209 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

88.9

Excellent

Overall 88.9 · Larger and newer than most nearby homes

2,358 sqft (top 23%) · Built in 2016 (1 yr newer 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 park nearby

Living Area

Above average

17% larger than neighborhood avg.

Year Built

Above average

1 yrs newer 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

Need help understanding this property?

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

Property score

88.9 is composed by the two sections below.

Property Score

93.1Excellent
Living Area96
2,358 sqftExcellent
Year Built97
2016Excellent
Lot Size81
6,139 sqftExcellent
Neighbourhood Sales Activity79
Good

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

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

Elite
2,358 sqft
0255075100
Same streetTop 16%Same areaTop 23%CitywideTop 4%
Same street · Sablewood Road
#12 / 76
Top 16% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#276 / 1,191
Top 23% · Avg 2,018 sqft
Citywide · Winnipeg
#8,145 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
771k
0255075100
Same streetTop 3%Same areaTop 16%CitywideTop 3%
Same street · Sablewood Road
#2 / 76
Top 3% · Avg 583.3k
Same area · Bridgwater Lakes
#196 / 1,191
Top 16% · Avg 688.3k
Citywide · Winnipeg
#5,060 / 194,458
Top 3% · Avg 390.1k

Year Built

Elite
2016
0255075100
Same streetTop 1%Same areaTop 28%CitywideTop 6%

Lot Size

above average
6,139 sqft
0255075100
Same streetTop 8%Same areaTop 37%CitywideTop 28%

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

209 Sablewood Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 154 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 9/2023CA$650k–700k
Sold price

Same street

Top 9%

Same area

Top 23%

City-wide

Top 4%
Sold 10/2016CA$450k–500k
Sold price

Same street

Bottom 41%

Same area

Bottom 24%

City-wide

Top 18%

Related homes

Highlights & common questions: 209 Sablewood Road, Winnipeg

Property Overview

This two-storey home on a large lot in Bridgwater Lakes presents a compelling opportunity. Built in 2016, it combines modern construction with established neighbourhood maturity. Its key appeal lies in a rare blend of above-average space, a desirable location within the community, and significant value appreciation, as evidenced by its history. The home suits growing families or professionals seeking a move-in ready property in a newer suburb, with the added benefit of a renovated basement for flexible living space.

A closer look reveals thoughtful strengths. The lot size is notably larger than most on the street, offering premium outdoor space. While newer than almost every home on Sablewood Road, it’s not the absolute newest in the wider area, suggesting a sweet spot where initial development issues are resolved but the home remains contemporary. Its assessed value ranks extremely high city-wide, indicating official recognition of its calibre, yet its last sale price was proportionally even higher, pointing to strong market demand exceeding the tax assessment.

Frequently Asked Questions

How does the lot size compare practically?
At over 6,100 sq ft, the lot is larger than 92% of properties on the street. This translates to more private backyard space and potential for landscaping, gardens, or recreation compared to typical newer suburban lots.

What does the sale history indicate?
The home sold for $670,000 in late 2023, a significant increase from its 2016 sale price of $482,000. This demonstrates strong capital growth, and the 2023 sale establishes a very recent, high market-value benchmark.

Is the basement renovation reflected in the official assessment?
The assessed value is $77,100, which is for taxation purposes and often lags behind market value and renovations. The high market sale price likely captures the value of the renovated basement, which adds functional living space.

How does this home rank within Bridgwater Lakes?
It ranks in the top tiers for lot size, living area, and assessed value within the neighbourhood. It sits comfortably above average, positioning it as a premium property within Bridgwater Lakes itself.

What is the immediate neighbourhood like?
The direct vicinity consists of similar two-storey homes from the same development period, suggesting a consistent streetscape. The high rankings on its specific street indicate it is among the larger and newer homes in this immediate block.