67 Red Spruce Road

Bridgwater Lakes, Winnipeg

Property score

88.9

Excellent

Overall 88.9 · Larger and newer than most nearby homes

2,350 sqft (top 25%) · Built in 2016 (1 yr newer than avg)

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

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

16% larger than neighborhood avg.

Year Built

Above average

1 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 Area2,350 sqft96Excellent
Year Built201697Excellent
Lot Size6,165 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
2,350 sqft
0255075100
Same streetTop 17%Same areaTop 25%CitywideTop 4%
Same street · Red Spruce Road
#12 / 69
Top 17% · Avg 1,952 sqft
Same area · Bridgwater Lakes
#298 / 1,191
Top 25% · Avg 2,018 sqft
Citywide · Winnipeg
#8,330 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
707k
0255075100
Same streetTop 16%Same areaTop 25%CitywideTop 4%
Same street · Red Spruce Road
#11 / 69
Top 16% · Avg 629.4k
Same area · Bridgwater Lakes
#298 / 1,191
Top 25% · Avg 688.3k
Citywide · Winnipeg
#7,225 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetTop 13%Same areaTop 28%CitywideTop 6%

Lot Size

above average
6,165 sqft
0255075100
Same streetTop 29%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

67 Red Spruce Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 118 m).

Search radius
🌳Parks2

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 7/2024CA$750k–800k
Sold price

Same street

Top 13%

Same area

Top 13%

City-wide

Top 2%
Sold 5/2021CA$600k–650k
Sold price

Same street

Top 38%

Same area

Top 39%

City-wide

Top 7%
Sold 4/2017CA$500k–550k
Sold price

Same street

Bottom 46%

Same area

Bottom 43%

City-wide

Top 12%
Sold 4/2016CA$450k–500k
Sold price

Same street

Bottom 10%

Same area

Bottom 18%

City-wide

Top 21%

Related homes

Highlights & common questions: 67 Red Spruce Road, Winnipeg

Property Overview & Key Characteristics

This two-storey home in Bridgwater Lakes, built in 2016, presents a compelling blend of modern living and established value. Its primary appeal lies in its strong, above-average positioning across nearly every metric for the area. With 2,350 sqft of living space and a renovated basement, the home offers ample room for a growing family. The lot size is generous, ranking better than 71% of others on the street.

The data reveals a consistent trajectory. The home's assessed value and recent sold price rank in the top 3-4% citywide, indicating official and market recognition of its worth. A key, less obvious point is its relative newness in a mature neighbourhood; being newer than 93% of Winnipeg homes means modern construction standards and minimal near-term repair concerns, while the established community offers settled green spaces and amenities.

This property would suit buyers looking for a move-in ready, modern family home in a desirable suburban community, who also value a strong investment profile. It’s particularly suited for those who appreciate data-backed evidence of a home’s standing within its micro-market, from the street level right up to the city scale.

Frequently Asked Questions

Q: How does the lot size compare practically?
A: At over 6,000 sqft, the lot is significantly larger than most on the street and in the neighbourhood, offering more private outdoor space—a valuable and less common feature in newer subdivisions.

Q: The sold price history shows a big jump between 2021 and 2024. Is that typical?
A: While the broader market saw increases, this home's value grew at a notably faster rate than most in its immediate area during that period, suggesting specific upgrades (like the basement renovation) or desirable attributes caught the market's attention.

Q: What does the "renovated basement" likely include?
A: The listing specifies it is renovated, which in a 2016 home typically means a finished lower level with proper insulation, drywall, flooring, and likely added living space such as a recreation room or additional bedrooms.

Q: The home ranks highly for its assessed value. What does that mean for taxes?
A: A high assessed value is a double-edged sword. It confirms the property's official valuation is strong, but it also means your property tax bill will be calculated on that higher value, so taxes will likely be above the city average.

Q: Are the comparable "similar assessed value" properties good indicators of this home's worth?
A: They are useful for tax assessment comparisons, but not for market value. Those listed are in different neighbourhoods across Winnipeg, highlighting that while their official tax value is identical, their actual market prices can vary widely based on location and condition.

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