83.3
Excellent
Property score
83.3
Excellent
Overall 83.3
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 86.0
2-min walk to transit with 4 nearby routes
Within 500m: 2 dining spots, 2 healthcare facilitys, 2 shops, and 2 bank/ATMs nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
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)
189
510k
$289/sqft
2016
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83.3 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” (Detached houses (non-condo), 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 land area, larger = better rank
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
188 Park West Drive — 9 amenities found within 500 m, across 5 categories, including 2 dining (nearest 243 m), 2 healthcare (nearest 337 m), 2 shopping (nearest 231 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 3% | Top 3% | Top 14% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 14% | Top 12% | Top 17% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 39% | Top 39% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This two-storey home in Bridgwater Centre presents a compelling mix of modern comfort and established community value. Built in 2016, it offers a renovated basement and an attached garage on a generous 4,276 sqft lot. Its key appeal lies in its strong positional metrics within a desirable newer neighbourhood; the property ranks in the top tier for lot size on its street and within the wider Bridgwater Centre area, suggesting a premium setting. With a living area of 1,730 sqft, it suits growing families or professionals seeking a turnkey home in a planned community with a fresh, contemporary feel. The steady appreciation in sold price history, from $430k in 2016 to $517k in 2023, indicates a well-maintained asset in a stable market. This home would best suit buyers prioritizing space, modern construction, and a neighbourhood with high curb appeal and peer properties, who are willing to trade a larger interior square footage for a more substantial lot.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
At 4,276 sqft, the lot ranks in the top 30% city-wide, which is notable for a 2016 build in a newer community where lots are often smaller. This offers more outdoor space than many comparable modern homes.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finish. A prospective buyer should inquire about the scope, permits, and the nature of the renovation (e.g., finished living space, modern amenities) to understand its value.
3. The home sold in 2023; why is it back on the market?
The reason for the quick turnaround is not provided. It could be due to many common life events (relocation, change in family needs). Reviewing the full listing history and discussing with the seller's agent is advised.
4. How does the assessed value relate to the likely asking price?
The assessed value of $488k is a municipal valuation for tax purposes. The last sold price in 2023 was $517k, which is a more current market indicator. Expect the asking price to be influenced by recent sales and market conditions, not the assessment.
5. Are there any concerns with a home built in 2016?
A 10-year-old home is past the initial builder warranty period. While still modern, a pre-purchase inspection is crucial to identify any emerging issues with major components like the roof, HVAC, or exterior finishes, which may be nearing their first major maintenance cycle.
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