Property score
87.2
Excellent
Overall 87.2 · Larger than most nearby homes
2,364 sqft (top 21%) · Built in 2015
Located in a high-income area with median household income of ~103k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
17% 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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87.2 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
168 Red Spruce Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 61 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 44% | Bottom 41% | Top 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home in Bridgwater Lakes, built in 2015, presents a compelling mix of modern comfort and established value. Its key appeal lies in its above-average size and recent renovations within a relatively new community. The 2,364 sqft living area is notably spacious, ranking in the top tier for its street, neighbourhood, and the wider city. The home sits on a generous 5,433 sqft lot and features an attached garage and a renovated basement, adding functional living space. Its assessed value has risen significantly since its last sale in 2016, indicating strong appreciation.
The property is well-suited for growing families or professionals seeking a move-in ready home in a modern suburb without the premium of a brand-new build. It offers the balance of a home that’s past its initial settling-in phase but still contemporary, with updates already addressed. A thoughtful perspective is its positioning within a newer area; while the home itself is established, the surrounding community of Bridgwater Lakes is still maturing, which can mean evolving amenities and streetscapes. Buyers who value space, modern finishes, and a sound financial history in a newer neighbourhood will find this a strong candidate.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finishes, the presence of a bathroom or kitchenette, and whether it includes legal egress windows to understand its full functionality and value.
2. How does the 2016 sale price compare to today's value?
The home sold for $53.5k in 2016 and now carries an assessed value of $73.6k. This represents significant appreciation. It's important to note that assessed value is for tax purposes; a market evaluation or comparative market analysis (CMA) from a realtor will provide the current expected sale price.
3. The home ranks highly for size, but what about the lot?
The land area of 5,433 sqft is above average for the street (better than 33%), but not in the top tier. This suggests a comfortably sized yard typical for the area, but not an exceptionally large one. The ranking indicates many neighbouring properties have similarly sized or larger lots.
4. What is the significance of the "Year Built" ranking?
Built in 2015, this home is newer than 92% of properties in Winnipeg, but only newer than 66% in its own neighbourhood. This highlights that Bridgwater Lakes is a relatively new community overall, so while the home is modern, it is not necessarily the newest on its block.
5. Are the nearby and similarly valued properties good comparables?
The listed properties with similar assessed values ($73.6k) are in various neighbourhoods, indicating this is a common assessment bracket for modern, mid-sized homes in Winnipeg's newer suburbs. The direct neighbours on Red Spruce Road would be more critical for understanding street-specific value and character.
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