54 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

73.6

Good

Overall 73.6 · Smaller than most nearby homes

1,115 sqft (bottom 1%) · Built in 2013 (2 yrs older than avg)

Located in a high-income area with median household income of ~103k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 shops, 1 park, and 1 bank/ATM nearby

Living Area

Below average

45% 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

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Property score

73.6 is composed by the two sections below.

Property Score

67.7Good
Living Area60
1,115 sqftFair
Year Built94
2013Excellent
Lot Size60
4,675 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
1,115 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 41%
Same street · Sablewood Road
#75 / 76
Bottom 1% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#1,178 / 1,191
Bottom 1% · Avg 2,018 sqft
Citywide · Winnipeg
#114,810 / 194,458
Bottom 41% · Avg 1,342 sqft

Tax-Assessed Value

around average
429k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideTop 32%
Same street · Sablewood Road
#75 / 76
Bottom 1% · Avg 583.3k
Same area · Bridgwater Lakes
#1,190 / 1,191
Bottom 1% · Avg 688.3k
Citywide · Winnipeg
#62,489 / 194,458
Top 32% · Avg 390.1k

Year Built

above average
2013
0255075100
Same streetTop 17%Same areaBottom 33%CitywideTop 9%

Lot Size

around average
4,675 sqft
0255075100
Same streetBottom 46%Same areaBottom 19%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

54 Sablewood Road — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 444 m), 2 shopping (nearest 332 m), 1 parks (nearest 271 m).

Search radius
🍽️Dining1
🛒Shopping2
🌳Parks1
🏦Finance1
Fuel Stations1

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 6/2020CA$350k–400k
Sold price

Same street

Bottom 3%

Same area

Bottom 1%

City-wide

Top 42%
Sold 7/2019CA$350k–400k
Sold price

Same street

Bottom 2%

Same area

Bottom 1%

City-wide

Top 43%

Related homes

Highlights & common questions: 54 Sablewood Road, Winnipeg

Property Overview

54 Sablewood Road is a well-maintained, one-storey home built in 2013, situated on a generous lot in Winnipeg's Bridgwater Lakes neighbourhood. Its key appeal lies in the balance of a modern build year within a relatively affordable segment of the market. The home features a standard, unrenovated basement, no garage, and a functional living space. Its standout characteristic is the lot size, which is larger than most on its street and in the broader area, offering valuable outdoor space and potential. The property’s assessed value has shown stability, and its newer construction date means major systems are likely still within their expected lifespan, a practical advantage over older homes in a similar price range.

This home would suit first-time buyers or downsizers looking for a low-maintenance, single-level layout in a modern community, who prioritize lot size over interior square footage. It’s also a practical candidate for buyers comfortable with a home that offers a blank-slate basement for future customization according to their own needs and budget.


Frequently Asked Questions

1. How does the lot size compare to the neighbourhood?
The 4,675 sqft lot is a key feature, ranking larger than 46% of lots on Sablewood Road and better than 81% of lots in the entire Bridgwater Lakes neighbourhood, offering more private outdoor space than many comparable properties.

2. The living area seems smaller than average. How is the layout?
At 1,115 sqft, the living area is compact. This typically indicates an efficient, modern floor plan suitable for individuals, couples, or small families. The value here is directed more toward the land and the newer build year than expansive interior space.

3. What does the sold price history indicate?
The home sold for $36.4k in 2019 and $36.5k in 2020, with a current assessed value of $42.9k. This suggests a stable market history with a recent increase in assessed value, which may reflect broader market trends or municipal assessment changes.

4. Is the lack of a garage a significant drawback?
This depends on the buyer. For some, it’s a compromise for the lot size and price point in a newer community. The large lot does offer potential for adding a garage or shed in the future, subject to local bylaws and approvals.

5. The home is newer, but the basement is unrenovated. What should I consider?
A 2013 build with an unrenovated basement is common. The major advantage is that core structural elements are modern. The basement presents a clean, dry canvas for future finishing, allowing a buyer to customize the space without first undoing someone else’s renovations.