average
7,106 sqft
0255075100
Same streetTop 7%Same areaTop 22%CitywideTop 16%

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

196 Bellflower Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 367 m).

Search radius
🌳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 9/2016CA$450k–500k
Sold price

Same street

Bottom 42%

Same area

Bottom 26%

City-wide

Top 18%

Related homes

Highlights & common questions: 196 Bellflower Road, Winnipeg

Property Overview: 196 Bellflower Road, Bridgwater Lakes

Key Characteristics & Appeal

This two-storey home, built in 2014, sits on a generous 7,106 sqft lot in the popular Bridgwater Lakes neighbourhood. Its key features include a renovated basement, an attached garage, and a comfortable 2,021 sqft of living space. The appeal lies in its modern age combined with established community amenities, offering a move-in-ready canvas in a sought-after area.

The home’s standout characteristic is its strong positional ranking within a newer community. It ranks in the top quartile for lot size, building age, and living area on its own street, indicating it's a above-average offering in its immediate setting. This suggests a property that provides good space and relative newness compared to its direct neighbours. The renovated basement adds immediate functional living space without the need for a project.

This property would suit a young family or professional couple looking for a modern home in a master-planned community. It’s ideal for buyers who value neighbourhood amenities like parks and pathways, and who want a home that’s updated and low-maintenance but not brand new. It also presents a solid opportunity for someone who appreciates a home with strong fundamentals (lot size, age) that has already seen some value-adding improvements.


Frequently Asked Questions

1. How does the assessed value compare to the likely asking or market value?
The assessed value is a municipal figure for tax purposes and is typically lower than market value. The last known sale was in 2016 for $48.8k, so the current assessed value of $61.4k reflects growth, but a professional appraisal or comparative market analysis is needed to determine today's selling price.

2. The home ranks highly on its street but mid-range in the wider neighbourhood. What does this mean?
This indicates Bellflower Road is a desirable street within Bridgwater Lakes, with larger, newer homes. While the property shines on its own block, it faces more competition when compared to the entire, diverse neighbourhood. This can be a positive, as it means you're buying into a strong micro-location.

3. What is the significance of the renovated basement?
A renovated basement adds immediate liveable square footage, which could be used as a family room, home office, or guest space. It removes a major potential renovation cost and project for a new owner, adding to the home's move-in readiness.

4. The lot is large for the area. What are the potential benefits?
A 7,106 sqft lot in a newer community offers more private outdoor space than many modern subdivisions allow. This provides ample room for gardening, play structures, patios, or future additions like a shed or deck, enhancing long-term livability.

5. The home was last sold in 2016. Is there any concern about the seller's motivation?
Not necessarily. An eight-year ownership period suggests stability and is a typical timeframe for a first or second home. It indicates the sellers likely enjoyed the property and neighbourhood, and are now moving due to a natural life change (e.g., growing family, relocation), not a quick, distressed sale.

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