243 Lake Bend Road

Bridgwater Lakes, Winnipeg

Property score

75.8

Good

Overall 75.8 · Smaller than most nearby homes

1,293 sqft (bottom 3%) · Built in 2013 (2 yrs older 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

Below average

36% smaller than neighborhood avg.

Year Built

Below average

2 yrs older 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

75.8 is composed by the two sections below.

Property Score

71.3Good
Living Area66
1,293 sqftGood
Year Built94
2013Excellent
Lot Size60
4,676 sqftFair
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

around average
1,293 sqft
0255075100
Same streetBottom 3%Same areaBottom 3%CitywideTop 42%
Same street · Lake Bend Road
#93 / 96
Bottom 3% · Avg 2,159 sqft
Same area · Bridgwater Lakes
#1,150 / 1,191
Bottom 3% · Avg 2,018 sqft
Citywide · Winnipeg
#81,870 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
539k
0255075100
Same streetBottom 7%Same areaBottom 21%CitywideTop 14%
Same street · Lake Bend Road
#89 / 96
Bottom 7% · Avg 843.2k
Same area · Bridgwater Lakes
#946 / 1,191
Bottom 21% · Avg 688.3k
Citywide · Winnipeg
#27,386 / 194,458
Top 14% · Avg 390.1k

Year Built

above average
2013
0255075100
Same streetBottom 23%Same areaBottom 33%CitywideTop 9%

Lot Size

around average
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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

243 Lake Bend Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 179 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%

Sales History

Sold 7/2023CA$500k–550k
Sold price

Same street

Bottom 18%

Same area

Bottom 37%

City-wide

Top 13%
Sold 6/2021CA$500k–550k
Sold price

Same street

Bottom 14%

Same area

Bottom 33%

City-wide

Top 15%

Related homes

Highlights & common questions: 243 Lake Bend Road, Winnipeg

Property Overview & Key Characteristics

This well-maintained, one-storey home in Bridgwater Lakes offers a practical layout on a generous 4,676 sqft lot. Built in 2013, its key updated feature is a renovated basement, adding valuable finished space to the 1,293 sqft main living area. The home includes a detached garage.

The appeal lies in its balance of a modern, low-maintenance design within a sought-after, newer community. The lot size is a significant asset, offering more outdoor space than many newer properties, which is ideal for gardening, play, or future expansion. Its assessed value has shown steady, modest growth, suggesting a stable investment in a desirable area.

This property would suit first-time buyers or downsizers seeking a single-level living in a family-friendly neighbourhood without a major renovation project. It’s also a pragmatic choice for value-focused buyers who prioritize lot size and a move-in-ready condition over a large interior footprint.

Frequently Asked Questions

1. How does the lot size compare to others in the area?
At 4,676 sqft, the lot is larger than 91% of others on Lake Bend Road, making it a standout feature for the street and offering more private outdoor space than typical.

2. What is the significance of the recent basement renovation?
The renovation adds immediate functional living space without the need for future investment. It’s a key update that differentiates this home from others of a similar age that may have unfinished lower levels.

3. How does the property’s value history look?
The home has sold twice in recent years (2021 and 2023) at progressively higher prices, and its current assessed value is consistent with that trend, indicating stable market performance within its segment.

4. Who might find the living area size suitable?
At 1,293 sqft (plus basement), the layout is efficient for individuals, couples, or small families. Buyers looking for a very large primary living space may find it compact, but the renovated basement effectively expands the usable area.

5. What does the "rank" data for the home actually tell me?
These rankings contextualize the home’s specific metrics (like lot size, age, value) against its immediate street, wider neighbourhood, and all of Winnipeg. For example, while the home is newer than 90% of Winnipeg properties, its living area is smaller than most on its specific street, highlighting its balance of modern age and a more modest footprint.