131 Park East Drive

Bridgwater Centre, Winnipeg

Property score

81.9

Excellent

Overall 81.9 · Larger than most nearby homes

1,730 sqft (top 17%) · Built in 2016

Located in a high-income area with median household income of ~103k

Transit 94.0 · 1-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

8% 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)

Sold Count

189

Median price

510k

$/sqft

$289/sqft

Avg build year

2016

Need help understanding this property?

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

Property score

81.9 is composed by the two sections below.

Property Score

81.5Excellent
Living Area86
1,730 sqftExcellent
Year Built97
2016Excellent
Lot Size38
3,173 sqftLow
Neighbourhood Sales Activity96
Excellent

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257

Community deep dive

$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

Population, labour & age

Population (2021)11,365
Labour force participation rate77%
Median age30.4
Avg household size3.1
Unemployment rate8%
Population density1696 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households13%
Couple families with children44%
Median household income (2020)$103K

Housing

Renter households21%
Condominium dwellings14%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority69%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 39%
Mother tongue (2nd)Chinese · 20%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,730 sqft
0255075100
Same streetTop 18%Same areaTop 17%CitywideTop 20%
Same street · Park East Drive
#13 / 73
Top 18% · Avg 1,578 sqft
Same area · Bridgwater Centre
#35 / 204
Top 17% · Avg 1,600 sqft
Citywide · Winnipeg
#38,367 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
467k
0255075100
Same streetTop 21%Same areaTop 30%CitywideTop 25%
Same street · Park East Drive
#15 / 73
Top 21% · Avg 437k
Same area · Bridgwater Centre
#62 / 204
Top 30% · Avg 447.1k
Citywide · Winnipeg
#49,403 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetBottom 47%Same areaTop 39%CitywideTop 6%

Lot Size

around average
3,173 sqft
0255075100
Same streetTop 32%Same areaTop 35%CitywideBottom 15%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

131 Park East Drive — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 254 m), 2 healthcare (nearest 296 m), 3 shopping (nearest 381 m).

Search radius
🍽️Dining3
🏥Healthcare2
🛒Shopping3
🏦Finance2
Fuel Stations1
Worship1

Crime & Safety

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%

Sales History

Sold 6/2016CA$350k–400k
Sold price

Same street

Bottom 13%

Same area

Bottom 18%

City-wide

Top 45%

Related homes

Highlights & common questions: 131 Park East Drive, Winnipeg

Property Overview & Appeal

This two-storey home in Bridgwater Centre, built in 2016, presents a balanced offering for modern suburban living. Its key characteristics include a renovated basement, an attached garage, and a living area of 1,730 sqft on a 3,173 sqft lot. The home’s appeal lies in its established yet relatively new construction within a sought-after neighbourhood, offering a move-in-ready condition without the uncertainties of a brand-new build.

The data suggests a property that sits comfortably above average for its immediate area in several metrics. It ranks in the top third of its street for lot size and is notably newer than 85% of homes on the same street. Inside, its living space is among the top 8% on the street for size. This combination of a well-sized interior on a generous lot, with updates already in place, reduces the immediate "to-do" list for a buyer.

This home would suit a young family or professional couple looking for a established home in a modern community. It’s ideal for those who value space and a renovated basement for flexibility—be it a home office, gym, or entertainment area—but want to avoid a major project. The strong rankings in lot and living area size indicate more room than typical for the area, offering good value for those prioritizing space over a brand-new build.

A thoughtful perspective: while newer homes often command attention, this 10-year-old property represents a "sweet spot" where initial teething problems of a new build are likely resolved, and meaningful upgrades like the basement renovation are already completed, offering a blend of modern design and settled reliability.


Frequently Asked Questions

1. How does this home compare to others in Bridgwater Centre?
The home ranks highly within its specific neighbourhood for lot size (top 35%) and is newer than 76% of area homes. Its living area is particularly spacious, falling within the top 7% of Bridgwater Centre.

2. What does the assessed value indicate?
The assessed value of $46,700k is above average for the street (top 17%) and neighbourhood (top 18%). This typically reflects the property’s above-average lot and living space, along with the renovated condition, as perceived for municipal tax purposes.

3. The home was last sold in 2016. What does this mean?
The home was purchased new from the builder a decade ago. This long-term ownership can be a positive sign of a well-maintained property and a stable history, with the current renovations likely made by the same owners.

4. Is the lot size a significant feature?
Yes. At 3,173 sqft, the lot is larger than 68% of those on its street. In newer communities like Bridgwater Centre where lots can be compact, this provides valuable extra outdoor space for gardening, play, or entertaining.

5. Who might this property not suit?
It may not suit buyers seeking a brand-new, never-lived-in home with the latest builder warranties, or those looking for a smaller, lower-maintenance property like a bungalow or condo. The price point, suggested by its assessed value ranking, is likely geared toward those with a firm suburban family-living budget.