Property score
82.4
Excellent
Overall 82.4 · Smaller than most nearby homes
1,725 sqft (bottom 30%) · Built in 2014 (1 yr older than avg)
Located in a high-income area with median household income of ~103k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Near average
1 yrs older 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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82.4 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
32 Red Spruce Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 115 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 31% | Bottom 29% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 32 Red Spruce Road, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This is a 12-year-old, two-storey home in the established Bridgwater Lakes neighbourhood. Its key characteristics include a 1,725 sqft living area, a 4,488 sqft lot, and a detached garage. The basement exists but is not renovated. The home’s primary appeal lies in its relative newness and efficient use of space within a modern community. The data suggests it offers solid value, ranking better than 82% of Winnipeg homes for living area and better than 91% for its newer year of build (2014). However, its assessed value ranks lower within its immediate street and neighbourhood, which could indicate either a value opportunity or a more modestly appointed home compared to nearby properties.
This property would suit first-time buyers or young families looking for a modern, low-maintenance home in a popular suburban area without requiring immediate major renovations. It may also appeal to value-conscious buyers who prioritize a newer building envelope and are comfortable with a home that has room for personalization, particularly in the unfinished basement. A less obvious perspective is that for buyers who plan to stay long-term, the home’s current lower ranking on the street for value could represent future upside as the neighbourhood continues to mature and renovate.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement is confirmed as not renovated, providing a blank canvas for future expansion or storage.
2. How does this home compare to others on the street?
The data shows a mix: the home ranks in the top third for lot size but in the bottom half for year built and living area on Red Spruce Road. This suggests it is a moderately sized property on a decent lot among slightly newer peers.
3. What does the assessed value ranking mean?
The current assessed value ranks in the lower half for both the street and Bridgwater Lakes, but in the top 14% for all of Winnipeg. This typically indicates the home is a strong value city-wide but may be more modestly valued within its own desirable neighbourhood.
4. Is the neighbourhood well-established?
Yes. With homes built around 2014-2015, Bridgwater Lakes is a mature, newer suburban community where landscaping and infrastructure are settled, but the homes are still relatively modern.
5. What are the potential drawbacks to consider?
The detached garage (vs. attached) and unrenovated basement are functional trade-offs. The sale history shows it last sold below its current assessed value in 2021, which is worth exploring further to understand market context.
