Property score
87.8
Excellent
Overall 87.8 · Newer than most nearby homes
1,833 sqft (bottom 39%) · Built in 2016 (1 yr 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: 1 park nearby
Living Area
Below average
9% smaller than neighborhood avg.
Year Built
Above average
1 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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87.8 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
152 Red Spruce Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 125 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 8% | Bottom 10% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
152 Red Spruce Road is a well-maintained, two-storey home built in 2016, situated on a notably large lot in the popular Bridgwater Lakes neighbourhood. Its primary appeal lies in the combination of a modern build, substantial outdoor space, and a highly desirable location. The property ranks in the top tier for lot size within Winnipeg, offering over 11,000 sqft of land—a significant rarity for a newer home, providing ample room for gardening, recreation, or future expansion.
This home would suit buyers seeking a move-in ready property in a family-oriented community without the immediate need for major renovations. It’s particularly well-matched for those who value private outdoor space more than above-average interior square footage, as the living area is functional but not oversized. The strong rankings for neighbourhood and city-wide appeal indicate a sound, long-term investment in a stable area.
Frequently Asked Questions
1. What is the condition of the basement?
The listing specifies the basement exists but is "not renovated." This typically means it is unfinished, offering a blank canvas for future development to add living space, subject to proper permits and investment.
2. How does the lot size compare to others nearby?
The lot is exceptionally large, ranking better than 96% of properties on its street and in Winnipeg. This is a standout feature, as newer subdivisions often have smaller lots, making this a premium offering for the area.
3. The assessed value seems low. Why is that?
Municipal assessed value for tax purposes is often significantly lower than market value and should not be used as a direct price indicator. It's a formula-driven figure. The 2016 sale price and current market conditions are more relevant for understanding its worth.
4. Is the living space smaller than other homes in Bridgwater Lakes?
At 1,833 sqft, the living area is around the median for the street and neighbourhood. This suggests the home’s value is balanced more toward its large lot and modern build year rather than expansive interior square footage.
5. What does the "Sold 7/2016" price tell us?
The home sold for $42.5k in 2016, which was likely a bare land price prior to construction. This confirms the home itself was built new for the current owners, providing a clear history and suggesting all major systems are approximately 10 years old.
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