Property score
90.7
Excellent
Overall 90.7 · Larger and newer than most nearby homes
2,608 sqft (top 8%) · Built in 2019 (4 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby
Living Area
Above average
29% larger than neighborhood avg.
Year Built
Above average
4 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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Property score
90.7 is composed by the two sections below.
Property Score
Community Score
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.
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.
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
EliteYear Built
EliteLot Size
above averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
46 Springwater Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 291 m), 2 healthcare (nearest 250 m), 3 shopping (nearest 132 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 40% | Top 41% | Top 7% |
46 Springwater Road · Sold transaction data notes
Data Source
Data Coverage
Data Precision
Is Current Data Suitable for You
How to Get More Accurate Data
Privacy & Commitment
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 46 Springwater Road, Winnipeg
Property Overview & Key Characteristics
This two-storey home in Bridgwater Lakes is a modern, low-maintenance property built in 2019. Its primary appeal lies in its combination of a spacious, contemporary layout and a generous, established lot. With over 2,600 square feet of living space, it ranks in the top 10% of Winnipeg homes for size, offering ample room for family life. The property sits on a large 8,281 sqft lot, providing significant outdoor space that is rare for newer builds in the area. While the basement is unfinished, this presents a clean slate for future customization.
The home is ideally suited for growing families or professionals seeking a move-in ready, modern home in a sought-after community without the wait and uncertainty of new construction. It also appeals to buyers who value both interior space and substantial yard size—a combination that can be difficult to find. The strong rankings across neighbourhood and city metrics for lot size, living area, and assessed value suggest a solid, above-average property within its market.
Frequently Asked Questions
1. What is the significance of the property’s rankings?
The rankings compare this home against others on its street, in Bridgwater Lakes, and across Winnipeg. For example, its living area is in the top 6% on its street and top 2% city-wide, objectively highlighting its above-average size and space.
2. The assessed value is much higher than the last sale price. What does this mean?
The home last sold in 2019 for $600,000. The current assessed value of $706,000 reflects the municipal assessment for taxation, which considers market trends and improvements. It indicates strong appreciation, but the true market value is determined by current buyer demand.
3. Is the large lot a common feature here?
An 8,281 sqft lot is notably larger than average for this neighbourhood, ranking in the top 15%. It offers more privacy and yard space than many newer properties, which often have smaller lot footprints.
4. Who would the unfinished basement benefit?
An unfinished basement is a plus for buyers wanting to customize the space to their exact needs, whether for a home theatre, gym, or suite. It avoids the cost of undoing someone else’s renovations and allows for modern, up-to-date finishes.
5. How does this property fit into the Bridgwater Lakes community?
Built in 2019, this home is among the newer residences in the area but is now past the initial "brand new" phase. This means the landscaping and neighbourhood greenery have had time to mature, offering a more established feel while the home itself remains modern.
Map & Street View
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