71 Lake Bend Road

Bridgwater Lakes, Winnipeg

Property score

88.6

Excellent

Overall 88.6 · Larger than most nearby homes

2,577 sqft (top 9%) · Built in 2015

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

Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

28% 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

88.6 is composed by the two sections below.

Property Score

92.6Excellent
Living Area2,577 sqft98Excellent
Year Built201594Excellent
Lot Size5,905 sqft74Good
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
2,577 sqft
0255075100
Same streetTop 22%Same areaTop 9%CitywideTop 2%
Same street · Lake Bend Road
#21 / 96
Top 22% · Avg 2,159 sqft
Same area · Bridgwater Lakes
#107 / 1,191
Top 9% · Avg 2,018 sqft
Citywide · Winnipeg
#4,687 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
790k
0255075100
Same streetTop 39%Same areaTop 15%CitywideTop 2%
Same street · Lake Bend Road
#37 / 96
Top 39% · Avg 843.2k
Same area · Bridgwater Lakes
#179 / 1,191
Top 15% · Avg 688.3k
Citywide · Winnipeg
#4,596 / 194,458
Top 2% · Avg 390.1k

Year Built

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

Lot Size

around average
5,905 sqft
0255075100
Same streetBottom 27%Same areaTop 42%CitywideTop 35%

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

71 Lake Bend Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 290 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 2/2024CA$800k–850k
Sold price

Same street

Top 16%

Same area

Top 7%

City-wide

Top 2%

Related homes

Highlights & common questions: 71 Lake Bend Road, Winnipeg

Property Overview: 71 Lake Bend Road, Bridgwater Lakes

Key Characteristics & Appeal

This well-presented two-storey home in the popular Bridgwater Lakes community offers a blend of modern living and established convenience. Built in 2015, it sits on a generous lot and features a renovated basement and an attached garage. The primary appeal lies in its above-average scale and strong positional value within a newer suburb. With 2,577 sqft of living space, it is notably larger than most homes in Winnipeg, ranking in the top 2% citywide. This space is complemented by a lot size that provides ample outdoor room relative to its neighbourhood.

The home’s value proposition is underscored by its recent sale price and assessed value, both of which place it in the top 2% of Winnipeg, indicating a premium property within its market segment. Its appeal is multifaceted: it suits growing families seeking spacious, move-in-ready living in a master-planned area with newer infrastructure. It would also resonate with value-conscious buyers looking for a home that outperforms most of the city in terms of size, modernity, and investment metrics, without being a custom-built estate. A thoughtful perspective is that while the home is newer than 92% of Winnipeg, it is now entering its second decade, offering the sweet spot of being past initial builder teething issues but still modern, with renovation potential primarily in personal updates rather than essential overhauls.


Frequently Asked Questions

1. How does the lot size compare to others in Bridgwater Lakes?
At 5,905 sqft, the lot is larger than 73% of properties on Lake Bend Road, offering more private outdoor space than many in the immediate area, though it is not the largest in the wider neighbourhood.

2. The home sold recently in February 2024. What does that indicate?
The sale at $835,000, significantly above the $790k assessed value, demonstrates strong market demand and buyer confidence in the property’s specific condition and location. It provides a very current and transparent benchmark for its market worth.

3. Is the basement development original or a later renovation?
The basement has been renovated, meaning it is a finished living space upgraded after the home’s initial 2015 construction. The quality and specifics of this renovation should be verified during a viewing.

4. What is the significance of the home’s ranking metrics?
These percentile rankings (e.g., top 2% in Winnipeg for size) are a relative measure of how this property compares to others. They highlight this home’s key strengths: its above-average living space, newer age, and premium value for Winnipeg overall, making it a standout in its category.

5. The home is newer than most, but what should I consider about a 2015 build?
A home from 2015 is modern but may be nearing the age where certain builder-grade components (like appliances, HVAC systems, or roof shingles) could require attention or planning for replacement sooner than a brand-new build, which is a factor for maintenance budgeting.

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