201 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

83.8

Excellent

Overall 83.8 · Smaller than most nearby homes

1,628 sqft (bottom 20%) · 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

Below average

19% 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

83.8 is composed by the two sections below.

Property Score

84.7Excellent
Living Area1,628 sqft83Excellent
Year Built201394Excellent
Lot Size6,043 sqft81Excellent
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
1,628 sqft
0255075100
Same streetBottom 24%Same areaBottom 20%CitywideTop 24%
Same street · Sablewood Road
#58 / 76
Bottom 24% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#949 / 1,191
Bottom 20% · Avg 2,018 sqft
Citywide · Winnipeg
#46,504 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
613k
0255075100
Same streetTop 36%Same areaBottom 45%CitywideTop 7%
Same street · Sablewood Road
#27 / 76
Top 36% · Avg 583.3k
Same area · Bridgwater Lakes
#656 / 1,191
Bottom 45% · Avg 688.3k
Citywide · Winnipeg
#13,764 / 194,458
Top 7% · Avg 390.1k

Year Built

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

Lot Size

above average
6,043 sqft
0255075100
Same streetTop 14%Same areaTop 39%CitywideTop 30%

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

201 Sablewood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 186 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$550k–600k
Sold price

Same street

Top 27%

Same area

Bottom 46%

City-wide

Top 11%
Sold 5/2019CA$500k–550k
Sold price

Same street

Top 48%

Same area

Bottom 33%

City-wide

Top 15%
Sold 6/2016CA$450k–500k
Sold price

Same street

Bottom 30%

Same area

Bottom 19%

City-wide

Top 20%

Related homes

Highlights & common questions: 201 Sablewood Road, Winnipeg

Property Overview & Appeal

This well-maintained two-storey home in Bridgwater Lakes offers a blend of modern comfort and established community living. Built in 2013, its key characteristics include a renovated basement, an attached garage, and a generous 6,043 sqft lot that ranks larger than most on the street. While the living area is a comfortable 1,628 sqft, the property’s standout appeal lies in its strong value metrics. It sits in the top 10% of Winnipeg for newer construction and the top 6% for its current assessed value, suggesting a well-regarded and financially sound investment. The consistent appreciation in its sold price history points to a stable market position.

The home would suit practical buyers looking for a move-in ready property in a popular suburban neighbourhood without paying a premium for brand-new construction. It’s ideal for small families or professionals who value a large yard and the maturity of an established community like Bridgwater Lakes, where the landscaping and amenities have had time to develop. A thoughtful perspective is that this home represents a "sweet spot" – it’s past the initial settling phase of a new build but modern enough to avoid major near-term renovations, offering a balanced proposition.

Frequently Asked Questions

1. How does the lot size compare to the neighbourhood?
The lot of 6,043 sqft is notably larger than 86% of others on Sablewood Road, placing it in the top 14% on the street. This is a significant advantage for outdoor space compared to many newer suburban lots.

2. What does the assessed value history indicate?
The current assessed value of $61,300k shows strong growth from previous sale prices ($55.1k in 2021, $510k in 2019). It ranks in the top 6% in Winnipeg, indicating the property is assessed favourably relative to the market, which can be a positive sign for municipal tax value versus potential market value.

3. Is the living space typical for the area?
At 1,628 sqft, the living area is more modest, ranking below the majority of homes on its street and in Bridgwater Lakes. This suggests the property’s value is driven more by its lot size, condition (renovated basement), and overall desirability than by sheer square footage.

4. The home sold in 2021 and is now listed again. Is that a concern?
The 2021 sale was likely an arms-length transaction, given the clear price increase from 2019. A three-year ownership period is not unusually short in a dynamic market and does not inherently signal an issue, especially given the documented value growth during that time.

5. How established is the neighbourhood?
Built in 2013, the home is situated in a relatively mature phase of Bridgwater Lakes. The community’s landscaping and infrastructure are well-developed, and the property’s rankings suggest it is in a settled, desirable part of the overall area.

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