Property score
87.8
Excellent
Overall 87.8 · Compared with neighbourhood average
2,287 sqft (top 31%) · Built in 2015
Located in a high-income area with median household income of ~103k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
13% larger than neighborhood avg.
Year Built
Near average
0 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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87.8 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
3 Red Spruce Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 105 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 26% | Top 24% | Top 4% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 23% | Top 24% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 3 Red Spruce Road, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This well-situated two-storey home in the popular Bridgwater Lakes community offers a balanced proposition for modern living. Built in 2015, it presents as a solid, move-in-ready property with an attached garage and a generous 5,708 sqft lot. Its key appeal lies in its strong positional metrics: the living area (2,287 sqft) ranks within the top third for size both on its street and in Winnipeg overall, indicating a above-average spaciousness for its vintage. The home’s assessed value has remained remarkably stable over recent years, suggesting a resilient valuation in its market segment.
The property would suit practical buyers looking for a established home in a sought-after newer neighbourhood without the premium of a brand-new build. It’s ideal for those who value space and a stable investment history over a recently renovated or customized interior, as the basement is noted as not being renovated. A thoughtful perspective is that this home represents a "sweet spot" in the community—old enough to be past any initial construction settling issues, yet new enough to benefit from modern building standards and neighbourhood amenities that are now fully matured.
Section 2: Frequently Asked Questions
1. What does the ranking data (e.g., "Top 70% on street") actually mean?
This percentile ranking compares this specific property against similar data points (like living area or year built) for other homes on its street, in the neighbourhood, and across Winnipeg. For example, its living area ranking in the top 30% on its street means it is larger than 70% of the homes on Red Spruce Road.
2. The home sold twice recently (2023 and 2024) for nearly identical prices. Is this a concern?
Not necessarily. The minimal fluctuation between the 2023 and 2024 sale prices, closely aligned with the assessed value, indicates a stable market value. It suggests the property is not subject to volatile price swings and was likely priced appropriately for its condition and market at those times.
3. The basement is noted as "not renovated." What should I expect?
You can expect a functional, unfinished basement space. This presents a blank canvas for future customization to suit your needs, whether for storage, a home gym, or a future recreational room, but it does require planning and investment to realize that potential.
4. How does this home compare to others in Bridgwater?
The provided comparisons show it has a larger living area and a higher assessed value than many similar-aged homes in various Bridgwater subdivisions (Trails, Centre, Lakes). This positions it as a comparatively spacious and higher-value option within the broader Bridgwater area.
5. The lot is larger than average. What are the implications?
The 5,708 sqft lot offers more outdoor space for gardening, play, or entertaining than many newer properties. This is a lasting advantage, as land size is fixed. It may also provide more flexibility for future exterior additions like a deck or shed, subject to local bylaws.
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