86 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

78.4

Good

Overall 78.4 · Smaller than most nearby homes

1,489 sqft (bottom 10%) · Built in 2013 (2 yrs older than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 shop, 2 parks, and 1 bank/ATM nearby

Living Area

Below average

26% 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

78.4 is composed by the two sections below.

Property Score

75.7Good
Living Area1,489 sqft75Good
Year Built201394Excellent
Lot Size4,251 sqft53Fair
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

around average
1,489 sqft
0255075100
Same streetBottom 13%Same areaBottom 10%CitywideTop 31%
Same street · Sablewood Road
#66 / 76
Bottom 13% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#1,071 / 1,191
Bottom 10% · Avg 2,018 sqft
Citywide · Winnipeg
#60,681 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

above average
484k
0255075100
Same streetBottom 12%Same areaBottom 3%CitywideTop 22%
Same street · Sablewood Road
#67 / 76
Bottom 12% · Avg 583.3k
Same area · Bridgwater Lakes
#1,155 / 1,191
Bottom 3% · Avg 688.3k
Citywide · Winnipeg
#43,648 / 194,458
Top 22% · 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

86 Sablewood Road — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 454 m), 1 shopping (nearest 364 m), 2 parks (nearest 324 m).

Search radius
🍽️Dining1
🛒Shopping1
🌳Parks2
🏦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 2/2022CA$500k–550k
Sold price

Same street

Top 47%

Same area

Bottom 33%

City-wide

Top 15%

Related homes

Highlights & common questions: 86 Sablewood Road, Winnipeg

Property Overview

86 Sablewood Road is a two-storey home built in 2013, located in the Bridgwater Lakes neighbourhood of Winnipeg. It sits on a 4,251 sqft lot and features 1,489 sqft of living space, a detached garage, and an unfinished basement. The home last sold in February 2022 for $510,000 and has a current assessed value of $484,000.

Key Characteristics & Appeal

This home presents a practical opportunity in a modern, master-planned community. Its primary appeal lies in being a relatively newer build (2013) within Bridgwater Lakes, offering a move-in-ready structure without the concerns of an aging roof or major systems. The unfinished basement provides a significant blank canvas for future expansion or customization to suit a buyer's specific needs, which is a valuable feature not always found in newer homes.

The property’s value proposition is nuanced. While its assessed and recent sale values are strong compared to most of Winnipeg, the rankings indicate it is positioned at the more accessible end within its own desirable street and neighbourhood. This suggests a chance to enter a well-regarded area at a potentially lower price point than newer or more updated homes on the same street. It would suit first-time buyers or young families looking for a solid, modern home in a community with amenities, who are comfortable with a property that has room to grow in value through future renovations, particularly the basement. It may also appeal to value-conscious buyers who prioritize the neighbourhood and the building's age over having the largest or most upgraded house on the block.

Frequently Asked Questions

1. What does the "rank" information actually tell me?
The rankings compare this property against others on its street, in Bridgwater Lakes, and across Winnipeg for metrics like lot size and value. For example, being "better than 83% in same street" for year built means it is one of the newer homes on Sablewood Road. Conversely, a lower rank for lot size means lots on the street are generally larger.

2. Is the price reasonable given the last sale price and assessed value?
The current asking price is above both the 2022 sale price ($510k) and the city's assessed value ($484k). Market conditions, updates made since 2022, and seller motivation will influence the final price. The assessment offers a baseline for property taxes, not necessarily current market value.

3. What are the pros and cons of an unfinished basement?
The major pro is the opportunity to finish it exactly to your taste and needs without needing to undo previous work. The cons are the immediate upfront cost and effort required to make it a livable space. It's an important factor to budget for.

4. How does this home compare to others on the street?
Based on the data, it has a smaller-than-average lot and living area for Sablewood Road, but it is newer than most. This often creates a trade-off: you get a newer structure but less land space compared to some neighbours.

5. What is the Bridgwater Lakes community like?
As a master-planned community in southwest Winnipeg, it typically features newer homes, family-oriented amenities like parks and pathways, and nearby retail plazas. It's known for a suburban feel with modern infrastructure. Specific amenities should be verified independently.

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