Property score
85.1
Excellent
Overall 85.1 · Compared with neighbourhood average
1,903 sqft (bottom 43%) · Built in 2013 (2 yrs older than avg)
Located in a high-income area with median household income of ~103k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 shops, 1 park, and 1 fuel station nearby
Living Area
Near average
6% 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)
738
647.5k
$319/sqft
2015
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85.1 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
38 Sablewood Road — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 456 m), 2 shopping (nearest 335 m), 1 parks (nearest 247 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 17% | Top 46% | Top 9% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 39% | Bottom 24% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 38 Sablewood Road, Bridgwater Lakes
Key Characteristics & Appeal
This well-maintained two-storey home, built in 2013, sits on a generous 4,675 sqft lot in the modern Bridgwater Lakes community. Its key features include a renovated basement and a detached garage. The home’s primary appeal lies in its strong, above-average positioning within a newer neighbourhood. While its living space (1,903 sqft) is comfortable, the property stands out for its lot size, which is larger than most on the street, and its newer build age compared to the wider Winnipeg market. Recent sale history shows significant value appreciation between 2021 and 2022.
This property would suit buyers looking for a move-in ready home in a planned community, who prioritize a larger yard and a modern build over maximum interior square footage. It’s a solid choice for those seeking a balance between community amenities and private outdoor space, with the added value of a finished basement. The data suggests it represents a stable, mid-to-upper-tier option within its immediate area, appealing to growing families or professionals.
Frequently Asked Questions
1. How does this home truly compare to others in Bridgwater Lakes?
The data indicates a mixed position. The lot size and newer build age are strengths compared to the street and city, but the assessed value and living area are more average within the immediate neighbourhood. This suggests you're getting a great yard and a modern structure, but the interior size is typical for the area.
2. What does the sale history tell us?
The home sold for $482k in early 2021 and then $575k in mid-2022. This sharp increase aligns with the peak market period. Understanding why the sellers are moving now, and how the current price relates to that 2022 sale price, will be key to assessing today's value.
3. Is the renovated basement a legal suite?
The listing notes a "renovated basement" but does not specify it as a legal rental suite. This is a crucial distinction for financing, insurance, and income potential, and must be verified with the seller and city records.
4. What are the implications of a detached garage?
A detached garage offers flexibility (e.g., for a workshop) and can reduce noise transfer to the main house. However, it is less convenient during Winnipeg winters compared to an attached garage. Consider your daily routine and tolerance for seasonal weather.
5. The "rankings" show it's in the top 9% of Winnipeg for assessed value. Does that make it a good value?
Being in a high percentile for assessed value primarily means the property is valued higher than most in the city—it's a measure of standing, not necessarily a bargain. The value question hinges on whether the features, location, and condition justify that assessed valuation compared to similar homes in Bridgwater Lakes and nearby communities.
