47 Clear Spring Road

Bridgwater Lakes, Winnipeg

Property score

87.8

Excellent

Overall 87.8 · Larger than most nearby homes

2,400 sqft (top 18%) · 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

Above average

19% larger 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)

Sold Count

738

Median price

647.5k

$/sqft

$319/sqft

Avg build year

2015

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Property score

87.8 is composed by the two sections below.

Property Score

91.4Excellent
Living Area2,400 sqft96Excellent
Year Built201594Excellent
Lot Size5,902 sqft74Good
Neighbourhood Sales Activity79Good

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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

Population (2021)11,365
Labour force participation rate77%
Median age30.4
Avg household size3.1
Unemployment rate8%
Population density1696 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households13%
Couple families with children44%
Median household income (2020)$103K

Housing

Renter households21%
Condominium dwellings14%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority69%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 39%
Mother tongue (2nd)Chinese · 20%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,400 sqft
0255075100
Same streetTop 33%Same areaTop 18%CitywideTop 4%
Same street · Clear Spring Road
#12 / 36
Top 33% · Avg 2,197 sqft
Same area · Bridgwater Lakes
#220 / 1,191
Top 18% · Avg 2,018 sqft
Citywide · Winnipeg
#7,249 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
733k
0255075100
Same streetBottom 42%Same areaTop 21%CitywideTop 3%
Same street · Clear Spring Road
#21 / 36
Bottom 42% · Avg 956.9k
Same area · Bridgwater Lakes
#248 / 1,191
Top 21% · Avg 688.3k
Citywide · Winnipeg
#6,196 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
2015
0255075100
Same streetTop 33%Same areaTop 34%CitywideTop 7%

Lot Size

around average
5,902 sqft
0255075100
Same streetBottom 1%Same areaTop 46%CitywideTop 35%

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

47 Clear Spring Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 309 m).

Search radius
🌳Parks1

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

Sold 5/2020CA$650k–700k
Sold price

Same street

Bottom 19%

Same area

Top 24%

City-wide

Top 4%
Sold 7/2017CA$600k–650k
Sold price

Same street

Bottom 6%

Same area

Top 38%

City-wide

Top 7%

Related homes

Highlights & common questions: 47 Clear Spring Road, Winnipeg

Property Overview & Key Characteristics

This two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle in a sought-after Winnipeg community. Built in 2015, its key appeal lies in its move-in-ready condition, featuring a renovated basement and an attached garage. With 2,400 sqft of living space on a nearly 6,000 sqft lot, it provides ample room for a growing family or those who enjoy hosting.

The home’s value is underscored by its comparative rankings. It stands out in the wider Winnipeg context, ranking in the top 3% for both living area and assessed value among city properties. This suggests a well-sized home with strong municipal valuation. Within its immediate neighbourhood, it ranks highly for size (top 18%) and year built (top 34%), positioning it as a newer, above-average home for the area.

A thoughtful perspective for buyers is the home’s price history. While its current assessed value is strong, its last sale in 2020 was below the assessed value of comparable nearby homes, which could indicate room for equity growth or simply reflect a favourable past purchase. The property suits buyers looking for a modern home in a developed community without the wait and uncertainty of new construction. It would particularly appeal to professionals or families seeking space, modern amenities, and a property that holds a competitive position in the broader market.


Frequently Asked Questions

1. How does this home truly compare to others on the street?
While it ranks highly for size and age on Clear Spring Road, the "better than" percentages reveal a street with diverse properties. It's newer and larger than most, but its assessed value is mid-range for the street, suggesting it may offer a balanced proposition rather than being the absolute top-tier property on the block.

2. What does the "renovated basement" likely entail?
The listing specifies a renovated basement, which in a 2015 home typically means a professional, modern finish rather than an older update. It likely adds significant liveable square footage, potentially as a family room, home office, or additional bedrooms, completed with contemporary materials.

3. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value of $73.3k is for municipal tax purposes and is consistently in the top tier for Winnipeg. However, market price is determined by recent sales, condition, and demand. The provided comparable sales (like the 2020 sale at $66.5k) are more critical for understanding market trajectory.

4. Who might the neighbourhood ranking appeal to?
Ranking better than 54% of Bridgwater Lakes for lot size but 82% for living area indicates the home offers more interior space relative to its yard than many neighbours. This suits buyers who prioritize spacious living areas over extensive outdoor maintenance.

5. What is the significance of the nearby comparable properties listed?
Listings like 51 Clear Spring Rd (similar value, slightly larger) and 16 Bluemeadow Rd (same age, slightly smaller, lower value) provide concrete benchmarks. They suggest this home occupies a competitive middle ground in its immediate area, offering a balance of size, age, and value.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.