30 Springwater Road

Bridgwater Lakes, Winnipeg

Property score

87.5

Excellent

Overall 87.5 · Newer than most nearby homes

2,027 sqft (top 46%) · Built in 2018 (3 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

Near average

0% larger than neighborhood avg.

Year Built

Above average

3 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

87.5 is composed by the two sections below.

Property Score

90.8Excellent
Living Area2,027 sqft94Excellent
Year Built201897Excellent
Lot Size5,666 sqft74Good
Neighbourhood Sales Activity79Good

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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.

Rankings

Living Area

above average
2,027 sqft
0255075100
Same streetBottom 40%Same areaTop 46%CitywideTop 10%
Same street · Springwater Road
#39 / 65
Bottom 40% · Avg 2,130 sqft
Same area · Bridgwater Lakes
#551 / 1,191
Top 46% · Avg 2,018 sqft
Citywide · Winnipeg
#19,906 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
630k
0255075100
Same streetBottom 25%Same areaTop 49%CitywideTop 6%
Same street · Springwater Road
#49 / 65
Bottom 25% · Avg 731.5k
Same area · Bridgwater Lakes
#586 / 1,191
Top 49% · Avg 688.3k
Citywide · Winnipeg
#11,977 / 194,458
Top 6% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetBottom 34%Same areaTop 12%CitywideTop 4%

Lot Size

around average
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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

30 Springwater Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 342 m), 2 healthcare (nearest 314 m), 3 shopping (nearest 200 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%

Sales History

Sold 3/2021CA$500k–550k
Sold price

Same street

Bottom 22%

Same area

Bottom 42%

City-wide

Top 12%

Related homes

Highlights & common questions: 30 Springwater Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Lakes is a modern, low-maintenance property built in 2018. Its primary appeal lies in its balance of contemporary living and established community. The home features a renovated basement, an attached garage, and a living space of over 2,000 square feet on a generous lot. Key data points suggest it offers above-average space and newer construction compared to most of Winnipeg, positioning it as a turn-key home in a sought-after neighbourhood.

Who It Suits:
This property is ideal for young families or professionals seeking a modern home in a developed area without the wait or uncertainties of new construction. Its manageable size and renovated condition suit buyers looking for a move-in-ready property with little immediate work required. The strong rankings for lot size and living area within Winnipeg indicate it offers more space than many newer homes, appealing to those who value room to grow outdoors without excessive yard maintenance.

Key Considerations:
A thoughtful perspective is the home’s value proposition within its immediate street. While it scores highly against the wider city, its rankings on Springwater Road for metrics like assessed value and recent sale price are more moderate. This suggests it sits in a solid, middle-range position within its own block, which could be seen as a stable investment in a consistent area rather than a standout bargain. The renovated basement adds flexible living space, a significant asset for remote work or extended family.


Frequently Asked Questions

1. How does this home compare to others in Bridgwater Lakes?
The home is newer than 88% of properties in the neighbourhood and has a larger living area than 54% of them. Its assessed value is also higher than half of the homes in the area, placing it in a solid, above-average position within this popular community.

2. What is the significance of the lot size?
At 5,666 sqft, the lot is larger than average for the area and the city. This provides more private outdoor space than many newer properties, which is a key feature for families or those who enjoy gardening and entertaining.

3. The home sold in 2021; what does that past sale price indicate?
The previous sale price in March 2021 was $53,900. This is not the purchase price of the home; it likely represents a legal title transfer, such as between family members or as part of a refinancing arrangement. It should not be used as a marker of the home’s current market value.

4. Is the property tax assessment a reliable indicator of the listing price?
The assessed value of $630k is for municipal tax purposes and is based on a mass appraisal system. It can be a useful benchmark, showing the home is valued highly by the city assessor compared to most Winnipeg properties. However, the final market price is determined by current buyer demand and comparable sales.

5. What are the less obvious factors to consider about this location?
The data shows the home’s metrics (like size and assessed value) are stronger city-wide than on its specific street. This suggests Springwater Road may have a mix of home values and sizes. Buyers should explore the street directly to gauge its character and uniformity, which can impact long-term value and day-to-day living feel.

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