66 Springwater Road

Bridgwater Lakes, Winnipeg

Property score

88.9

Excellent

Overall 88.9 · Larger and newer than most nearby homes

2,351 sqft (top 25%) · Built in 2019 (4 yrs newer than avg)

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: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby

Living Area

Above average

16% 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)

Sold Count

738

Median price

647.5k

$/sqft

$319/sqft

Avg build year

2015

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Property score

88.9 is composed by the two sections below.

Property Score

93.1Excellent
Living Area2,351 sqft96Excellent
Year Built201997Excellent
Lot Size6,175 sqft81Excellent
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
2,351 sqft
0255075100
Same streetTop 31%Same areaTop 25%CitywideTop 4%
Same street · Springwater Road
#20 / 65
Top 31% · Avg 2,130 sqft
Same area · Bridgwater Lakes
#294 / 1,191
Top 25% · Avg 2,018 sqft
Citywide · Winnipeg
#8,318 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

above average
638k
0255075100
Same streetBottom 29%Same areaTop 47%CitywideTop 6%
Same street · Springwater Road
#46 / 65
Bottom 29% · Avg 731.5k
Same area · Bridgwater Lakes
#554 / 1,191
Top 47% · Avg 688.3k
Citywide · Winnipeg
#11,299 / 194,458
Top 6% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 22%Same areaTop 5%CitywideTop 4%

Lot Size

above average
6,175 sqft
0255075100
Same streetBottom 49%Same areaTop 34%CitywideTop 27%

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

66 Springwater Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 273 m), 2 healthcare (nearest 260 m), 3 shopping (nearest 143 m).

Search radius
🍽️Dining3
🏥Healthcare2
🛒Shopping3
🏦Finance2
Fuel Stations1
Worship2

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 11/2023CA$650k–700k
Sold price

Same street

Top 38%

Same area

Top 21%

City-wide

Top 4%

Related homes

Highlights & common questions: 66 Springwater Road, Winnipeg

Property Overview: 66 Springwater Road, Bridgwater Lakes

Key Characteristics & Buyer Appeal

This 2019-built, two-storey home in the popular Bridgwater Lakes neighbourhood offers modern living with established community roots. Its key appeal lies in a balance of space, age, and location. With a generous 6,175 sqft lot and 2,351 sqft of living area, the home ranks above average in size for its street and notably high within Winnipeg overall. As a newer build (just 7 years old), it ranks in the top 5% of the neighbourhood for year built, suggesting modern construction standards and less immediate need for major updates. The home features an attached garage and a basement (not renovated), providing a solid foundation for future customization.

The property suits buyers seeking a move-in ready, contemporary home in a master-planned community, who also value the potential to add personal touches over time. Its strong rankings for size and newness city-wide offer a compelling value proposition. A thoughtful perspective is that while the assessed value is modest relative to the recent sale price, this can indicate property tax savings compared to newer assessments, and the unrenovated basement presents a clear, cost-effective opportunity to increase both living space and future value according to one's own taste and budget.

Frequently Asked Questions

1. How does the lot size compare to others in the area?
At 6,175 sqft, the lot is larger than 49% of properties on Springwater Road and falls within the top third for lot size in the Bridgwater Lakes neighbourhood, offering ample outdoor space for a newer community.

2. Is this a good value for the neighbourhood?
The home last sold in late 2023 for $680,000, a price that was better than 67% of neighbourhood sales, placing it in the upper third. Its newer build date (top 5% in the area) and above-average living space support this positioning.

3. What does the "basement, not renovated" condition imply?
It means the basement is functional and included in the living area square footage, but is in a basic, builder-grade state. This is a positive for buyers wanting to finish the space to their own specifications without first undoing someone else's renovations.

4. How do the property taxes likely compare?
With an assessed value of $63,800, which is lower than the recent sale price, the current property taxes are based on that lower assessment. A future assessment may increase, but for now, taxes may be relatively favourable.

5. What is the context of the provided "rankings"?
The rankings (e.g., "Top 34%") are comparative metrics for this specific property against all others on its street, in its neighbourhood, and across Winnipeg. They quickly show how it measures up in key categories like 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.