55 Clear Spring Road

Bridgwater Lakes, Winnipeg

Property score

87.5

Excellent

Overall 87.5 · Newer than most nearby homes

2,155 sqft (top 39%) · Built in 2018 (3 yrs newer than avg)

Located in a high-income area with median household income of ~103k

Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Near average

7% larger than neighborhood avg.

Year Built

Above average

3 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

87.5 is composed by the two sections below.

Property Score

90.8Excellent
Living Area94
2,155 sqftExcellent
Year Built97
2018Excellent
Lot Size74
5,903 sqftGood
Neighbourhood Sales Activity79
Good

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

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

above average
2,155 sqft
0255075100
Same streetBottom 44%Same areaTop 39%CitywideTop 7%
Same street · Clear Spring Road
#20 / 36
Bottom 44% · Avg 2,197 sqft
Same area · Bridgwater Lakes
#461 / 1,191
Top 39% · Avg 2,018 sqft
Citywide · Winnipeg
#14,419 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

Elite
667k
0255075100
Same streetBottom 22%Same areaTop 37%CitywideTop 5%
Same street · Clear Spring Road
#28 / 36
Bottom 22% · Avg 956.9k
Same area · Bridgwater Lakes
#438 / 1,191
Top 37% · Avg 688.3k
Citywide · Winnipeg
#9,258 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 11%Same areaTop 12%CitywideTop 4%

Lot Size

around average
5,903 sqft
0255075100
Same streetBottom 8%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

55 Clear Spring Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 286 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 11/2019CA$600k–650k
Sold price

Same street

Bottom 12%

Same area

Top 36%

City-wide

Top 7%

Related homes

Highlights & common questions: 55 Clear Spring Road, Winnipeg

Property Summary: 55 Clear Spring Road, Bridgwater Lakes

Key Characteristics & Appeal

This two-storey home in Bridgwater Lakes is a modern property, built in 2018, offering a move-in-ready foundation with room for personalization. Its key appeal lies in a combination of newer construction within a well-established suburban neighbourhood. The home sits on a generous lot (over 5,900 sq ft) and features over 2,150 sq ft of living space with an attached garage and an unfinished basement—a significant blank canvas for future expansion.

The property’s standout metrics are its age and efficiency relative to Winnipeg overall; it ranks newer than 95% and more valuable than 96% of homes citywide. This suggests a solid, modern asset with lower immediate maintenance concerns. However, the context within its own immediate street is more nuanced. While the home is newer than most on the block, its lot size and past sale value rank in the lower half for Clear Spring Road, indicating it may offer better relative value compared to pricier neighbours.

This home would suit first-time buyers or young families seeking a modern build in a popular planned community without paying a premium for a fully renovated interior. The unfinished basement is a major pro for buyers looking to customize space to their exact needs over time. It’s less suited for those seeking a turnkey, fully developed home or the largest property on the street.

Frequently Asked Questions

1. How does this home truly compare to others on the street?
While newer than 89% of homes on Clear Spring Road, its prior sale price and current lot size rank in the lower third for the street. This can represent an opportunity to own a newer home on a desirable street at a potentially more accessible point.

2. What does the "unfinished basement" entail?
The basement is structurally complete but not developed into living space. It provides rough-ins for future bathrooms and living areas, offering significant flexibility but requiring an investment to finish.

3. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value ($66.7k) is for municipal tax purposes. The last known sale was in 2019 for $61.4k. The listing price will be based on current market conditions, which are not provided in this data.

4. What is the Bridgwater Lakes neighbourhood like?
It's a master-planned community in Winnipeg's southwest, known for newer homes, parks, ponds, and pathways. The provided comparable properties all lie within this neighbourhood, indicating consistency in style and value.

5. Why are the citywide rankings so high compared to the street rankings?
This highlights the character of the immediate area. Clear Spring Road and Bridgwater Lakes consist of relatively new, valuable homes. Therefore, while this property ranks highly citywide, it faces stiffer competition from its direct, similarly modern neighbours.