76 Clear Spring Road

Property Overview: 76 Clear Spring Road, Bridgwater Lakes

Key Characteristics, Appeal & Ideal Buyer

This 12-year-old two-storey home in Bridgwater Lakes sits on an exceptionally large, private lot (over 18,800 sq ft), ranking it among the top 6% of properties on its street for land size. With nearly 2,900 sq ft of living space, it offers ample room and ranks in the top 3% of its neighbourhood for size. A key feature is its renovated basement, adding valuable finished space. The home’s strong and consistent value growth is notable, with its latest sale price and current assessed value both placing it in the top tier (often the top 1-3%) for the neighbourhood and city-wide, indicating a well-maintained and desirable property.

The appeal lies in a combination of space, established prestige, and a mature setting within a newer community. Unlike many newer subdivisions, the lot provides rare privacy and outdoor potential. It suits buyers looking for a move-in ready, sizable family home in a sought-after area who value both indoor square footage and generous outdoor space. It would particularly fit growing or multi-generational families, or professionals seeking a premium property that has already demonstrated significant value appreciation in a stable, high-ranking community.

Frequently Asked Questions

1. How does the lot size compare to typical properties in Winnipeg?
The lot of 18,867 sq ft is exceptionally large, placing it in the top 2% of all residential properties in Winnipeg. It offers a level of outdoor privacy and space that is uncommon in modern subdivisions.

2. What does the history of sold prices indicate about the property's value?
The data shows steady, significant appreciation. It sold for $925k in 2016 and $1,425k in 2025. This trajectory, coupled with an assessed value that aligns with the latest sale price, suggests a stable and strong market perception.

3. Is the neighbourhood established, and what are the neighbours like?
Built in 2014, the home is in a mature phase of Bridgwater Lakes. The provided comparisons show nearby homes of similar age and style, indicating a consistent, well-established streetscape rather than ongoing construction.

4. The assessed value is $1.37M. Is this home likely to have high property taxes?
While the assessed value is in the top tier for the city, property taxes are specific to the municipal mill rate. Buyers should budget for taxes commensurate with a premium, high-value home in Winnipeg.

5. How does this home rank for its year built compared to others?
While newer than 91% of homes in Winnipeg, it is closer to the average for its specific street and neighbourhood, meaning it fits seamlessly within an area of similarly aged, modern properties rather than standing out as the newest.