Property score
79.0
Good
Overall 79.0 · Smaller than most nearby homes
1,494 sqft (bottom 11%) · Built in 2014 (1 yr 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
26% smaller 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)
738
647.5k
$319/sqft
2015
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
79.0 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
203 Lake Bend Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 236 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 24% | Top 49% | Top 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 203 Lake Bend Road
Key Characteristics & Appeal
This 2014 two-storey home in Bridgwater Lakes offers a renovated basement and an attached garage on a nearly 5,000 sqft lot. Its core appeal lies in being a well-maintained, modern home within a sought-after newer community. The data reveals a nuanced position: while the living space (1,494 sqft) is more compact compared to many neighbours, the property excels in its lot size, recent sale price, and overall assessed value, which rank in the top tiers for Winnipeg. This suggests a property that is a solid financial asset in the city, even if it’s not the largest floor plan on its street.
The home would suit first-time buyers or small families looking for a low-maintenance, modern build in a prime community without the premium for maximum square footage. It also appeals to the value-conscious buyer who prioritizes a large yard, updated finishes (as seen in the basement), and strong city-wide valuation metrics over having the biggest house in the immediate area. A thoughtful perspective is that this property represents an efficient entry point into Bridgwater Lakes, offering the community's amenities and newer infrastructure at a relatively accessible point.
Frequently Asked Questions
1. How does this home’s size compare to others in Bridgwater Lakes?
The living area is 1,494 sqft, which is below the neighbourhood average. However, the lot is larger than most, and the home’s assessed and recent sale values are strong for the area, indicating quality and updates may offset the smaller footprint.
2. What does the ranking data actually mean?
The rankings compare this property against others on the same street, in the neighbourhood, and across Winnipeg. For example, its assessed value is in the top 10% city-wide, but its living area is in the bottom 30% for the neighbourhood. This provides context on where the property excels or is more modest.
3. Has the property been recently updated?
The listing confirms a renovated basement. The age of other systems (roof, HVAC) should be verified, as the home is now 12 years old and may be approaching some routine maintenance or replacement intervals.
4. Is the price fair based on recent sales?
The home sold for $456,800 in October 2024. This sale price ranked better than 90% of Winnipeg properties sold, suggesting it was a strong, competitive sale for the city, though it was a more average price within its immediate street and neighbourhood.
5. What is the community of Bridgwater Lakes like?
Bridgwater Lakes is a modern, master-planned community known for its lakes, pathways, and newer amenities. This home is centrally located within it, close to parks and other residences, as indicated by the list of nearby properties on the same road.
