Property score
88.9
Excellent
Overall 88.9 · Larger and newer than most nearby homes
2,345 sqft (top 26%) · 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
16% 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)
738
647.5k
$319/sqft
2015
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88.9 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
217 Sablewood Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 123 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 | Top 24% | Bottom 47% | Top 10% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Bottom 22% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview & Key Characteristics
This two-storey home in Bridgwater Lakes presents a compelling blend of modern living and established value. Built in 2016, it sits on a generous 6,139 sqft lot and offers 2,345 sqft of living space, placing it in the top tier of homes in Winnipeg for both size and assessed value. A key feature is the renovated basement, adding flexible living space. The home’s appeal lies in its position within a desirable, relatively new neighbourhood, where it consistently ranks highly against its peers for lot size, modernity, and municipal assessment—signalling a well-regarded property in a stable community.
It would particularly suit buyers looking for a move-in ready home in a family-oriented area who value both space and a modern build. The strong assessed value history suggests it’s a sound investment for those prioritizing long-term equity, appealing to both growing families and professionals seeking a home that stands out in its local market.
Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
The home’s assessed value is in the top 2% of all Winnipeg properties, indicating the city views it as a high-value asset relative to others. This often correlates with strong resale value and desirability, though market conditions ultimately determine the final sale price.
2. How does the renovated basement add value?
Beyond the extra square footage, a finished basement provides versatile space that can serve as a recreational area, home office, or guest suite without the need for immediate renovation work, offering both functional and financial benefits from day one.
3. The home sold for significantly less in 2019. Is this a concern?
Not necessarily. The jump in value between the 2019 and current assessed price likely reflects the basement renovation, strong market appreciation for the neighbourhood, and the home’s maturation in a sought-after community. It highlights a trajectory of added value.
4. Who might this neighbourhood, Bridgwater Lakes, appeal to?
Bridgwater Lakes is a master-planned community known for its parks, pathways, and lakes. It attracts buyers seeking a suburban feel with modern amenities, good schools, and a strong sense of community, ideal for those moving from older city neighbourhoods or newer suburbs.
5. Are there any less obvious advantages to this specific property?
The data shows it’s newer than 93% of Winnipeg homes, suggesting lower immediate costs for major component replacements (like roof or HVAC). Additionally, its high rankings across multiple categories—not just one—indicate a consistently superior profile within its area, which can provide a sense of stability and pride of ownership.
