Property score
89.2
Excellent
Overall 89.2 · Newer than most nearby homes
2,227 sqft (top 35%) · Built in 2016 (1 yr newer than avg)
Located in a high-income area with median household income of ~103k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
10% larger than neighborhood avg.
Year Built
Above average
1 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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89.2 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
191 Red Spruce Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 27 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 8% | Top 7% | Top 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 5% | Top 7% | Top 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 28% | Top 25% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home in Bridgwater Lakes, built in 2016, presents a modern and well-maintained offering. Its key appeal lies in a combination of above-average size, a desirable newer build, and strong value retention. The 2,227 sqft living area is larger than approximately 95% of Winnipeg homes, situated on a generous 6,525 sqft lot. A significant feature is the renovated basement, adding functional living space. The home's assessed value of $755,000 ranks within the top 3% of the city, and its recent sale history shows consistent, high-value transactions, suggesting a stable and coveted property in its area.
The property would suit buyers looking for a move-in ready, modern family home in a planned community, who value space and a track record of strong market performance. It's particularly suited for those who appreciate a home that not only meets current needs but has also demonstrated notable equity growth, making it a prudent choice for both lifestyle and investment-minded purchasers.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing or inquiry with the listing agent is necessary to determine if it includes additional bedrooms, a living area, a bathroom, or specific premium features.
2. How does the recent sale history affect the current price?
The home sold for $850,000 in August 2021 and $835,000 in October 2021, both figures well above the current assessed value. This history indicates the property has commanded premium prices in the recent past, which will likely be a key factor in the seller's pricing strategy and in buyer comparisons for the current listing.
3. Is the property in a flood-prone area?
The home is located in the Bridgwater Lakes neighbourhood, which is part of the newer Waverley West development. These communities were constructed with modern flood mitigation infrastructure. However, for absolute certainty, buyers should conduct due diligence, review any applicable community reports, and consider a property-specific review.
4. What are the annual property taxes?
The annual property tax is not provided in this data. It can be calculated approximately by applying the current City of Winnipeg mill rate to the assessed value ($755,000), but the exact amount should be verified through the city's tax assessment office or the listing agent.
5. Why is the assessed value different from the recent sale prices?
Municipal assessed value for taxation purposes often lags behind the current market and is based on mass appraisal techniques. The significant difference here (assessed at $755,000 vs. recent sales near $850k) suggests the market has historically valued this specific property higher than the city's assessment, a point for buyers to discuss with their real estate professional when formulating an offer.
