Property score
87.8
Excellent
Overall 87.8 · Newer than most nearby homes
1,948 sqft (bottom 48%) · Built in 2020 (5 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 54.0 · 9-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 shops, 1 bank/ATM, and 1 fuel station nearby
Living Area
Near average
3% smaller than neighborhood avg.
Taon ng Paggawa
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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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 na bahay (hindi 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.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
163 Springwater Road — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 376 m), 2 shopping (nearest 411 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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Top 48% | Top 29% | Top 5% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 163 Springwater Road, Bridgwater Lakes
Key Characteristics & Appeal
This is a modern, two-storey home built in 2020, offering the advantage of newer construction with minimal initial maintenance concerns. Its primary appeal lies in its desirable location within the Bridgwater Lakes neighbourhood, where it stands out for its above-average lot size (over 6,700 sq ft) and its newness compared to most homes in Winnipeg. The data suggests a property that has seen significant value growth since its 2020 sale, now assessed in the top 2% of the city.
The home suits buyers looking for a move-in ready, contemporary property in a master-planned community. It’s ideal for those who prioritize a newer build to avoid near-term major repairs, and who value space, as the lot provides ample outdoor room for gardening, play, or future additions. The attached garage and full (though unrenovated) basement add practical utility and potential. A thoughtful perspective is that while the living area is generous for Winnipeg overall, it is more average within its immediate street and neighbourhood, indicating this property’s value is particularly anchored in its land and newness rather than sheer interior size.
Frequently Asked Questions
1. What does the "rank" data actually mean?
The rankings compare this property against others on its street, in Bridgwater Lakes, and across Winnipeg. For example, being "better than 92% in same street" for year built means it is one of the newest homes on Springwater Road.
2. Has the property value increased?
Yes. The home sold for $64.3k in November 2020 and its current assessed value is $82.8k. This represents a notable increase, consistent with its assessment now ranking in the top 2% citywide.
3. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This presents potential for future customization or additional living space.
4. What are the neighbours like?
The home is on a street of relatively newer properties, as it ranks in the top 8% for year built on Springwater Road. The nearby comparable properties with similar assessed values are located in established, family-oriented neighbourhoods like Whyte Ridge and Bridgwater Forest.
5. How does the lot size compare?
The 6,727 sq ft lot is a key feature. It ranks better than 62% of lots on its own street and is larger than over 80% of lots in Winnipeg, offering more private outdoor space than typical newer builds.
