Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Park East Drive): Around Average. Ranked #41 out of 160 (Top 26%). The street average for comparable homes is 1,069 sqft.
Neighborhood Level (Bridgwater Centre): Above Average. Ranked #69 out of 380 (Top 18%). The neighborhood average for comparable homes is 1,044 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #5,761 out of 26,841 (Top 21%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Park East Drive): Around Average. Ranked #69 out of 160 (Top 43%). The street average for comparable homes is 354.7k.
Neighborhood Level (Bridgwater Centre): Around Average. Ranked #122 out of 380 (Top 32%). The neighborhood average for comparable homes is 340.1k.
Citywide Level (Winnipeg): Above Average. Ranked #5,131 out of 26,841 (Top 19%). The citywide average for comparable homes is 276.9k.
Street Level (Park East Drive): Below Average. Ranked #85 out of 160 (Bottom 47%). The street average for comparable homes is 2019.
Neighborhood Level (Bridgwater Centre): Below Average. Ranked #289 out of 380 (Bottom 24%). The neighborhood average for comparable homes is 2020.
Citywide Level (Winnipeg): Above Average. Ranked #2,121 out of 26,841 (Top 8%). The citywide average for comparable homes is 1990.
Bridgwater Centre market pulse
How to read: Share of sales in each ~$50k price band for “bridgwater centre” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
131-325 Park East Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 205 m).
Crime & safety
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Related homes
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Similar assessed value
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Is this home right for you?
Property Overview
This 2018-built home in Bridgwater Centre is a modern, low-maintenance property that has seen steady market activity. Its appeal lies in its contemporary age within a sought-after neighbourhood, offering a turn-key solution. The home is suited for first-time buyers seeking a modern entry point, downsizers looking for a newer property without the upkeep of a large house or yard, or investors attracted by the consistent transaction history and rental demand in the area.
A key characteristic is its strong positional ranking within the immediate street and broader Bridgwater Centre, suggesting a well-regarded location within the community. While the living space is efficient, the newness of the build means major components are under warranty and modern in design. The recent sale history indicates a stable, liquid market for this type of property. It’s a practical choice for those prioritizing location and modern construction over square footage, with the understanding that it represents a competitive segment of the Winnipeg market.
Frequently Asked Questions
1. What does the "Top 1%" street ranking actually mean?
This indicates the property's land area is larger than 99% of other lots on Park East Drive. In a newer community like Bridgwater Centre, this suggests a potentially better-than-average yard or footprint for the street.
2. The assessed value seems low compared to recent sale prices. Why?
Manitoba property assessments are not real-time market valuations and are often lower. The consistent sale prices in the $340k-$370k range over the past few years are a more accurate reflection of its current market value.
3. Is this a freehold or condominium property?
The listing shows "Garage: None" and "Basement: No," and it is listed among other units at the same address (e.g., 102-325, 103-325). This strongly suggests it is a condominium-style property, likely a townhome or garden home, with monthly condo fees covering exterior maintenance and common areas.
4. The home sold twice in 2024. Is that a concern?
Not necessarily. The same sale price in both February and November could indicate a failed condition or a change in the buyer's circumstances in the first transaction. It does show active interest and a clear, established market price for the property.
5. What are the less obvious considerations for a home like this?
Prospective buyers should inquire about the condominium corporation's financial health and any pending special assessments. Also, as a 2018 build, it's just beyond the typical Tarion-style new home warranty period, so a thorough inspection is wise to identify any early wear or issues that may now be the owner's responsibility.