74 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

82.4

Excellent

Overall 82.4 · Smaller than most nearby homes

1,710 sqft (bottom 29%) · 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, 1 shop, 1 park, and 1 bank/ATM nearby

Living Area

Below average

15% 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

82.4 is composed by the two sections below.

Property Score

82.3Excellent
Living Area86
1,710 sqftExcellent
Year Built94
2013Excellent
Lot Size53
4,251 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

above average
1,710 sqft
0255075100
Same streetBottom 41%Same areaBottom 29%CitywideTop 21%
Same street · Sablewood Road
#45 / 76
Bottom 41% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#850 / 1,191
Bottom 29% · Avg 2,018 sqft
Citywide · Winnipeg
#39,930 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
510k
0255075100
Same streetBottom 26%Same areaBottom 10%CitywideTop 18%
Same street · Sablewood Road
#56 / 76
Bottom 26% · Avg 583.3k
Same area · Bridgwater Lakes
#1,070 / 1,191
Bottom 10% · Avg 688.3k
Citywide · Winnipeg
#35,367 / 194,458
Top 18% · Avg 390.1k

Year Built

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

Lot Size

around average
4,251 sqft
0255075100
Same streetBottom 17%Same areaBottom 4%CitywideBottom 30%

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

74 Sablewood Road — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 448 m), 1 shopping (nearest 350 m), 1 parks (nearest 305 m).

Search radius
🍽️Dining1
🛒Shopping1
🌳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 9/2023CA$450k–500k
Sold price

Same street

Bottom 45%

Same area

Bottom 27%

City-wide

Top 17%
Sold 5/2019CA$400k–450k
Sold price

Same street

Bottom 18%

Same area

Bottom 9%

City-wide

Top 31%

Related homes

Highlights & common questions: 74 Sablewood Road, Winnipeg

Property Overview: 74 Sablewood Road, Bridgwater Lakes

Key Characteristics & Buyer Profile

This is a well-maintained, two-storey home built in 2013, offering a modern layout with 1,710 sqft of living space on a generous 4,251 sqft lot. Its core appeal lies in its balance of relative newness and established neighbourhood living. While it lacks a garage and has an unfinished basement, it presents a solid, move-in-ready canvas in a popular suburban community.

The home’s value is nuanced. It ranks highly for its newer age compared to most of Winnipeg and offers above-average living space for the city. However, within its immediate street and Bridgwater Lakes neighbourhood, metrics like assessed value and lot size rank in the lower tiers. This creates a unique proposition: you are acquiring a modern home in a desirable area, but one that may be positioned as a more accessible entry point within that specific market. It would suit a first-time buyer or a young family looking for a contemporary home in a planned community without the premium price tag of a larger or fully upgraded property on the same street. The unfinished basement is a key opportunity for customization and added value.

Frequently Asked Questions

1. How does the lack of a garage impact daily life and value?
While a garage is a common expectation, its absence can mean lower utility costs and less maintenance. Buyers should budget for driveway snow clearing and consider secure storage solutions for vehicles and seasonal items, which may be a worthwhile trade-off for the home’s other attributes.

2. The assessed value is $510k, but it sold for $490k in 2023. Why the difference?
Municipal assessed value is for taxation purposes and uses a mass appraisal system, not a current market evaluation. The 2023 sale price is a more direct indicator of its recent market value, suggesting it may have sold below its tax assessment at that time.

3. The rankings show it's in the top 10% for age in Winnipeg, but lower in its own area. What does this mean?
This highlights the character of Bridgwater Lakes—a relatively new, master-planned community. While the home is newer than 90% of Winnipeg, it’s average or slightly below average for its specific neighbourhood. You’re buying into a uniformly modern area.

4. What are the pros and cons of the unfinished basement?
The primary pro is the opportunity to design and finish the space to your exact needs without needing to undo previous work. The con is the immediate upfront cost and project management required to realize that potential. It represents deferred value.

5. The lot is larger than average, but the ranking on its street is low. Is that a concern?
The 4,251 sqft lot is a very good size overall. The lower street ranking simply indicates that many lots on Sablewood Road are even larger. It shouldn’t be a drawback for most buyers, as the lot still provides ample suburban outdoor space.