181 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 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 2 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
3,306 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
409k
0255075100
Same streetBottom 11%Same areaBottom 18%CitywideTop 36%
Same street · Park West Drive
#117 / 131
Bottom 11% · Avg 452.7k
Same area · Bridgwater Centre
#168 / 204
Bottom 18% · Avg 447.1k
Citywide · Winnipeg
#70,353 / 194,458
Top 36% · Avg 390.1k

Year Built

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

Lot Size

above average
3,306 sqft
0255075100
Same streetTop 9%Same areaTop 8%CitywideBottom 17%

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

181 Park West Drive — 10 amenities found within 500 m, across 5 categories, including 2 dining (nearest 203 m), 2 healthcare (nearest 299 m), 3 shopping (nearest 222 m).

Search radius
🍽️Dining2
🏥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 10/2020CA$350k–400k
Sold price

Same street

Bottom 21%

Same area

Bottom 20%

City-wide

Top 44%
Sold 11/2016CA$300k–350k
Sold price

Same street

Bottom 9%

Same area

Bottom 7%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 181 Park West Drive, Winnipeg

Property Overview: 181 Park West Drive, Bridgwater Centre

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2016, presents a practical opportunity in the popular Bridgwater Centre neighbourhood. Its key appeal lies in a balanced combination of modern age and a larger-than-average lot. With 1,537 sqft of living space on a 3,306 sqft lot, the property sits on land that ranks in the top 8% for size within its immediate neighbourhood, offering valuable outdoor space for a family or gardener. The home is newer than most in Winnipeg (top 7%), meaning major components like roofing, windows, and HVAC are likely still within their expected lifespan, offering a measure of move-in readiness and near-term predictability.

The home would suit first-time buyers or downsizers seeking a modern, low-maintenance community without a premium price tag, as well as value-focused buyers who prioritize land size. Its assessed value is notably higher than its last sale price in 2020, which may indicate room for equity growth, especially if the unfinished basement is developed. A thoughtful perspective is that while the home lacks a garage, the large lot provides clear potential to add one, a valuable future project not always possible on smaller parcels in newer communities.

Section 2: Frequently Asked Questions

1. What does the "unfinished basement" condition mean?
The basement is structurally complete but not developed into living space. It provides ample storage and represents a significant opportunity to add customized square footage, such as a recreation room or additional bedrooms, to suit a buyer's needs and budget.

2. How does the lack of a garage impact daily living?
The property does not include a garage. This means relying on driveway parking and on-street permits for additional vehicles. The large lot size, however, is a key asset that could make adding a garage or carport a feasible future project, subject to local bylaws.

3. The assessed value is higher than the 2020 sale price. What does this suggest?
The current assessed value of $40,900 is significantly above the 2020 sale price of $36,000. This typically reflects municipal assessment increases and may suggest the property has appreciated in value. It's a useful data point for buyers, but the final market price is determined by current supply, demand, and the home's condition.

4. How does this home compare to others on the street and in Bridgwater Centre?
The data shows a mix: the lot size is in the top tier for the street and area, but the living area is about average. The home is newer than many in Winnipeg but is around the median age for its own newer neighbourhood. This positions it as a solid, middle-ground property within a desirable community.

5. What are the immediate next steps for a new owner?
Beyond personal decor updates, the primary considerations would be planning for the basement's potential development and evaluating the cost/benefit of adding a garage or shed for storage, given the generous lot size. Ensuring proper drainage and landscaping to utilize the outdoor space fully would also be a early priority.