Property score
88.5
Excellent
Overall 88.5 · Larger than most nearby homes
2,339 sqft (top 26%) · Built in 2015
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: 2 parks nearby
Living Area
Above average
16% larger than neighborhood avg.
Year Built
Near average
0 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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88.5 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
108 Red Spruce Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 188 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 | Bottom 33% | Bottom 36% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 108 Red Spruce Road, Bridgwater Lakes
Key Characteristics & Appeal
This 2015-built, two-storey home in the popular Bridgwater Lakes neighbourhood offers a modern, low-maintenance lifestyle. Its key features include a renovated basement, an attached garage, and a generous 2,339 sqft of living space situated on a large 6,078 sqft lot. The data suggests a home that stands out in several areas: it is newer, larger, and has a higher assessed value than the vast majority of Winnipeg homes. Specifically, it ranks in the top 4% of the city for living area and the top 5% for assessed value.
The appeal lies in its balance of space, modern construction, and established community. It’s a turnkey property in a sought-after area, requiring little immediate work. The renovated basement adds valuable flexible space for a growing family, a home office, or entertainment. This home would best suit buyers looking for a spacious, contemporary property in a family-oriented neighbourhood, who value above-average size and newer construction without being in a brand-new development. It’s also a strong candidate for those who appreciate a home with statistical advantages in key metrics compared to its local and city-wide peers.
Frequently Asked Questions
1. How does the 2020 sale price compare to the current assessment?
The home sold for $520,300 in September 2020. Its current assessed value is $644,000. This significant increase reflects broader market trends and specific improvements, like the basement renovation.
2. What do the ranking percentages (e.g., "Top 4% in Winnipeg") actually mean?
These rankings compare this property against all Winnipeg homes in the database for that specific metric. For example, being in the top 4% for living area means only 4% of listed Winnipeg homes have more interior space. It’s a quick way to gauge how this home’s size, age, and value stack up against the competition.
3. Is the lot size typical for Bridgwater Lakes?
At over 6,000 sqft, the lot is larger than 61% of others on Red Spruce Road and 62% within Bridgwater Lakes, offering more outdoor space than many neighbouring properties.
4. What might the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finish. Prospective buyers should inquire about the scope of work, the quality of finishes, whether permits were pulled, and if it includes a bathroom or legal secondary suite potential.
5. How does this home compare to the nearby property at 103 Appleford Gate?
The provided comparison shows 103 Appleford Gate is slightly older (2014), significantly smaller (1,628 sqft), and has a lower assessed value ($470k). This highlights 108 Red Spruce Road as a larger, more valuable property within the same neighbourhood.
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