Property score
89.2
Excellent
Overall 89.2 · Newer than most nearby homes
2,039 sqft (top 46%) · Built in 2019 (4 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 60.0 · 11-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 shop, 1 bank/ATM, and 2 place of worships nearby
Living Area
Near average
1% larger 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
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
194 Springwater Road — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 432 m), 1 shopping (nearest 474 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 16% | Bottom 37% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 2019-built, two-storey home in Bridgwater Lakes offers modern living on a generous 8,285 sqft lot. Its key appeal lies in the balance of being a relatively new build—which minimizes immediate major maintenance concerns—situated on a large parcel that ranks in the top 20% for size on its street. With 2,039 sqft of living space, it provides ample room for a growing household.
The home’s standout characteristic is its strong positional value within the broader market. It ranks in the top 10% of Winnipeg for living area and the top 5% for assessed value, suggesting it is a substantial property in a desirable context. The attached garage and existing (though unrenovated) basement offer practical space and future potential. Its appeal is geared towards buyers seeking a modern home in a family-oriented neighbourhood, who value a larger lot for privacy, outdoor space, or future projects like a deck or garden. It would suit a young family looking for move-in-ready comfort with room to grow, or a buyer who appreciates a property with strong fundamentals and rankings that may support long-term value.
Frequently Asked Questions
1. What does the assessed value ranking actually mean?
The ranking shows that this home’s municipal assessed value is higher than 95% of properties in Winnipeg, placing it in the top 5%. This generally indicates the city views it as a higher-value asset compared to most, which can be a positive indicator of its standing, though market value can differ.
2. The home sold for less in 2019 than its current assessed value. Is that a concern?
Not necessarily. The 2019 sale price was likely close to its original purchase price as a new build. The current assessed value reflects the city’s valuation after several years, accounting for market changes and the established neighbourhood. It’s a common pattern for newer homes.
3. How usable is the basement?
The listing specifies the basement exists but is "not renovated." This means it is likely unfinished or only partially finished, presenting a blank canvas. It adds valuable storage and future living space, but any development would require investment.
4. The lot is large, but what about the house size compared to neighbours?
While the lot is in the top 20% on the street, the living area ranks in the top 58%. This suggests the home itself is of average size for the street, but it sits on a larger-than-average plot. The value proposition here is more about land space than sheer interior square footage relative to immediate neighbours.
5. What is the significance of the "For Reference" comparable property?
The listed property at 180 Creekside Road (similar year, size, and value) is likely provided as a benchmark. It shows this home is competitively positioned within Bridgwater Lakes, offering a similar package to other recent builds in the area, which helps validate its market position.
