Property score
86.3
Excellent
Overall 86.3 · Newer than most nearby homes
1,856 sqft (bottom 41%) · Built in 2016 (1 yr newer than avg)
Located in a high-income area with median household income of ~103k
Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
8% smaller 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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86.3 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
51 Lake Bend Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 251 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 49% | Top 28% | Top 5% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 49% | Top 29% | Top 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 51 Lake Bend Road, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This modern two-storey home, built in 2016, sits on a generous 6,151 sqft lot in the sought-after Bridgwater Lakes neighbourhood. Its key features include a renovated basement and an attached garage. The home’s primary appeal lies in its balance of contemporary living within a well-established community.
The property’s standout characteristic is its strong position in city-wide metrics. It ranks in the top 7% of Winnipeg for the newness of its build (2016) and the top 6% for its assessed value, suggesting a solid, modern foundation with favourable official valuation. The lot size is also notably larger than average for the street. Recent sale prices show steady appreciation, indicating a history of solid market performance.
This home would suit buyers looking for a move-in-ready property in a newer suburb without the premium of a brand-new build. It’s ideal for growing families or professionals who value space, modern amenities, and a community with mature infrastructure. The renovated basement adds immediate functional space for entertainment, a home office, or guests. A thoughtful perspective: its high city-wide rankings for value and age, paired with mid-tier street rankings, could represent a "best of both worlds" opportunity—offering premium community benefits without the absolute peak price point of the most exclusive lots.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 6,151 sqft, the lot is larger than 53% of properties on Lake Bend Road, offering more outdoor space than many of its immediate neighbours.
2. What does the recent sale history indicate?
The home sold for $650,000 in November 2024, up from $640,000 in June 2021. This indicates a pattern of steady value retention and modest appreciation over the last few years.
3. Is the property assessed above or below its recent sale price?
The assessed value is significantly lower at $62,700. It’s important to note that municipal assessments for tax purposes often differ from current market value, which is better reflected by the recent sale price.
4. How modern is this home compared to Winnipeg overall?
Built in 2016, the home is newer than 93% of properties in Winnipeg, placing it in the top 7% city-wide for the age of the build.
5. What is the neighbourhood ranking for this property?
The home ranks in the top 35% of its neighbourhood (Bridgwater Lakes) for lot size and the top 28% for the newness of its construction, positioning it as an above-average property within an already desirable community.
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