Property score
88.7
Excellent
Overall 88.7 · Newer than most nearby homes
2,004 sqft (top 49%) · Built in 2017 (2 yrs 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: 2 parks nearby
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Above average
2 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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88.7 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
220 Lake Bend Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 244 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 6% | Top 2% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 220 Lake Bend Road
Section 1: Key Characteristics & Appeal
This well-appointed one-storey home in Bridgwater Lakes is defined by its modern convenience and strong market position. Built in 2017, it offers move-in-ready appeal with a renovated basement and desirable amenities like a pool and attached garage. The property stands out for its generous 7,276 sqft lot, which is larger than 80% of others on the street, providing ample outdoor space.
Its primary appeal lies in a combination of recent construction, significant lot size, and proven value appreciation. The home’s assessed value of $1,020,000 places it in the top tier for Winnipeg, and its 2021 sale price of $1,150,000 suggests a history of strong market performance. This is a property for buyers seeking a low-maintenance, single-level layout in a sought-after newer community, without compromising on yard space. It would suit professionals or empty-nesters looking for modern finishes, recreational amenities (the pool), and a property that holds a competitive edge in both its immediate neighbourhood and the broader city market. A thoughtful perspective is that while the living area is moderately sized for the street, the investment value is bolstered by the premium lot and the home’s relative newness, offering a balance of livability and solid asset growth.
Section 2: Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
The lot is 7,276 sqft, which is larger than 85% of all residential properties in Winnipeg, making it a significant feature for a newer home.
2. What does the sold price history indicate?
The home sold for $1,150,000 in September 2021. When compared to its current assessed value, this history provides a concrete benchmark of its market value in recent years.
3. Is the living space large for the area?
At 2,004 sqft, the living area is fairly typical for the Bridgwater Lakes neighbourhood, ranking near the middle. The home’s value is more distinguished by its lot size, assessed value, and modern build year.
4. How does the build year affect this home?
Built in 2017, the home is newer than 94% of properties in Winnipeg. This suggests modern building standards, less immediate need for major updates, and potentially lower maintenance costs in the near term.
5. What is the neighbourhood context of this property?
It sits in Bridgwater Lakes, a modern community. The data shows the property ranks highly within its own neighbourhood for assessed value (top 9%) and lot size (top 20%), indicating it is a premium offering within an already desirable area.
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