Property score
90.8
Excellent
Overall 90.8 · Larger and newer than most nearby homes
2,738 sqft (top 5%) · 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
36% 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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90.8 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
38 Springwater Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 307 m), 2 healthcare (nearest 280 m), 3 shopping (nearest 168 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%
38 Springwater Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
38 Springwater Road is a spacious, modern two-storey home in Winnipeg's sought-after Bridgwater Lakes neighbourhood. Built in 2018, it offers a move-in-ready foundation with room for personalization. Its primary appeal lies in its generous proportions, both in living space and lot size, within a newer, well-regarded community.
Key Characteristics & Ideal Buyer
This home stands out for its scale. With 2,738 sqft of living area, it ranks in the top 3% of homes on its street and top 5% within Bridgwater Lakes for size. The lot is equally substantial at over 9,200 sqft, placing it in the top 8% locally. It features an attached garage and a full, unfinished basement—a significant blank canvas for future expansion. The assessed value is notably higher than many nearby comparable listings, suggesting premium finishes or a desirable location within the subdivision.
The property suits buyers looking for a large, modern family home in a master-planned community without needing an immediate full renovation. It’s ideal for those who value space above all—both indoors and out—and who may see potential in customizing the basement to their needs over time. Its strong rankings for size and value make it a standout property for someone seeking a long-term home with room to grow in a neighbourhood that holds its appeal.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is included but is not renovated. This presents an opportunity to finish it to your specific taste and needs.
2. How does this home compare in size to others in Bridgwater Lakes?
It is notably larger than most. With 2,738 sqft, it is larger than 95% of homes in the neighbourhood, making it one of the more spacious options available.
3. What does the high assessed value relative to nearby homes indicate?
While market price is determined by the seller, a higher assessed value often reflects desirable features, upgrades, or a prime lot location that the municipality recognizes for taxation purposes. It’s a positive indicator of the home’s standing within the area.
4. The home is 8 years old. What should I consider?
A 2018 build means major components like the roof, HVAC, and appliances are likely still in good condition, but may be approaching the age where routine maintenance or eventual replacement should be budgeted for. It’s a modern home past its initial "brand-new" warranty period.
5. Why is the lot size a significant feature?
At 9,274 sqft, the lot is substantially larger than many in newer subdivisions. This offers more privacy, greater potential for outdoor living spaces like decks or gardens, and simply more room between you and your neighbours—a growing rarity.
