Property score
88.2
Excellent
Overall 88.2 · Newer than most nearby homes
2,248 sqft (top 34%) · Built in 2019 (4 yrs 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: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby
Living Area
Near average
11% 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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88.2 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
50 Pebble Creek Gate — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 346 m), 2 healthcare (nearest 330 m), 3 shopping (nearest 210 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 1% | Bottom 23% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home in Bridgwater Lakes, built in 2019, presents a modern, low-maintenance living option on a generous lot. Its key appeal lies in its balance of being a relatively new build—sparing immediate major repair costs—within an established, family-oriented neighbourhood. With an attached garage and an unfinished basement, it offers both convenience and potential for future customization to suit an owner's needs.
The home is well-suited for first-time buyers or young families seeking a move-in ready property without the uncertainties of an older home. Its above-average living space for Winnipeg provides room to grow. A thoughtful perspective is its position within the neighbourhood rankings; while it scores highly for its newness city-wide, its value and size are more middle-of-the-pack locally. This suggests it’s a solid, contemporary home in a desirable area, but not the largest or most premium offering on its street, which may appeal to buyers looking for community amenities over sheer size.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Bridgwater Lakes, and across Winnipeg. For example, being "Top 5%" in Winnipeg for year built confirms it's a very modern home city-wide. However, being "Top 75%" for living area on its own street means it's on the smaller side compared to its immediate neighbours.
2. Is the basement usable in its current state?
The basement is noted as "not renovated," meaning it is unfinished. It provides valuable storage and mechanical space and represents significant potential for future expansion (like a rec room or extra bedroom), but would require investment to complete.
3. How does the 2019 sale price compare to today's value?
The home sold for $48,000 in April 2019, likely during its initial construction or first occupancy. The current assessed value is $63,500. This increase aligns with typical market trends and the home's transition from new build to established property.
4. Who would this property not suit as well?
Buyers seeking a fully turnkey home with a finished basement for immediate use, or those prioritizing a top-tier lot size or interior square footage within the Bridgwater Lakes area specifically, might find other properties more aligned with those priorities.
5. What is the context of the "For reference" property at 38 Springwater Road?
This nearby property, built in 2018 with more living area and a higher assessed value, is provided as a benchmark. It helps illustrate the range of home sizes and values within Bridgwater Lakes, showing that this listing sits at a more accessible point in the neighbourhood's spectrum.
