Property score
86.4
Excellent
Overall 86.4 · Smaller than most nearby homes
1,709 sqft (bottom 28%) · Built in 2015
Located in a high-income area with median household income of ~103k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
15% smaller 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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86.4 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
150 Red Spruce Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 141 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 49% | Top 49% | Top 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This single-storey home in Bridgwater Lakes is defined by its generous, mature lot and its position within a desirable, established neighbourhood. Built in 2015, it offers modern construction without the wait of a new build. The key appeal lies in its exceptional land size—over 13,000 sqft, which places it in the top tier for lot dimensions locally. Combined with a fully renovated basement and an attached garage, it presents a turnkey opportunity for those seeking space and privacy. The home’s assessed value has risen steadily, indicating strong market confidence in the area.
It would suit a buyer prioritizing outdoor space for gardening, recreation, or future expansion over sheer interior square footage. It’s also ideal for those seeking a move-in ready home in a top-ranked neighbourhood without the premium of a brand-new construction. A thoughtful perspective is that while the living area is modest relative to the lot, this represents a specific value proposition: you’re investing significantly in the land itself, which is the appreciating asset, with a comfortable and updated home included.
Key Details & FAQs
Key Characteristics & Ideal Buyer
Frequently Asked Questions
1. Is the lot size unusual for this neighbourhood?
Yes. The lot is substantially larger than most, ranking better than 97% of homes on its street and in Winnipeg. This is a primary distinguishing feature of the property.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific finishes and layouts should be verified through a viewing or direct inquiry with the listing agent.
3. How does the home's size compare to others nearby?
With 1,709 sqft of living area, the home itself is comfortable but not oversized for the area. The value proposition leans more toward the land. For comparison, a nearby home at 3 Red Spruce Road has more interior space (2,287 sqft) but a lower assessed value.
4. Has the property value increased?
The assessed value suggests strong appreciation. It last sold for $56,900k in September 2019, and its current assessed value is $68,600k, indicating a positive trajectory.
5. What is Bridgwater Lakes like as a community?
Bridgwater Lakes is a modern, master-planned neighbourhood in Winnipeg known for its lakes, pathways, and family-friendly amenities. This home is situated on a quiet road within that established framework.
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