Property score
88.2
Excellent
Overall 88.2 · Larger and newer than most nearby homes
2,364 sqft (top 21%) · 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
Above average
17% 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)
738
647.5k
$319/sqft
2015
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88.2 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
36 Springwater Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 327 m), 2 healthcare (nearest 300 m), 3 shopping (nearest 186 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 30% | Top 16% | Top 3% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 24% | Bottom 46% | Top 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 36 Springwater Road, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This well-maintained two-storey home, built in 2018, offers modern living in the popular Bridgwater Lakes community. Its key appeal lies in a balance of space, newer construction, and established neighbourhood growth. With 2,364 sqft of living space and a 5,666 sqft lot, the property provides ample room for family life. The attached garage and existing (but unrenovated) basement add functional potential.
The home’s strength is its relative newness within a broader city context—it’s newer than 95% of Winnipeg homes, meaning major components are likely within their lifespan, offering peace of mind. Its value has appreciated steadily since 2020, indicating a solid investment in a desirable area. The lot size is above average for the immediate street, providing a bit more privacy and yard space than many neighbouring properties.
This property would suit first-time buyers or young families seeking a move-in ready, modern home without the premium of a brand-new build. It’s also a practical choice for value-conscious buyers who want the benefits of a newer community (like modern layouts and infrastructure) but appreciate that the initial "newness" phase has settled. The unrenovated basement presents a clear opportunity for future customization to add value and space.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks above average for living space (top 25% on the street) and lot size, but is middle-of-the-pack for year built on Springwater Road. This suggests you're getting a more spacious property on a street where some homes may be slightly newer or older.
2. What does the sale history indicate?
The home has sold twice in recent years (2020 and 2021), showing a healthy increase in value each time. This pattern suggests strong demand in the area and that the property has kept pace with or exceeded market trends.
3. Is the basement finished?
No, the basement is noted as "not renovated." This is a blank canvas for future development, allowing a new owner to customize the space to their needs, but it requires planning and investment for completion.
4. How does Bridgwater Lakes compare to wider Winnipeg?
The data shows this home consistently ranks in the top tier of Winnipeg properties for size, assessed value, and newness. However, within the Bridgwater Lakes neighbourhood itself, its rankings are more mixed—it's a solid, above-average home in an already high-performing community.
5. What is the significance of the assessed value versus last sale price?
The current assessed value ($66.30k) is below the last sold price in 2021 ($71.50k). It's important to consult with a real estate professional to understand current market conditions, as assessed values for tax purposes don't always directly reflect immediate market value.
