78 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

81.3

Excellent

Overall 81.3 · Smaller than most nearby homes

1,620 sqft (bottom 19%) · 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

20% 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

81.3 is composed by the two sections below.

Property Score

80.5Excellent
Living Area83
1,620 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
1,620 sqft
0255075100
Same streetBottom 22%Same areaBottom 19%CitywideTop 24%
Same street · Sablewood Road
#59 / 76
Bottom 22% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#959 / 1,191
Bottom 19% · Avg 2,018 sqft
Citywide · Winnipeg
#47,279 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
545k
0255075100
Same streetBottom 45%Same areaBottom 22%CitywideTop 13%
Same street · Sablewood Road
#42 / 76
Bottom 45% · Avg 583.3k
Same area · Bridgwater Lakes
#925 / 1,191
Bottom 22% · Avg 688.3k
Citywide · Winnipeg
#25,913 / 194,458
Top 13% · 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

78 Sablewood Road — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 450 m), 1 shopping (nearest 354 m), 1 parks (nearest 311 m).

Search radius
🍽️Dining1
🛒Shopping1
🌳Parks1
🏦Finance1

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 5/2022CA$550k–600k
Sold price

Same street

Top 18%

Same area

Top 47%

City-wide

Top 9%
Sold 4/2021CA$450k–500k
Sold price

Same street

Bottom 42%

Same area

Bottom 25%

City-wide

Top 18%
Sold 5/2016CA$350k–400k
Sold price

Same street

Bottom 5%

Same area

Bottom 2%

City-wide

Top 40%

Related homes

Highlights & common questions: 78 Sablewood Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Lakes, built in 2013, presents a practical and modern living option. Its key appeal lies in a desirable combination of a newer build, a fully renovated basement, and a detached garage on a generous 4,251 sqft lot. The home’s recent sale history shows significant value growth, having sold for $570k in 2022, which is notably higher than its previous sales and current assessed value. This suggests a property that has been upgraded and is situated in a sought-after area.

The home would suit first-time buyers or young families looking for a move-in-ready property in a modern Winnipeg community without the premium of a brand-new build. Its above-average lot size for the street offers good outdoor space potential, while the renovated basement adds valuable finished square footage. A more subtle point of appeal is its ranking among the top 10% of homes in Winnipeg by year built, indicating a structure with contemporary standards and likely lower immediate maintenance needs compared to older stock.


Frequently Asked Questions

1. How does the 2022 sale price compare to the current asking price?
The provided data shows a sale price of $570,000 in May 2022. Any current listing price should be evaluated against this recent market benchmark, along with current local conditions.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on the finish quality, room types (e.g., bedroom, living space), and whether permits were obtained should be verified with the seller or listing agent.

3. Is the lot size a advantage here?
Yes. At 4,251 sqft, the lot is larger than 83% of others on the same street, offering more private outdoor space than many neighbouring properties—a valuable feature in newer communities where lots can be smaller.

4. The assessed value is much lower than the last sale price. Why?
Municipal assessed values for tax purposes often lag behind rapid market changes and do not account for recent renovations or interior condition. The 2022 sale price is a more current reflection of its market value at that time.

5. What is the neighbourhood ranking based on?
The rankings (e.g., "Better than 4% in neighbourhood") are comparative metrics for specific data points like lot size or year built. They indicate this home's lot is larger than most on its street, but its build year is newer than only 33% in the wider Bridgwater area, as many surrounding homes are even more recent constructions.