88 Red Spruce Road

Bridgwater Lakes, Winnipeg

Property score

90.7

Excellent

Overall 90.7 · Larger than most nearby homes

2,582 sqft (top 9%) · Built in 2015

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

28% larger than neighborhood avg.

Year Built

Near average

0 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

90.7 is composed by the two sections below.

Property Score

96.1Excellent
Living Area98
2,582 sqftExcellent
Year Built94
2015Excellent
Lot Size97
10,751 sqftExcellent
Neighbourhood Sales Activity79
Good

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

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
2,582 sqft
0255075100
Same streetTop 3%Same areaTop 9%CitywideTop 2%
Same street · Red Spruce Road
#2 / 69
Top 3% · Avg 1,952 sqft
Same area · Bridgwater Lakes
#104 / 1,191
Top 9% · Avg 2,018 sqft
Citywide · Winnipeg
#4,642 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
730k
0255075100
Same streetTop 13%Same areaTop 21%CitywideTop 3%
Same street · Red Spruce Road
#9 / 69
Top 13% · Avg 629.4k
Same area · Bridgwater Lakes
#255 / 1,191
Top 21% · Avg 688.3k
Citywide · Winnipeg
#6,312 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
2015
0255075100
Same streetTop 28%Same areaTop 34%CitywideTop 7%

Lot Size

Elite
10,751 sqft
0255075100
Same streetTop 6%Same areaTop 8%CitywideTop 5%

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

88 Red Spruce Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 213 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 10/2019CA$600k–650k
Sold price

Same street

Top 36%

Same area

Top 36%

City-wide

Top 7%

Related homes

Highlights & common questions: 88 Red Spruce Road, Winnipeg

Property Overview

This two-storey home at 88 Red Spruce Road in Bridgwater Lakes is a modern, well-sized property built in 2015. Its primary appeal lies in offering substantial space and a prime location within a sought-after, newer Winnipeg suburb. The home sits on a large lot over 10,750 sqft and features 2,582 sqft of living space, a renovated basement, and an attached garage. The data suggests it ranks highly for lot size, living area, and assessed value not just on its street, but across the wider neighbourhood and city, indicating a property that stands out in its category. It would particularly suit growing families or professionals seeking a spacious, turn-key home in a contemporary community without the wait and uncertainty of new construction. A thoughtful perspective is that a home from this era offers a balance between modern building standards and established landscaping, while its strong rankings hint at a solid long-term investment within a stable area.

Frequently Asked Questions

1. How does the lot size compare to typical properties in Winnipeg?
At 10,751 sqft, the lot is significantly larger than average, ranking better than 95% of properties across Winnipeg. This provides exceptional outdoor space for a home in a newer subdivision.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify during a viewing to understand the quality and potential uses of the additional space.

3. The home last sold in 2019. Is the current assessed value in line with that sale price?
The home sold for $610,000 in October 2019. The current assessed value is listed at $730,000. This increase reflects market changes over five years, but the final sale price is always determined by the current market.

4. Who would this home be most suitable for?
Given its size, modern age, and family-friendly neighbourhood, it is ideally suited for growing or established families. Its strong rankings for space and value also make it appealing to buyers looking for a principal residence with solid investment fundamentals.

5. Are there any notable considerations from the provided data?
The data shows the 2019 sale price ranks lower (better than only 33% on its street) compared to the home's high rankings in other metrics. This likely indicates a strong appreciation in value since that purchase, but it's wise to research recent comparable sales in Bridgwater Lakes for the most current market context.