36 Red Spruce Road

Bridgwater Lakes, Winnipeg

Property score

84.5

Excellent

Overall 84.5 · Compared with neighbourhood average

1,917 sqft (bottom 45%) · 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

Near average

5% 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)

Sold Count

738

Median price

647.5k

$/sqft

$319/sqft

Avg build year

2015

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Property score

84.5 is composed by the two sections below.

Property Score

85.9Excellent
Living Area92
1,917 sqftExcellent
Year Built94
2014Excellent
Lot Size53
4,252 sqftFair
Neighbourhood Sales Activity79
Good

Community Score

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

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
1,917 sqft
0255075100
Same streetBottom 46%Same areaBottom 45%CitywideTop 13%
Same street · Red Spruce Road
#37 / 69
Bottom 46% · Avg 1,952 sqft
Same area · Bridgwater Lakes
#661 / 1,191
Bottom 45% · Avg 2,018 sqft
Citywide · Winnipeg
#25,228 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
581k
0255075100
Same streetBottom 32%Same areaBottom 35%CitywideTop 9%
Same street · Red Spruce Road
#47 / 69
Bottom 32% · Avg 629.4k
Same area · Bridgwater Lakes
#777 / 1,191
Bottom 35% · Avg 688.3k
Citywide · Winnipeg
#18,316 / 194,458
Top 9% · Avg 390.1k

Year Built

above average
2014
0255075100
Same streetBottom 41%Same areaTop 45%CitywideTop 8%

Lot Size

around average
4,252 sqft
0255075100
Same streetBottom 6%Same areaBottom 7%CitywideBottom 30%

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

36 Red Spruce Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 115 m).

Search radius
🌳Parks1

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 9/2019CA$400k–450k
Sold price

Same street

Bottom 3%

Same area

Bottom 9%

City-wide

Top 30%

Related homes

Highlights & common questions: 36 Red Spruce Road, Winnipeg

Property Overview: 36 Red Spruce Road, Bridgwater Lakes

Key Characteristics & Appeal

This two-storey home, built in 2014, presents a well-maintained property in the popular Bridgwater Lakes neighbourhood. Its key features include a renovated basement, a detached garage, and a living area of 1,917 sqft on a 4,252 sqft lot. The home’s primary appeal lies in its modern age and significant updates, paired with strong value metrics for the wider Winnipeg area. It ranks within the top 12% of the city for living space and the top 9% for the year it was built, indicating a relatively newer and roomier home compared to most of the market. The renovated basement adds immediate functional space without the need for a project.

This property would suit a buyer looking for a move-in ready home in a modern suburb, particularly one who values a home newer than most in the city and appreciates having the basement work already completed. It’s also a sensible choice for those who analyze value, as its assessed value places it in the top 8% citywide, suggesting a solid foundation of municipal valuation. The detached garage offers flexibility for storage or a workshop, appealing to hobbyists or families needing extra space.


Frequently Asked Questions

1. How does this home compare to others on the street?
While the home ranks highly for its size and age citywide, it’s more average within its own immediate street and neighbourhood. This suggests you’re getting a quality home that aligns with the local standard, without being an outlier.

2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality of the renovation and how the space can be used.

3. The sold price from 2019 seems low. Why is that?
The 2019 sold price of $41,600k is not a typical sale; it is likely a data transfer or title change, not an arms-length market transaction. The current assessed value of $58.10k is the relevant figure for municipal valuation.

4. Is the land size a pro or con?
At 4,252 sqft, the lot is fairly standard for newer subdivisions. It provides adequate private outdoor space but is not exceptionally large. Buyers seeking extensive gardening space or vast privacy may want to view the lot in person.

5. What is the significance of the high citywide rankings?
Rankings in the top 10-30% for living area, year built, and assessed value across all of Winnipeg indicate this home, on paper, offers more modern space and municipal value perception than most properties in the city. It’s a data point that underscores its relative standing in the broader market.