Property score
88.2
Excellent
Overall 88.2 · Larger and newer than most nearby homes
2,442 sqft (top 15%) · Built in 2018 (3 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby
Living Area
Above average
21% larger than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 40%Chinese · 21%
Past 10 years Bridgwater Lakes sales snapshot (~80% of all data)
738
647.5k
$319/sqft
2015
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88.2 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
10 Springwater Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 412 m), 2 healthcare (nearest 386 m), 3 shopping (nearest 270 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Top 33% | Top 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 10 Springwater Road, Bridgwater Lakes
Key Features & Ideal Buyer
This two-storey home, built in 2018, offers modern living in the popular Bridgwater Lakes neighbourhood. Its key appeal lies in a balance of space, newer construction, and established community. With 2,442 sqft of living area on a 5,666 sqft lot, it provides ample room for family life. The home ranks highly for its size and modern age within Winnipeg, placing it in the top tier of the city's housing stock. It features an attached garage and a full, unrenovated basement offering potential for future customization.
The property suits buyers seeking a relatively new home that avoids the premium and wait-time of brand-new construction, while still offering contemporary layouts and systems. Its strong assessed value ranking suggests a solid, above-average investment within the city. A thoughtful perspective is that while the home ranks in the middle of its immediate street for some metrics, it excels in the broader context of the neighbourhood and city, indicating it's a standout property in a well-regarded area. It would be particularly well-suited to a growing family or a professional looking for a low-maintenance, modern home in a sought-after master-planned community.
Frequently Asked Questions
1. How does this home compare to others on the street?
The home ranks above average for living space on Springwater Road but is middle-of-the-pack for lot size and year built. This suggests it offers more interior room than many neighbours, on a standard-sized lot for the street.
2. What does the "unrenovated basement" mean?
The basement is finished as per the original 2018 build but has not been updated or professionally developed since. It presents a clean slate for future finishing or customization to suit a new owner's needs.
3. Is the assessed value a reliable indicator of the listing price?
The assessed value of $690k is a municipal calculation for tax purposes and is not a market appraisal. However, ranking better than 96% of Winnipeg homes, it strongly indicates a high-value property. Market conditions and specific home features will determine the final sale price.
4. The home sold in 2021. What does that history tell us?
It was last purchased for $62.5k in April 2021. This substantial increase in its assessed value since then reflects both strong market appreciation and the desirability of newer homes in Bridgwater Lakes.
5. How does Bridgwater Lakes compare as a neighbourhood?
The data shows homes here generally rank very well city-wide. For this property, its rankings are consistently stronger across Winnipeg than within its own neighbourhood, meaning you're buying into a high-calibre area where this home still holds its own.
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