Property score
86.9
Excellent
Overall 86.9 · Newer than most nearby homes
2,167 sqft (top 38%) · Built in 2018 (3 yrs newer than avg)
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: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby
Living Area
Near average
7% larger than neighborhood avg.
Year Built
Above average
3 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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86.9 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
19 Springwater Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 386 m), 2 healthcare (nearest 353 m), 3 shopping (nearest 233 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 36% | Top 19% | Top 3% |
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 is a modern, low-maintenance property built in 2018. Its key appeal lies in its balance of contemporary living and established community. The home features a renovated basement, an attached garage, and a generous 5,351 sqft lot. With over 2,100 sqft of living space, it offers ample room for a growing family or those who enjoy hosting.
The property’s data reveals some nuanced positioning. While its lot size ranks lower on its specific street, it sits comfortably above average for both the neighbourhood and Winnipeg overall. Its true strength is its modernity—it is newer than 95% of Winnipeg homes—and its solid value retention, having sold recently in 2023 for a price well above the assessed value at the time. This suggests a well-kept home in steady demand.
It would suit first-time buyers looking for a move-in-ready home without the worries of an older property, or young families attracted to the parks and pathways of the Bridgwater area. It’s also a sensible choice for value-conscious buyers who prioritize newer construction (and thus lower immediate repair costs) over having the largest property on the block.
Frequently Asked Questions
1. How does the lot size compare practically?
While the lot is larger than most in Winnipeg, it is more average within Bridgwater Lakes and is on the smaller side for Springwater Road itself. This typically means easier yard maintenance but slightly less private outdoor space than some direct neighbours.
2. What does the "renovated basement" include?
The listing confirms the basement is finished but does not specify the details of the renovation. A buyer should inquire whether it includes a legal secondary suite, additional bedrooms, a recreational room, or simply updated finishes.
3. Has the home’s value increased?
The home sold for $69.5k in July 2023, which was notably higher than its $66.1k assessed value at that time. This indicates the market valued it above its official valuation, a positive sign for equity, though current market conditions will determine its present value.
4. Is this a good street in the neighbourhood?
The data provides a relative perspective: homes on this street tend to have larger lots and are older on average. This property is newer than most on the street but has a smaller lot, offering a blend of modern living on a more established block.
5. Who are the typical neighbours?
The provided comparable homes with similar assessed values are located in diverse areas across Winnipeg, from Varsity View to Roblin Park. This indicates that at this price point, buyers are considering a wide range of neighbourhoods, making Bridgwater Lakes a competitive, modern option against more central, older communities.
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