26 Springwater Road

Bridgwater Lakes, Winnipeg

Property score

88.9

Excellent

Overall 88.9 · Larger and newer than most nearby homes

2,699 sqft (top 6%) · Built in 2019 (4 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

Above average

34% larger than neighborhood avg.

Taon ng Paggawa

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)

Sold Count

738

Median price

647.5k

$/sqft

$319/sqft

Avg build year

2015

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Property score

88.9 is composed by the two sections below.

Property Score

93.2Excellent
Living Area98
2,699 sqftExcellent
Taon ng Paggawa97
2019Excellent
Lupa74
5,666 sqftGood
Neighbourhood Sales Activity79
Good

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

Istatistika ng benta ng komunidad

Bridgwater Lakes

How to read: Share of sales in each ~$50k price band for “bridgwater lakes” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257

Community deep dive

$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

Population, labour & age

Population (2021)11,365
Labour force participation rate77%
Median age30.4
Avg household size3.1
Unemployment rate8%
Population density1696 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households13%
Couple families with children44%
Median household income (2020)$103K

Housing

Renter households21%
Condominium dwellings14%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority69%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 39%
Mother tongue (2nd)Chinese · 20%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Mga ranggo

Living Area

Elite
2,699 sqft
0255075100
Same streetTop 5%Same areaTop 6%CitywideTop 2%
Same street · Springwater Road
#3 / 65
Top 5% · Avg 2,130 sqft
Same area · Bridgwater Lakes
#66 / 1,191
Top 6% · Avg 2,018 sqft
Citywide · Winnipeg
#3,591 / 194,458
Top 2% · Avg 1,342 sqft

Assessed Value

Elite
741k
0255075100
Same streetTop 38%Same areaTop 19%CitywideTop 3%
Same street · Springwater Road
#25 / 65
Top 38% · Avg 731.5k
Same area · Bridgwater Lakes
#232 / 1,191
Top 19% · Avg 688.3k
Citywide · Winnipeg
#5,930 / 194,458
Top 3% · Avg 390.1k

Taon ng Paggawa

Elite
2019
0255075100
Same streetTop 22%Same areaTop 5%CitywideTop 4%

Lupa

karaniwan
5,666 sqft
0255075100
Same streetBottom 22%Same areaBottom 45%CitywideTop 39%

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.

Transit & Walkability

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

26 Springwater Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 356 m), 2 healthcare (nearest 329 m), 3 shopping (nearest 214 m).

Search radius
🍽️Dining3
🏥Healthcare2
🛒Shopping3
🏦Finance2
Fuel Stations1
Worship2

Crime & Safety

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%

Kasaysayan ng Benta

Naibenta 8/2020CA$600k–650k
Presyo ng benta

Parehong kalye

Top 50%

Parehong lugar

Top 33%

Buong lungsod

Top 6%

Related homes

Mga tampok at karaniwang tanong: 26 Springwater Road, Winnipeg

Property Overview: 26 Springwater Road, Bridgwater Lakes

Key Characteristics & Appeal

This two-storey home in the popular Bridgwater Lakes community is a modern property built in 2019, offering a move-in-ready canvas. Its primary appeal lies in its above-average size and contemporary foundation within a newer neighbourhood. With a generous 2,699 sqft of living space, it ranks in the top 5% of homes on its street for size, providing ample room for a growing family or those who value spacious layouts. The home sits on a large 5,666 sqft lot and includes an attached garage and a full, unfinished basement—a significant blank slate for future customization to suit an owner's specific needs.

The property’s data reveals a compelling value perspective. Its current assessed value has risen notably since its 2020 sale, and it ranks in the top tiers for both value and living area city-wide. This suggests a home that has appreciated well and stands out in its category. It would suit first-time buyers looking for a modern home without the wait of new construction, or practical buyers who see potential in personalizing a basement over time. It’s also a strong fit for those who prioritize lot size and interior square footage in a newer community, and who appreciate a property with a documented value trajectory that outperforms many of its neighbours.


Frequently Asked Questions

1. What does the "unfinished basement" mean for me?
While not renovated, this is a significant opportunity. It’s a full basement in a 2019 home, meaning it’s a clean, modern space ready to be finished to your exact specifications, potentially adding substantial value and living space without the need to renovate outdated work.

2. The home sold in 2020. Is there any cause for concern?
Not inherently. The sale in 2020 was likely from the builder to the first owner. The solid increase in assessed value since then, coupled with its high rankings for year-built and size, indicates a well-maintained, desirable property in a maturing neighbourhood.

3. How should I interpret the neighbourhood ranking percentages?
These rankings compare this specific property against others. For example, being "better than 95% in the neighbourhood" for year-built means it is one of the newest homes in Bridgwater Lakes. This is a key advantage for systems, structure, and modern building standards.

4. The lot is large, but what about the street ranking?
The lot is genuinely spacious at over 5,600 sqft. The street ranking for land area (better than 22%) suggests that while the lot is large, some neighbouring properties on Springwater Road may have even larger lots. Your focus should be on the absolute size, which is ample for a newer community.

5. Who is the typical buyer in Bridgwater Lakes?
This community is popular with young families, professionals, and buyers seeking newer homes with modern amenities and community planning. This particular home, with its size and unfinished basement, offers flexibility for either a family needing space now or a buyer planning for future needs.