Property score
90.1
Excellent
Overall 90.1 · Larger and newer than most nearby homes
2,359 sqft (top 23%) · Built in 2018 (3 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
Above average
17% larger than neighborhood avg.
Year Built
Above average
3 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
90.1 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
88 Springwater Road — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 254 m), 2 healthcare (nearest 303 m), 3 shopping (nearest 199 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 24% | Top 14% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This 2018-built two-storey home in Bridgwater Lakes offers a modern, low-maintenance foundation in a sought-after neighbourhood. Its key appeal lies in a balanced combination of space, location, and recent construction. With a generous 2,359 sqft of living area and a large 9,621 sqft lot, it provides ample room for family life and outdoor enjoyment. The home’s standout characteristic is its strong positional value within Winnipeg, ranking in the top 7% of the city for lot size and top 4% for living area, suggesting it offers more space than most comparable properties.
The home suits buyers looking for a move-in ready, modern property without the immediate need for major renovations. It’s particularly well-matched for growing families or professionals who value the established, community feel of Bridgwater Lakes and appreciate a home that is newer than approximately 95% of properties in Winnipeg. A thoughtful perspective is that while the basement is unfinished, this presents a straightforward opportunity for future customization to increase living space and value, rather than dealing with someone else’s potentially dated renovations.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
The property’s lot of 9,621 sqft is notably large, ranking better than 95% of homes on Springwater Road and 89% within the wider Bridgwater Lakes neighbourhood. This is a significant asset for privacy, outdoor activities, or future landscaping projects.
2. The assessed value is $650k, but it sold for $743k in late 2024. Why the difference?
This is common and reflects market dynamics. The assessed value is for municipal tax purposes and often lags behind the current market. The recent sale price is a clearer indicator of the home’s actual market value, demonstrating strong buyer demand for well-located, modern homes in this area.
3. What does the "Top X%" ranking for the year built mean?
Built in 2018, this home is newer than 95% of all properties in Winnipeg, placing it in the top 5% for age. This suggests lower immediate costs for major component replacements (like roof, HVAC) compared to an older home, and it likely meets current building codes and energy efficiency standards.
4. Is the unfinished basement a drawback?
Not necessarily. While it requires an investment to finish, an untouched basement offers a blank canvas. Buyers can customize the space to their exact needs—whether a recreation room, home office, or additional bedroom—without the cost or hassle of first undoing a previous owner’s renovation choices.
5. How does this property fit within the immediate street and community?
The data shows a mix: while it excels in lot and living space size on its street, its assessed value is more middle-of-the-pack there. This indicates you are getting a home with above-average physical attributes on Springwater Road, but at a price point that is consistent with the street’s overall valuation.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
