161 Park West Drive

Bridgwater Centre, Winnipeg

Property score

79.4

Good

Overall 79.4 · Compared with neighbourhood average

1,537 sqft (top 41%) · Built in 2016

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, 3 shops, and 2 bank/ATMs nearby

Living Area

Near average

4% smaller 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

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Property score

79.4 is composed by the two sections below.

Property Score

77.3Good
Living Area79
1,537 sqftGood
Year Built97
2016Excellent
Lot Size38
3,092 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
1,537 sqft
0255075100
Same streetTop 46%Same areaTop 41%CitywideTop 28%
Same street · Park West Drive
#60 / 131
Top 46% · Avg 1,612 sqft
Same area · Bridgwater Centre
#83 / 204
Top 41% · Avg 1,600 sqft
Citywide · Winnipeg
#55,099 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
435k
0255075100
Same streetBottom 36%Same areaBottom 43%CitywideTop 31%
Same street · Park West Drive
#84 / 131
Bottom 36% · Avg 452.7k
Same area · Bridgwater Centre
#116 / 204
Bottom 43% · Avg 447.1k
Citywide · Winnipeg
#60,386 / 194,458
Top 31% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetTop 31%Same areaTop 39%CitywideTop 6%

Lot Size

around average
3,092 sqft
0255075100
Same streetBottom 38%Same areaBottom 48%CitywideBottom 14%

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

161 Park West Drive — 11 amenities found within 500 m, across 5 categories, including 3 dining (nearest 171 m), 2 healthcare (nearest 266 m), 3 shopping (nearest 189 m).

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

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 7/2016CA$300k–350k
Sold price

Same street

Bottom 11%

Same area

Bottom 9%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 161 Park West Drive, Winnipeg

Property Overview & Key Characteristics

This two-storey home at 161 Park West Drive is a well-established property in the popular Bridgwater Centre neighbourhood. Built in 2016, it offers a modern foundation with a decade of community maturity. The home features 1,537 sqft of living space on a generous 3,092 sqft lot, with a detached garage and an unfinished basement. Its appeal lies in a balanced position within the market: it sits on a larger-than-average lot for the street and is newer than most homes in Winnipeg, yet its living area and assessed value are comfortably mid-range for the immediate area. This creates an opportunity for buyers seeking a settled, modern community without the premium price of a brand-new build.

The property would suit first-time buyers or young families looking for a move-in-ready home in a planned community with established amenities. It also appeals to the practical buyer who sees value in the unfinished basement, as it provides a blank canvas for future expansion or customization without the initial cost being baked into the purchase price. A less obvious perspective is its potential for long-term value; being newer than 93% of Winnipeg homes means major components like the roof, windows, and mechanicals have many years of service remaining, offering a decade of relative cost predictability.

Frequently Asked Questions

1. How does this home compare to others on the street?
It ranks in the top third for lot size, offering more outdoor space than many neighbours. However, its living area is near the median for Park West Drive, indicating it's a typical home for the street in terms of interior space.

2. Is the unfinished basement a drawback?
Not necessarily. For many buyers, it's a benefit. It means you can finish it to your own taste and needs, and the initial purchase price likely reflects its unfinished state. It also allows you to address any potential moisture or insulation issues on your own terms from the start.

3. The assessed value seems low. What does that indicate?
The assessed value of $43,500 is for municipal tax purposes and is not a market valuation. It ranks in the lower third for the street but in the top third for Winnipeg, reflecting Bridgwater Centre's relatively newer property base. The sale price will be determined by the current market.

4. What does the neighbourhood ranking tell me?
The home ranks in the top half of Bridgwater Centre for lot size, but in the bottom quarter for year built (meaning it's older than many in this specific, newer neighbourhood). This suggests you're in a mature part of the community where landscaping and streetscapes are more established.

5. Are there any concerns from the last sale data?
The home last sold in July 2016. The data shows it sold near the bottom of the price range for the street at that time, which is typical for a brand-new home purchase from a builder. This historical data point is not indicative of the home's current condition or value, but simply reflects its initial sale price a decade ago.