Property score
89.2
Excellent
Overall 89.2 · Newer than most nearby homes
2,254 sqft (top 33%) · 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
Near average
12% 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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89.2 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
74 Springwater Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 262 m), 2 healthcare (nearest 271 m), 3 shopping (nearest 157 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 44% | Top 39% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 2019 two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle on a generous lot. Its key appeal lies in being a relatively new build (just 7 years old) that ranks in the top tier for newness and value compared to most of Winnipeg. The home features a renovated basement and an attached garage, situated on a quiet street where it offers more land area than over half of its neighbors.
The property is particularly well-suited for young professionals, growing families, or downsizers seeking a contemporary home in a sought-after community without the wait of new construction. It balances space (over 2,250 sqft of living area) with a manageable yard. A thoughtful perspective is its strong ranking in assessed value within Winnipeg (top 4%), which suggests a solid municipal valuation foundation relative to the market. However, the 2019 sale price was below the current assessed value and ranks lower on its street, indicating potential for buyer negotiation or a unique value proposition compared to immediate neighbors.
Frequently Asked Questions
1. How does the lot size compare to the area?
At 6,586 sqft, the lot is larger than 58% of properties on Springwater Road, offering above-average outdoor space for the immediate street.
2. Is the home in a newer area of Bridgwater Lakes?
Yes. Built in 2019, it is newer than 95% of homes in the wider Bridgwater Lakes neighbourhood, meaning major components like roofing, siding, and HVAC are likely under warranty or in early life.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify finishes or layout. This would require clarification from the seller or a viewing to understand the quality and scope of the renovation.
4. How does the assessed value compare to the last sale price?
The 2024 assessed value is $67,200, which is approximately 11% higher than its December 2019 sale price of $60,400. This increase reflects market changes and improvements, but the final sale price is always determined by the current market.
5. Are comparable homes nearby?
The listing shows a directly comparable neighbor at 38 Springwater Road (built 2018, larger living area, higher assessed value). Several other nearby properties on the same street are listed for reference, providing a clear picture of the immediate micro-market.
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