Property score
83.8
Excellent
Overall 83.8 · Smaller than most nearby homes
1,609 sqft (bottom 18%) · Built in 2014 (1 yr older than avg)
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: 3 parks nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Near average
1 yrs older 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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83.8 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
120 Red Spruce Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 169 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 18% | Bottom 21% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 120 Red Spruce Road, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This well-maintained two-storey home in the popular Bridgwater Lakes community offers a practical and modern living space. Built in 2014, it sits on a generous 6,085 sqft lot, which is notably larger than many in the immediate area. The home features 1,609 sqft of living space, an attached garage, and a full (though unrenovated) basement, presenting a solid foundation for its next owners.
The primary appeal lies in its balance of a newer build within a sought-after, master-planned neighbourhood. Its standout characteristic is the lot size, offering more outdoor space than 65% of properties on its street—a valuable and less common find in newer subdivisions. While the interior living area is more modest in comparison to some neighbours, this positions the home as an efficient and manageable space for the right buyer. It would suit young families or professionals seeking a modern, low-maintenance home in a community with amenities, or value-conscious buyers who prioritize land size and see potential in personalizing the basement over time. The property’s assessed value ranks highly city-wide, suggesting a fundamentally sound investment in a desirable area of Winnipeg.
Section 2: Frequently Asked Questions
1. How does the lot size compare to newer builds in the area?
At over 6,000 sqft, this lot is significantly larger than the standard for many newer subdivisions. This offers more privacy, play space, and landscaping potential than typically available in homes of a similar age.
2. The living area seems average for the neighbourhood. What’s the trade-off?
The home’s living space is functional but not expansive. The trade-off is the larger lot. Buyers gain more outdoor space but should be comfortable with a home layout that may feel cozier than some others in Bridgwater Lakes.
3. What does the "unrenovated basement" imply?
It means the basement is finished as per the original 2014 build, with no major upgrades since. It’s a blank canvas—perfectly livable but offering the opportunity to customize and add value without needing to undertake a full, costly excavation and foundation project.
4. The 2019 sale price seems high compared to current metrics. Why is that?
The 2019 sale reflects the market peak at that time. It’s a useful data point for price history but should be considered alongside the current assessed value and recent comparable sales for an accurate present-day valuation.
5. The home ranks highly city-wide for its assessed value. What does that mean?
Ranking better than 88% of Winnipeg properties indicates that, according to municipal assessment, this home holds a high value relative to the entire market. This often points to a desirable location and property fundamentals, though the final market price is determined by current buyer demand.
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