Property score
84.2
Excellent
Overall 84.2 · Larger but older than most nearby homes
1,562 sqft (top 6%) · Built in 2018 (2 yrs older than avg)
Located in a high-income area with median household income of ~103k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 1 shop, and 1 sports facility nearby
Living Area
Above average
50% larger than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 40%Chinese · 21%
Past 10 years Bridgwater Centre sales snapshot (~80% of all data)
250
246.4k
$342/sqft
2020
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84.2 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” (Condos, 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 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
159 Park East Drive — 8 amenities found within 500 m, across 5 categories, including 3 dining (nearest 378 m), 2 healthcare (nearest 424 m), 1 shopping (nearest 498 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 6% | Top 4% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 159 Park East Drive, Bridgwater Centre
Section 1: Overview & Appeal
This 2018-built home in the popular Bridgwater Centre neighbourhood offers modern living with a recently renovated basement. Its key appeal lies in its strong standing within a newer community; it ranks in the top 1% of properties on its street and within the top tier of both the neighbourhood and all of Winnipeg for desirability. With 1,562 sqft of living space, it provides ample room for a growing household or those seeking a comfortable, low-maintenance home.
The property suits first-time buyers or young families looking for a move-in ready home in a well-regarded, contemporary area. Its recent sale price of $493,000 significantly exceeded the assessed value, indicating strong market confidence and potential for value retention. A thoughtful perspective for buyers is to consider the "newness" of the community itself—while the home is modern, the mature landscaping and established community feel of older neighbourhoods are still developing here. The lack of a garage, noted in the details, is an important practical consideration for vehicle storage and Manitoba winters, which may appeal to those prioritizing interior space and a simpler footprint.
Section 2: Key Questions (FAQs)
1. How does the renovated basement add value?
A finished basement immediately increases usable living space, which is attractive for recreation, home offices, or guest areas. It also suggests the major work of finishing the lower level is already complete, a significant convenience.
2. The home ranks very high for its street and area—what does this mean?
These percentile rankings (e.g., top 1% on the street) are typically based on a combination of assessed value, living area, and property desirability. It indicates this is one of the more premium properties in its immediate vicinity, which can be positive for long-term value.
3. Why was the recent sale price higher than the assessed value?
Assessed value is for municipal tax purposes and often lags behind the current market. The higher sale price reflects what buyers were recently willing to pay in the open market, often driven by factors like condition, updates, and demand in the area.
4. What should I know about the "no garage" feature?
This means you’ll need to rely on driveway parking or explore adding a structure, if permitted. It’s a trade-off that keeps the property more affordable upfront but requires planning for vehicle protection and storage needs.
5. The home is 8 years old—what does that imply for maintenance?
Built in 2018, it’s past the initial builder warranty period but is still a relatively new home. Major components like the roof, furnace, and appliances are likely still in good condition, but the first cycle of maintenance and potential updates (like painting or flooring wear) may be due for consideration.
