Property score
87.8
Excellent
Overall 87.8 · Larger than most nearby homes
2,294 sqft (top 30%) · Built in 2013 (2 yrs older than avg)
Located in a high-income area with median household income of ~103k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
14% larger than neighborhood avg.
Year Built
Below average
2 yrs older 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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87.8 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
7 Red Spruce Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 94 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 | Top 33% | Top 29% | Top 5% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 28% | Bottom 29% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Red Spruce Road, Bridgwater Lakes
Key Characteristics & Appeal
This well-presented two-storey home in the popular Bridgwater Lakes community offers a blend of modern living and established comfort. Built in 2013, it sits on a generous 5,668 sqft lot and features 2,294 sqft of living space, a renovated basement, and an attached garage. Its appeal lies in its strong positional metrics: while the home itself is newer than most in Winnipeg (top 10%), its true value is in its above-average living space and assessed value compared to immediate neighbours and the wider city. It ranks in the top 30% of its neighbourhood for both size and official valuation, suggesting a property that stands out in its local context. The sales history shows steady value growth, with the last sale in 2021.
This home would suit buyers looking for a move-in ready property in a family-oriented, modern suburb, particularly those who value space and a renovated basement for flexible living. It’s a solid choice for someone seeking a home that performs well on key metrics within its own community, rather than just a new build. A thoughtful perspective is that this property represents a "established newcomer" in the area—past the brand-new stage but with ample modern life left, and now with the added benefit of matured landscaping and settled neighbourhood dynamics.
Frequently Asked Questions
1. How does the lot size compare to others on the street?
At 5,668 sqft, the land area is better than 45% of properties on Red Spruce Road, placing it in the top half for lot size on the street.
2. Has the property’s value increased over time?
Yes. Public sales data shows it sold for $49.5k in 2016 and $64.4k in 2021, demonstrating appreciation. The current assessed value is $68.90k.
3. Is the home newer or older than most in Winnipeg?
It is notably newer than most. Built in 2013, it is newer than 90% of properties in Winnipeg, ranking in the top 10% for year built city-wide.
4. What does the "renovated basement" include?
The provided details confirm the basement is renovated but do not specify the finishes or layout. This would be a key point to clarify with the listing agent or during a viewing.
5. How does the living space compare to nearby homes?
The 2,294 sqft of living area is larger than approximately 70% of homes in both the Bridgwater Lakes neighbourhood and on its own street, indicating a spacious interior relative to its immediate surroundings.
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