235 Lake Bend Road

Bridgwater Lakes, Winnipeg

Property score

77.6

Good

Overall 77.6 · Smaller than most nearby homes

1,350 sqft (bottom 5%) · Built in 2015

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

Below average

33% smaller than neighborhood avg.

Taon ng Paggawa

Near average

0 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

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Property score

77.6 is composed by the two sections below.

Property Score

74.3Good
Living Area1,350 sqft71Good
Taon ng Paggawa201594Excellent
Lupa4,676 sqft60Fair
Neighbourhood Sales Activity79Good

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

Istatistika ng benta ng komunidad

Bridgwater Lakes

How to read: Share of sales in each ~$50k price band for “bridgwater lakes” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

karaniwan
1,350 sqft
0255075100
Same streetBottom 5%Same areaBottom 5%CitywideTop 38%
Same street · Lake Bend Road
#91 / 96
Bottom 5% · Avg 2,159 sqft
Same area · Bridgwater Lakes
#1,131 / 1,191
Bottom 5% · Avg 2,018 sqft
Citywide · Winnipeg
#74,866 / 194,458
Top 38% · Avg 1,342 sqft

Assessed Value

lampas sa average
487k
0255075100
Same streetBottom 2%Same areaBottom 4%CitywideTop 22%
Same street · Lake Bend Road
#94 / 96
Bottom 2% · Avg 843.2k
Same area · Bridgwater Lakes
#1,148 / 1,191
Bottom 4% · Avg 688.3k
Citywide · Winnipeg
#42,666 / 194,458
Top 22% · Avg 390.1k

Taon ng Paggawa

lampas sa average
2015
0255075100
Same streetTop 24%Same areaTop 34%CitywideTop 7%

Lupa

karaniwan
4,676 sqft
0255075100
Same streetBottom 9%Same areaBottom 20%CitywideBottom 37%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

235 Lake Bend Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 182 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%

Kasaysayan ng Benta

Naibenta 12/2024CA$500k–550k
Presyo ng benta

Parehong kalye

Bottom 20%

Parehong lugar

Bottom 39%

Buong lungsod

Top 13%
Naibenta 9/2017CA$400k–450k
Presyo ng benta

Parehong kalye

Bottom 4%

Parehong lugar

Bottom 7%

Buong lungsod

Top 32%
Naibenta 5/2016CA$350k–400k
Presyo ng benta

Parehong kalye

Bottom 1%

Parehong lugar

Bottom 4%

Buong lungsod

Top 37%

Related homes

Mga tampok at karaniwang tanong: 235 Lake Bend Road, Winnipeg

Property Overview

This single-storey home in Bridgwater Lakes, built in 2015, presents a practical opportunity. Its key appeal lies in being a relatively newer build on a spacious lot within a modern Winnipeg community. The detached garage and existing, unrenovated basement offer functional space and potential. However, the home's living area is notably compact compared to others on the street and in the neighbourhood.

The property would suit a first-time buyer or downsizer seeking a low-maintenance, single-level layout in a newer suburban area, who values land size over interior square footage and is comfortable with a home that may require updates. It's less suited for those needing ample above-ground living space or expecting top-tier finishes from the outset.

Key Considerations & FAQs

  1. Why is the recent sale price so much higher than the assessed value?
    The assessed value is for municipal tax purposes and often lags behind the current market. The December 2024 sale price of $530k reflects what a buyer was willing to pay in the active market at that time.

  2. How does the living space compare to the area?
    At 1,350 sqft, the living area ranks in the bottom 5% for both its street and the wider Bridgwater Lakes neighbourhood. Buyers should prioritize a viewing to ensure the layout and room sizes meet their needs.

  3. What does the lot size offer?
    The 4,676 sqft lot is a standout feature, providing ample outdoor space for gardening, play, or future additions like a deck or patio—a valuable asset in a newer community.

  4. What is the history of value here?
    The home has appreciated significantly since its 2016 sale for $385k. The consistent increases suggest a stable investment in a desirable area, though past performance is not a guarantee of future gains.

  5. Is the basement finished?
    No, the basement is noted as "not renovated." This presents both a cost and an opportunity: it will require investment to finish, but allows the next owner to customize the space to their exact preferences.

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