2 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

84.1

Excellent

Overall 84.1 · Compared with neighbourhood average

1,827 sqft (bottom 37%) · Built in 2013 (2 yrs older than avg)

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

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 shop, 1 park, and 1 fuel station nearby

Living Area

Below average

9% 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

84.1 is composed by the two sections below.

Property Score

85.1Excellent
Living Area1,827 sqft89Excellent
Year Built201394Excellent
Lot Size4,856 sqft60Fair
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
1,827 sqft
0255075100
Same streetTop 43%Same areaBottom 37%CitywideTop 16%
Same street · Sablewood Road
#33 / 76
Top 43% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#751 / 1,191
Bottom 37% · Avg 2,018 sqft
Citywide · Winnipeg
#31,443 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
577k
0255075100
Same streetTop 41%Same areaBottom 34%CitywideTop 10%
Same street · Sablewood Road
#31 / 76
Top 41% · Avg 583.3k
Same area · Bridgwater Lakes
#792 / 1,191
Bottom 34% · Avg 688.3k
Citywide · Winnipeg
#19,017 / 194,458
Top 10% · Avg 390.1k

Year Built

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

Lot Size

around average
4,856 sqft
0255075100
Same streetTop 46%Same areaBottom 21%CitywideBottom 41%

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

2 Sablewood Road — 3 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 391 m), 1 parks (nearest 196 m).

Search radius
🛒Shopping1
🌳Parks1
Fuel Stations1

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 8/2016CA$400k–450k
Sold price

Same street

Bottom 20%

Same area

Bottom 11%

City-wide

Top 27%

Related homes

Highlights & common questions: 2 Sablewood Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Lakes presents a modern, low-maintenance living option. Built in 2013, it sits on a standard lot and features a renovated basement and a detached garage. The appeal lies in its contemporary age, recent updates, and its position within a newer, planned community. It offers a turnkey solution for buyers who prioritize a home that’s largely move-in ready without the concerns of older infrastructure.

The data suggests it suits first-time buyers or young families looking for a modern home in a suburban neighbourhood without a premium price tag. It also fits downsizers seeking a manageable property with main-floor living potential and the finished basement for guests or hobbies. A thoughtful perspective is its relative value; while not the largest on the street, its assessed value ranks highly city-wide, indicating it’s a solid asset within its class. Its appeal is practical rather than luxurious, ideal for someone who values a newer build and a quiet, family-oriented area over a sprawling lot or custom features.


Frequently Asked Questions

1. How does the lot size compare to others in the area?
At just under 5,000 sqft, the land area is fairly typical for Bridgwater Lakes. It ranks near the middle of the street, meaning it’s neither particularly large nor small for this specific community.

2. What does the "renovated basement" likely include?
While specifics require a viewing, a renovated basement in a home of this age typically means it is fully finished as a living space, potentially including a recreation room, additional bedrooms, or a bathroom, adding significant functional square footage.

3. The home sold in 2016. Is that a concern?
Not necessarily. An eight-year ownership period suggests stability and that the sellers likely made it a home, not a short-term investment. It may indicate well-considered updates during their tenure.

4. How does the assessed value relate to the asking price?
The assessed value is for municipal tax purposes and is not a direct indicator of market value. However, its high percentile rank city-wide (top 9%) suggests the property is considered a substantial asset compared to many Winnipeg homes, which can be a positive signal for equity.

5. What are the trade-offs of a detached garage?
A detached garage offers flexibility for potential workshop use or separation from house noise. The trade-off is convenience, particularly during Winnipeg winters, as you must go outside to access your vehicle from the home.

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