7 Lake Bend Road

Bridgwater Lakes, Winnipeg

Property score

89.2

Excellent

Overall 89.2 · Larger than most nearby homes

2,597 sqft (top 8%) · Built in 2015

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

29% larger than neighborhood avg.

Year Built

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

89.2 is composed by the two sections below.

Property Score

93.7Excellent
Living Area2,597 sqft98Excellent
Year Built201594Excellent
Lot Size6,152 sqft81Excellent
Neighbourhood Sales Activity79Good

Community Score

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

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

Elite
2,597 sqft
0255075100
Same streetTop 20%Same areaTop 8%CitywideTop 2%
Same street · Lake Bend Road
#19 / 96
Top 20% · Avg 2,159 sqft
Same area · Bridgwater Lakes
#100 / 1,191
Top 8% · Avg 2,018 sqft
Citywide · Winnipeg
#4,460 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
745k
0255075100
Same streetTop 48%Same areaTop 19%CitywideTop 3%
Same street · Lake Bend Road
#46 / 96
Top 48% · Avg 843.2k
Same area · Bridgwater Lakes
#225 / 1,191
Top 19% · Avg 688.3k
Citywide · Winnipeg
#5,802 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
2015
0255075100
Same streetTop 24%Same areaTop 34%CitywideTop 7%

Lot Size

above average
6,152 sqft
0255075100
Same streetTop 45%Same areaTop 34%CitywideTop 28%

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

7 Lake Bend Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 173 m).

Search radius
🌳Parks1

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 4/2021CA$600k–650k
Sold price

Same street

Bottom 35%

Same area

Top 39%

City-wide

Top 7%
Sold 7/2019CA$500k–550k
Sold price

Same street

Bottom 12%

Same area

Bottom 31%

City-wide

Top 15%

Related homes

Highlights & common questions: 7 Lake Bend Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Lakes is a well-situated, modern property built in 2015. Its primary appeal lies in its above-average size and desirable location within a newer Winnipeg community. With 2,597 sqft of living space on a 6,152 sqft lot, it offers more room than most homes in the immediate area, ranking in the top 20% on its street. The home features an attached garage and a renovated basement, adding to its functional living space.

The property suits buyers looking for a move-in ready home in a established newer neighbourhood, particularly those who value space and modern construction. Its strong rankings—being newer than 92% of Winnipeg homes and larger than 98%—suggest it will appeal to growing families or professionals seeking a premium property within the city. A thoughtful perspective is its apparent value stability; the assessed value sits in the top 3% citywide, indicating a solid municipal valuation foundation despite the sales history showing typical market fluctuations. The neighbourhood itself, Bridgwater Lakes, is consistently desirable, making this a home with long-term appeal.

Frequently Asked Questions

1. How does this home compare to others in Bridgwater Lakes?
It ranks highly within the neighbourhood for its size (top 8%), newer age (top 34%), and assessed value (top 19%). It is a larger and newer-than-average home for the area.

2. What does the sales history indicate?
The home sold previously in 2021 and 2019. The price difference between those sales reflects broader market trends of the time. The current assessed value is significantly higher than the last sale price, which is common as assessments aim for fair market value and aren't direct sale prices.

3. Is the lot size a benefit?
Yes. At over 6,000 sqft, the lot is larger than 55% of those on the same street, providing more outdoor space than many newer builds in the community.

4. What type of buyer would this home suit best?
It's ideal for buyers who prioritize space and modern construction without needing a brand-new build. The renovated basement and above-average square footage make it suitable for families or those who enjoy hosting.

5. Are there any obvious drawbacks?
Based on the data, there is no pool, which some buyers may seek. The 2021 sale price ranks lower on the street (top 85%), which may warrant investigation into the condition or market at that specific time, though the strong current assessment suggests the property is in good standing.

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