Property score
82.4
Excellent
Overall 82.4 · Smaller but newer than most nearby homes
1,459 sqft (bottom 8%) · Built in 2019 (4 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: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby
Living Area
Below average
28% smaller 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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82.4 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
86 Springwater Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 254 m), 2 healthcare (nearest 294 m), 3 shopping (nearest 187 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 42% | Top 39% | Top 7% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 8% | Bottom 22% | Top 19% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 2% | Bottom 15% | Top 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary
Key Characteristics & Appeal
This is a modern, one-storey home in the sought-after Bridgwater Lakes neighbourhood, built in 2019. Its primary appeal lies in its substantial, premium lot—at nearly 8,800 sqft, the property ranks in the top 14% for land size on its street and the top 13% in the wider neighbourhood. This offers exceptional outdoor space potential in a newer community where large lots are a diminishing commodity. The home features an attached garage and a full, unrenovated basement, providing a blank canvas for future expansion.
The property suits two main types of buyers: first, those prioritizing land size and future potential over immediate square footage, as the living area is modest for the area. Second, it appeals to value-oriented buyers seeking a "like-new" home in a top-rated Winnipeg community without the premium price of a recently built, fully finished property. A thoughtful perspective is that this home represents a strategic entry into a high-demand area, where the value is anchored more in the land and location, with the structure itself offering a modern, efficient shell for personalization over time.
Frequently Asked Questions
1. Why is the assessed value significantly lower than recent sale prices?
Municipal assessed values for tax purposes often lag behind current market values, especially in appreciating neighbourhoods. The assessed value here may not reflect recent market conditions or specific upgrades.
2. The living area is noted as modest for the neighbourhood. How does that impact value?
While the home's footprint is smaller than many nearby, the value is supported by the large, desirable lot and the modern build. It may appeal to those who prefer single-level living and value outdoor space over a larger interior.
3. What does the sale history indicate?
The home has changed hands several times since 2019 (2019, 2020, 2022), with a significant price increase between 2020 and 2022. This suggests strong market appreciation in the area during that period.
4. The basement is "not renovated." What are the implications?
This means the basement is unfinished but ready for development. It presents additional cost for finishing but also offers the opportunity to customize the space to a new owner's specifications without needing to undo previous work.
5. How does the lot size compare to nearby properties?
The lot is a key feature, ranking better than 87% of lots in Bridgwater Lakes. For reference, the directly neighbouring properties at 82 and 88 Springwater Road sit on the same large lot type, indicating this is a premium segment of the street.
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