Property score
87.8
Excellent
Overall 87.8 · Newer than most nearby homes
1,818 sqft (bottom 36%) · Built in 2016 (1 yr newer 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 shop, and 1 park nearby
Living Area
Below average
10% smaller than neighborhood avg.
Year Built
Above average
1 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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87.8 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
42 Clear Spring Road — 2 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 497 m), 1 parks (nearest 286 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 31% | Top 3% | Top 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Top 7% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 2016-built, one-storey home in Bridgwater Lakes sits on a large, 10,784 sqft lot, which is a standout feature, ranking in the top 8% of the neighbourhood for land area. Its primary appeal lies in a combination of space, a modern renovation, and strong value retention. The fully renovated basement adds significant liveable space to the 1,818 sqft main floor. The home's assessed value and recent sold price rank in the top 1-2% citywide, indicating a history of strong market performance relative to Winnipeg overall.
The property would suit buyers looking for a modern, low-maintenance bungalow layout in a newer community, with the bonus of a move-in ready, finished lower level. It’s particularly well-matched for those who prioritize generous outdoor space over having the largest interior footprint on the street. The data suggests it appeals to value-conscious buyers who see the long-term stability in a property that has consistently appraised and sold well above city averages.
Frequently Asked Questions
How does the living area compare to nearby homes?
While the home itself is a comfortable size, the interior is somewhat smaller than several immediate neighbours. The true compensation is the much larger lot, offering greater outdoor potential.
What does the "rank" data actually mean?
These rankings compare this specific property against every other home on its street, in Bridgwater Lakes, and across all of Winnipeg for metrics like size, age, and value. For example, ranking in the top 1% citywide for assessed value means it is valued higher than 99% of all Winnipeg properties.
The home sold recently in 2024. What does that indicate?
The October 2024 sale provides a very current, real-world market price, which is a reliable anchor for value. The fact that it sold for significantly more than its 2017 purchase price shows strong appreciation in that period.
Is the lot size typical for the area?
No, it's exceptional. The lot is larger than 92% of lots in Bridgwater Lakes, making it a distinct feature compared to many newer community properties which often have smaller yards.
How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes. The recent 2024 sold price of $980k is the true market indicator. The high assessment simply reinforces that the city also recognizes the property's premium value relative to others.
