Property score
90.1
Excellent
Overall 90.1 · Newer than most nearby homes
2,226 sqft (top 35%) · Built in 2021 (6 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 60.0 · 10-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 2 shops, 1 bank/ATM, and 1 fuel station nearby
Living Area
Near average
10% larger than neighborhood avg.
Year Built
Above average
6 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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90.1 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
170 Springwater Road — 8 amenities found within 500 m, across 5 categories, including 2 dining (nearest 352 m), 2 shopping (nearest 391 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 36% | Top 42% | Top 8% |
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 property built in 2021, offering a move-in-ready experience with a renovated basement. Its key appeal lies in its balance of new construction benefits and established community living. The home sits on a large lot (over 7,500 sq ft), which ranks highly for size within Winnipeg, providing ample outdoor space—a notable advantage in a newer neighbourhood. With 2,226 sq ft of living space and an attached garage, it caters well to growing families or those seeking a spacious, low-maintenance modern layout.
The data suggests it suits buyers looking for a solid, contemporary home in a desirable area without the wait of a new build. It’s particularly fitting for those who value both indoor updates and generous yard space. The significant increase in assessed value since its 2021 sale indicates strong market confidence in the property and area. A thoughtful perspective is that this home offers the "sweet spot" of being past the initial settling phase of a new build while still being modern, potentially avoiding some of the minor teething issues brand-new homes can have.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
The lot is 7,533 sq ft, which is larger than approximately 87% of properties in Winnipeg, placing it in the top tier for outdoor space.
2. What does the change in assessed value indicate?
The assessed value rose from $586,000 in late 2021 to $672,000. This increase reflects market growth and improvements, like the basement renovation, suggesting the home has been well-maintained and is in a rising area.
3. Is the neighbourhood established?
As part of the Bridgwater Lakes community, the area is developed with nearby properties closely situated. The home itself is five years old, so the immediate landscaping and street are past the earliest stages of a new subdivision.
4. What are the basement details?
The listing confirms a renovated basement. Specifics on the renovation scope, permits, or finished square footage should be verified with the listing agent.
5. How does this home rank for space and newness on its street?
On Springwater Road, this home ranks in the top third for lot size and living area. It is notably in the top 5% for being a newer build on the street, meaning it's one of the most recently constructed homes in the immediate vicinity.
