Property score
88.6
Excellent
Overall 88.6 · Larger than most nearby homes
2,582 sqft (top 9%) · Built in 2015
Located in a high-income area with median household income of ~103k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
28% 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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88.6 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
167 Red Spruce Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 70 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 3% | Top 6% | Top 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 10% | Top 7% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This two-storey home in Bridgwater Lakes is a modern, well-sized property built in 2015. Its key characteristic is its above-average scale and established value within a newer community. With 2,582 sqft of living space, it ranks in the top 3% of homes on its street for size and sits on a nearly 6,000 sqft lot. The home features a renovated basement and an attached garage. Its appeal lies in a combination of space, modern age, and strong market positioning. The data shows consistent value growth, with sold prices rising from $83.5k in 2021 to $87.5k in 2023, and it currently ranks in the top 2-3% of Winnipeg for both assessed value and recent sale price relative to its peers. This isn't just a large home; it's a statistically high-performing asset in its category.
It would suit buyers looking for a move-in ready, spacious family home in a planned neighbourhood without the uncertainties of a brand-new build. It's particularly suited for those who value quantifiable metrics—seeing a home that outperforms most of its local and city-wide comparables in size, value, and newness can provide confidence. The renovated basement adds flexible living space, appealing to those who work from home or desire separate entertainment areas.
Key Considerations & FAQs
1. What does the "ranking" data actually mean?
The percentile rankings compare this home to others on its street, in Bridgwater Lakes, and across all of Winnipeg. For example, being "better than 97% in same street" for living area means only 3% of homes on Red Spruce Road are larger. It's a quick way to gauge how this property stands out in specific metrics.
2. The assessed value is listed as $81.10k. Is that the market value?
No, this appears to be a truncated figure for comparison purposes only. The recent sale price of $87.5k in 2023 is a more direct indicator of market value. The assessment is used by the city for tax purposes and, in this context, primarily to show how the property ranks against others.
3. How stable has the property's value been?
The sold price history shows appreciable growth over a short period, increasing by approximately 4.8% between August 2021 and July 2023. This suggests a stable and rising value trajectory in its market segment.
4. What is the community of Bridgwater Lakes like?
Bridgwater Lakes is a master-planned community in Winnipeg known for newer homes, parks, and waterways. This home, built in 2015, is part of the earlier phases, meaning the neighbourhood is now well-established with mature landscaping, unlike the newest construction areas.
5. Are there any obvious drawbacks from this data?
The data doesn't mention updates to main living areas or the roof's condition, which would be expected for a 9-year-old home at the time of the 2023 sale. While the basement is renovated, potential buyers may want to inquire about the age and condition of major systems and main-floor finishes. The lack of a pool may be a consideration for some, but is typical for the area.
