Property score
85.7
Excellent
Overall 85.7 · Newer than most nearby homes
1,838 sqft (bottom 39%) · Built in 2019 (4 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 60.0 · 9-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 shops, 1 bank/ATM, and 2 place of worships nearby
Living Area
Below average
9% smaller than neighborhood avg.
Year Built
Above average
4 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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85.7 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
177 Springwater Road — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 410 m), 2 shopping (nearest 448 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 20% | Top 11% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Summary: 177 Springwater Road, Bridgwater Lakes
Section 1: Overview & Appeal
This well-presented, modern one-storey home in the popular Bridgwater Lakes community offers a blend of newer construction and established convenience. Built in 2019, it sits on a generous lot and features a renovated basement and an attached garage. Its key appeal lies in its strong value proposition within a desirable neighbourhood. The home ranks highly for its newer age, lot size, and notably its assessed value, which places it in the top tier compared to most of Winnipeg. This suggests a property that has been well-maintained and is positioned favorably in the market.
The home would suit buyers seeking a move-in ready, single-level living space in a family-oriented area. It’s particularly appealing to those who prioritize a modern build with a finished basement for extra living space, and to value-conscious buyers who appreciate a property with a strong assessed value relative to its community and the wider city. A less obvious perspective is its potential for buyers looking for a "set-and-forget" home in terms of major systems, given its age, while also offering the blank canvas of a renovated basement to personalize.
Section 2: Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
The home’s assessed value is higher than 99% of properties in Winnipeg, indicating it is officially valued among the top tier in the city. This often reflects factors like lot size, building quality, improvements, and desirability of the location.
2. How does the living space compare to the neighbourhood?
At 1,838 sqft, the living area is somewhat above average for Winnipeg but is more typical for Bridgwater Lakes. It offers comfortable space for a family, though it’s not the largest floor plan available in the immediate area.
3. The home is newer, but what about the neighbourhood's development?
Bridgwater Lakes is an established community, so while this home is only 7 years old, the area itself is past the early construction phase. You benefit from mature landscaping and settled infrastructure without the concerns of a brand-new subdivision.
4. What is the significance of the lot size?
At nearly 5,900 sqft, the lot is larger than many in the area. This provides more private outdoor space, potential for gardening, and a greater sense of separation from neighbours—a valuable feature in suburban communities.
5. Based on the data, has this property appreciated?
Yes. The last recorded sale was in 2019 for $77.20k, and the current assessed value is $95.10k. This indicates significant appreciation, consistent with the broader growth trend in the Bridgwater area and Winnipeg’s newer communities over that period.
