87 Sablewood Road

Bridgwater Lakes, Winnipeg

Property score

87.2

Excellent

Overall 87.2 · Larger than most nearby homes

2,364 sqft (top 21%) · 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 shop, and 2 parks nearby

Living Area

Above average

17% larger 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

87.2 is composed by the two sections below.

Property Score

90.4Excellent
Living Area2,364 sqft96Excellent
Year Built201394Excellent
Lot Size5,431 sqft67Good
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
2,364 sqft
0255075100
Same streetTop 14%Same areaTop 21%CitywideTop 4%
Same street · Sablewood Road
#11 / 76
Top 14% · Avg 1,870 sqft
Same area · Bridgwater Lakes
#255 / 1,191
Top 21% · Avg 2,018 sqft
Citywide · Winnipeg
#7,975 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
675k
0255075100
Same streetTop 24%Same areaTop 34%CitywideTop 5%
Same street · Sablewood Road
#18 / 76
Top 24% · Avg 583.3k
Same area · Bridgwater Lakes
#403 / 1,191
Top 34% · Avg 688.3k
Citywide · Winnipeg
#8,807 / 194,458
Top 5% · Avg 390.1k

Year Built

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

Lot Size

around average
5,431 sqft
0255075100
Same streetTop 32%Same areaBottom 36%CitywideTop 45%

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

87 Sablewood Road — 3 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 414 m), 2 parks (nearest 287 m).

Search radius
🛒Shopping1
🌳Parks2

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 8/2022CA$650k–700k
Sold price

Same street

Top 8%

Same area

Top 21%

City-wide

Top 4%

Related homes

Highlights & common questions: 87 Sablewood Road, Winnipeg

Property Overview

This 2013 two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle on a spacious lot. Its primary appeal lies in its strong standing within a newer, desirable neighbourhood. The home ranks highly for its above-average living area, newer construction age, and significant assessed value compared to most of Winnipeg. It features an attached garage and a full, unfinished basement, presenting a move-in-ready canvas with room for future personalization. This property is well-suited for growing families or professionals seeking a contemporary home in a community with established curb appeal, where the metrics suggest a solid investment relative to the broader city market. A thoughtful perspective is that while the basement is unfinished, it represents potential rather than a shortcoming, allowing buyers to customize the space to their exact needs without paying a premium for someone else’s renovations.

Key Details & FAQs

  • Key Characteristics: Built in 2013. Two-storey with 2,364 sqft of living space. Attached garage. Full, unfinished basement. Lot size of 5,431 sqft.
  • Neighbourhood Context: Located in the Bridgwater Lakes area of Winnipeg. The home consistently ranks in the top tiers of the city for size, age, and value.
  • Recent History: Last sold in August 2022 for $680,000. The current assessed value is $675,000.

Frequently Asked Questions

1. What does the ranking data actually mean?
The percentages show how this property compares to others. For example, being "better than 96% in Winnipeg" for living area means only 4% of Winnipeg homes are larger. This indicates a premium-sized home in a city-wide context.

2. Is the unfinished basement a major drawback?
Not necessarily. For many buyers, an unfinished basement is a blank slate. It allows you to finish it exactly to your taste and needs (e.g., a home theatre, gym, or specific bedroom layout) without first needing to undo or update an existing renovation.

3. The last sale was in 2022. Is that a concern?
A relatively recent sale is common in newer communities and doesn't inherently indicate an issue. It’s more important to understand the seller’s reason for moving, which can be clarified through your real estate agent.

4. Who would this home suit best?
This home is ideal for buyers who prioritize modern construction, space for a family, and a strong investment profile. It suits those who want a home in move-in condition but are also excited by the potential to add value through a basement finish.

5. How does the assessed value relate to the likely selling price?
The assessed value ($675,000) is for municipal tax purposes and is often close to the last sale price. The current market price will be influenced by recent comparable sales, condition, and market trends, and may differ. Your agent can provide a current market evaluation.

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