Property score
83.0
Excellent
Overall 83.0 · Larger than most nearby homes
1,810 sqft (top 2%) · Built in 2016
Located in a high-income area with median household income of ~103k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 40%Chinese · 21%
Past 10 years Bridgwater Centre sales snapshot (~80% of all data)
189
510k
$289/sqft
2016
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83.0 is composed by the two sections below.
Property Score
Community Score
Bridgwater Centre
How to read: Share of sales in each ~$50k price band for “bridgwater centre” (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
116 Park West Drive — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 145 m), 2 healthcare (nearest 225 m), 3 shopping (nearest 92 m).
Bridgwater Centre · WPS public data · 2026
Annual incidents
12
2026
vs. city avg
-59%
relative to avg
Year-over-year
▼ -89%
vs. prior year
Primary type
Property
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Bottom 32% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 116 Park West Drive
This two-storey home in Bridgwater Centre presents a compelling blend of modern living and established value. Built in 2016, it offers the benefits of a newer build without the initial settling-in period. The home features a renovated basement and an attached garage, situated on a lot that is larger than most in the immediate area. Its living space of 1,810 sq ft ranks exceptionally high, placing it among the top 3% of homes on its street for size. The property’s current assessed value is strong relative to its neighbourhood and the wider Winnipeg market, suggesting a well-maintained asset in a desirable location.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance of space, modernity, and location. As a 10-year-old home in the planned community of Bridgwater Centre, it offers contemporary layouts and construction standards while being past the stage of brand-new development quirks. The renovated basement adds immediate functional living space or rental potential. Its standout characteristic is the generous living area, which is notably larger than comparable homes nearby, providing rare interior volume for its cohort.
This home would suit a young family seeking move-in-ready space in a community-oriented neighbourhood, or a value-conscious buyer looking for a modern property that has already seen key upgrades. The strong rankings in lot size and living area within its street and neighbourhood indicate it’s a "best-in-class" option for the area, rather than just another similar listing. A less obvious perspective is its appeal to a data-driven buyer: the metrics show a property that outperforms most local benchmarks for space, which is a tangible, lasting advantage over cosmetic features.
Frequently Asked Questions
1. What is the significance of the property’s high rankings for lot and living area?
These rankings, especially being in the top 3% on its street for living space, mean you are getting more physical space—both indoors and on the lot—than the vast majority of direct neighbours. This often translates to better room sizes, more privacy, and a stronger foundation for future value.
2. The home sold in 2017 for less than its current assessed value. What does this indicate?
This is typical for a home purchased new from a builder in 2016 and then resold shortly after. The 2017 sale likely represented the first re-sale value. The increase to the current assessed value reflects the added value of the renovated basement, general market appreciation, and the establishment of the community over the past several years.
3. What is the Bridgwater Centre neighbourhood like?
Bridgwater Centre is a master-planned community in Winnipeg known for its newer homes, parks, pathways, and community-focused amenities. It’s designed with walkability and modern family living in mind, often attracting buyers looking for a contemporary suburban lifestyle.
4. Does the "renovated basement" mean it’s a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should confirm with the listing agent or city records whether the renovation included proper permits and if it meets code for a potential rental suite, as this significantly impacts value and utility.
5. How does the assessed value compare to the likely listing price?
Assessed value is for municipal tax purposes and is a historical snapshot. It’s a useful benchmark showing the property is valued highly relative to the area, but the final market price is determined by current market conditions, the home’s specific condition, and buyer demand. It serves as a strong indicator of the home’s standing rather than a direct price prediction.
