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 94.0 · 2-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
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
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
123 Park East Drive — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 241 m), 2 healthcare (nearest 281 m), 3 shopping (nearest 369 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 | Top 2% | Top 1% | Top 13% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 38% | Top 37% | Top 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 44% | Top 43% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
123 Park East Drive is a modern two-storey home in Winnipeg's Bridgwater Centre, built in 2016. Its primary appeal lies in a combination of above-average space, a recent renovation, and strong value metrics within a newer community. With 1,810 sqft of living area, it ranks in the top 1% of homes in the neighbourhood for size, offering more interior room than most comparable properties. The home features an attached garage and a renovated basement, adding functional living space. Key data points highlight its standing: it sits in the top 15% of homes in Winnipeg for year built (newer construction), the top 85% for living area (larger), and the top 17% for assessed value. A steady history of sold price appreciation, from $41.8k in 2016 to $52.5k in 2022, suggests a well-maintained asset in a stable area.
This home would suit buyers looking for a move-in ready property in a developing area without the premium of a brand-new build. It's ideal for small families or professionals who prioritize interior space and modern amenities. A thoughtful perspective is that while the lot size is average for the street, the significant interior square footage and renovation offer a "larger home" feel on a standard plot—a smart efficiency for those valuing indoor living space over extensive yard maintenance. Its consistent value growth also makes it a sensible choice for a buyer viewing the purchase as a long-term home with a stable financial footing.
Frequently Asked Questions
1. How does the property's value compare to its neighbours?
The home's assessed value of $50.40k places it in the top 6% on its street and in the Bridgwater Centre neighbourhood, indicating it is valued higher than the vast majority of nearby properties, likely due to its size, renovation, and condition.
2. Is the home significantly larger than others in the area?
Yes. With 1,810 sqft of living area, it ranks in the top 1% within Bridgwater Centre and is the largest on its street (top 100%), offering notably more interior space than typical homes in the community.
3. What does the sale history tell us about the property?
The home has sold three times since 2016, with each sale price higher than the last ($41.8k → $43.4k → $52.5k). This pattern demonstrates consistent appreciation and suggests the home has been a reliable asset in its market.
4. The home was built in 2016. What are the less obvious implications of this?
A 2016 build means major components like the roof, HVAC, and appliances are likely still within their expected lifespan, minimizing immediate major replacement costs. However, it also means the home is just old enough that any original builder-grade items may soon need upgrading, though the renovated basement may address some of this.
5. How does the lot size impact this property?
The land area of 3,173 sqft is above average for the street (top 68%), but not exceptionally so. This means you get a good-sized yard for the area, but the home's standout feature is its interior volume, not its outdoor space. It's a balanced offering for those who want some outdoor area without the upkeep of a very large lot.
