Property score
90.3
Excellent
Overall 90.3 · Larger and newer than most nearby homes
3,207 sqft (top 1%) · Built in 2020 (5 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 3 shops, and 1 bank/ATM nearby
Living Area
Above average
59% larger than neighborhood avg.
Year Built
Above average
5 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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90.3 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
105 Springwater Road — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 337 m), 2 healthcare (nearest 402 m), 3 shopping (nearest 296 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 22% | Top 13% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 105 Springwater Road, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2020, presents a compelling opportunity in Winnipeg's Bridgwater Lakes community. Its primary appeal lies in a powerful combination of modern build quality, above-average space, and a strong position within its market. With over 3,200 sqft of living area on a 6,466 sqft lot, the home ranks in the top 2% of its street and neighbourhood for size, offering ample room for family life. The attached garage and full (though unrenovated) basement add practical utility.
The home’s standout characteristic is its statistical prominence in a desirable, newer neighbourhood. It ranks better than 98% of homes in the area for its newness (built 2020) and sits in the top tier for both living space and current assessed value. This suggests a property that is not only modern and spacious but also holds a competitive edge in terms of investment and appraisal metrics. It suits buyers looking for a move-in ready, contemporary home who also value data-driven indicators of a property’s standing—those prioritizing a home that outperforms its peers in key categories like size, age, and valuation within a sought-after master-planned community.
Section 2: Frequently Asked Questions
1. What does the "rank" data actually mean for a potential owner?
The rankings compare this specific property against all others on its street, in Bridgwater Lakes, and across Winnipeg for metrics like size, age, and value. For example, ranking "Top 2%" for living area locally means it is significantly larger than most homes around it, which can influence both livability and long-term value.
2. The basement is noted as "not renovated." What should we expect?
This typically means the basement is unfinished or developed to a basic, functional standard. It presents a clean slate for future customization but does not contribute as finished square footage to the living area listed.
3. How significant is it that the home was built in 2020?
A 2020 build is a major advantage, indicating modern construction standards, building codes, and energy efficiency. It also means major components like the roof, HVAC, and appliances are relatively new and likely under warranty, reducing near-term repair costs.
4. The sold price from 2020 is listed. How is that relevant today?
The 2020 sale price (just over $750k) provides a benchmark for the home’s original value. Comparing it to the current assessed value of $940k offers insight into the property’s historical appreciation, though market conditions have evolved significantly since then.
5. The home ranks very high for assessed value. Does that guarantee a sale price?
No. Municipal assessed value is used for property tax calculation and is one indicator of worth, but it does not dictate market value. The final sale price is determined by current market conditions, buyer demand, and the home’s specific presentation.
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