Property score
88.9
Excellent
Overall 88.9 · Larger and newer than most nearby homes
2,328 sqft (top 28%) · Built in 2016 (1 yr newer than avg)
Located in a high-income area with median household income of ~103k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
15% 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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88.9 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
199 Red Spruce Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 59 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 31% | Top 25% | Top 4% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 21% | Bottom 24% | Top 18% |
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 is a modern, low-maintenance property built in 2016. It sits on a generous 6,378 sqft lot and features 2,328 sqft of living space, an attached garage, and an unfinished basement. Its appeal lies in its contemporary build within a sought-after neighbourhood, offering a move-in-ready canvas. The home ranks consistently above average in size, age, and value compared to most of Winnipeg, suggesting a solid, above-par investment in a desirable area.
It would suit young families or professionals seeking a modern home in a community with newer infrastructure, without the immediate need for major renovations. The unfinished basement is a key feature for buyers looking to customize additional living space to their own taste and schedule. The strong rankings in assessed value and recent sale price also indicate it’s a fit for value-conscious buyers who prioritize metrics of long-term equity and neighbourhood standing over flashy, high-renovation properties.
Frequently Asked Questions
1. What does the "unfinished basement" condition mean?
The basement is complete but not renovated. It has the core structure (walls, floor, ceiling) and is ready for drywall, flooring, and finishing, allowing the next owner to customize the space.
2. How significant are the provided ranking percentages?
They are a relative benchmark. For example, being newer than 93% of Winnipeg homes highlights its modern construction, while lot size rankings better than 78% on its own street indicate it's among the larger properties in its immediate area.
3. The last sale was in 2021. What does that price history suggest?
The home sold for $660,000 in late 2021, a substantial increase from its 2016 sale price of $480,000. This history shows strong past appreciation, though current market conditions will determine the present value.
4. Is the property in a developed area of Bridgwater Lakes?
Yes. Given its 2016 build date and the proximity of many nearby homes on Red Spruce Road, this is in an established section of the community, not a brand-new phase of construction.
5. What is the practical benefit of the high assessed value ranking?
While not a direct market price, an assessed value ranking higher than 96% of Winnipeg properties is a strong indicator from the municipal assessor that the home is considered a high-value asset, which can be reassuring for financing and equity considerations.
