Property score
78.4
Good
Overall 78.4 · Smaller than most nearby homes
1,491 sqft (bottom 11%) · Built in 2015
Located in a high-income area with median household income of ~103k
Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Near average
0 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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78.4 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
44 Red Spruce Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 119 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 13% | Bottom 19% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 44 Red Spruce Road, Bridgwater Lakes
Key Characteristics & Buyer Profile
This is a 2015-built, two-storey home in the modern Bridgwater Lakes neighbourhood. Its key appeal lies in being a relatively newer, low-maintenance property within a popular suburban community. The home features a standard living area of 1,491 sqft, a detached garage, and an unfinished basement offering potential for future customization.
The property’s standout characteristic is its value proposition. While its assessed value is modest compared to many in Winnipeg, the data suggests it may appeal to a pragmatic buyer. Its land size is on the smaller side for the street, but the home itself is newer than most in the city. This creates a specific niche: it suits first-time buyers or investors seeking a newer build in a established area without a premium price tag, or those who prioritize a modern structure over a large lot. The appeal is practical—offering a move-in ready canvas in a desirable location, where the unfinished basement and smaller yard represent opportunities for personalization rather than immediate, costly upgrades.
Frequently Asked Questions
1. Is this a good value for the area?
The data indicates a mixed picture. The home’s assessed value is in the lower tier for its immediate street and neighbourhood, which can signal a value opportunity. However, it’s essential to view the property in person, as this may reflect the home’s specific condition, layout, or lot size.
2. What is the neighbourhood like?
Bridgwater Lakes is a master-planned, family-oriented community in Winnipeg known for its newer homes, parks, and pathways. It offers a suburban feel with modern amenities and is popular with young families and professionals.
3. Why is the assessed value significantly different from the last sale price?
The home sold for $46.7k in late 2021, and the current assessed value is $50.60k. This increase is relatively modest. It’s important to obtain a current market evaluation, as assessed values for tax purposes can differ from actual market value and may not fully reflect recent market conditions or specific property factors.
4. What does the "unfinished basement" mean for me?
The basement is a blank slate. It provides valuable extra space for storage or future development (like a rec room or additional bedroom), but completing it would require a significant investment. This is a key factor to weigh in your budget and long-term plans.
5. How does the lot size compare?
At 4,488 sqft, the land area is smaller than most on Red Spruce Road and in Bridgwater Lakes. This typically means less yard maintenance but also less private outdoor space. If a large yard is a priority, this is an important consideration.
