192 Park East Drive

Bridgwater Centre, Winnipeg

Property score

77.0

Good

Overall 77.0 · Newer than most nearby homes

1,492 sqft (bottom 46%) · Built in 2017 (1 yr newer than avg)

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, 1 shop, and 1 sports facility nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Above average

1 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

77.0 is composed by the two sections below.

Property Score

73.4Good
Living Area75
1,492 sqftGood
Year Built97
2017Excellent
Lot Size28
2,570 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

around average
1,492 sqft
0255075100
Same streetTop 36%Same areaBottom 46%CitywideTop 31%
Same street · Park East Drive
#26 / 73
Top 36% · Avg 1,578 sqft
Same area · Bridgwater Centre
#110 / 204
Bottom 46% · Avg 1,600 sqft
Citywide · Winnipeg
#60,173 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

around average
408k
0255075100
Same streetBottom 27%Same areaBottom 16%CitywideTop 36%
Same street · Park East Drive
#53 / 73
Bottom 27% · Avg 437k
Same area · Bridgwater Centre
#172 / 204
Bottom 16% · Avg 447.1k
Citywide · Winnipeg
#70,801 / 194,458
Top 36% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetTop 33%Same areaTop 16%CitywideTop 5%

Lot Size

below average
2,570 sqft
0255075100
Same streetBottom 8%Same areaBottom 3%CitywideBottom 6%

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

192 Park East Drive — 8 amenities found within 500 m, across 5 categories, including 3 dining (nearest 363 m), 2 healthcare (nearest 424 m), 1 shopping (nearest 471 m).

Search radius
🍽️Dining3
🏥Healthcare2
🛒Shopping1
💪Sports1
🏦Finance1

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 3/2022CA$400k–450k
Sold price

Same street

Top 47%

Same area

Top 46%

City-wide

Top 31%

Related homes

Highlights & common questions: 192 Park East Drive, Winnipeg

Property Overview: 192 Park East Drive, Bridgwater Centre

Key Characteristics & Appeal

This 2017-built, two-storey home in the popular Bridgwater Centre neighbourhood offers modern living on a generous 2,570 sqft lot. With 1,492 sqft of living space and an unrenovated basement, it presents a solid, move-in-ready canvas. Its primary appeal lies in its strong positional metrics: the lot size ranks in the top 3% of the neighbourhood and top 6% city-wide, offering more outdoor space than most newer homes. As a 9-year-old build, it strikes a balance between modern construction and established settling, likely beyond the initial warranty period snags.

The property suits first-time buyers or young families seeking a established home in a master-planned community without a premium for recent renovations. It’s also a practical fit for value-conscious buyers who prioritize lot size over a finished basement or garage, viewing the unfinished space as a future project opportunity. A less obvious perspective is its appeal to data-driven buyers; the detailed rankings show a property that outperforms most peers in land area while being average in assessed value, suggesting a potential value proposition based on land equity.


Frequently Asked Questions

1. How does the lack of a garage impact daily living and resale?
While many newer homes in the area include garages, its absence is reflected in the current assessed value. Buyers should budget for alternative parking solutions or potential future construction, subject to community guidelines.

2. The assessed value seems stable compared to the 2022 sale price. What does this indicate?
The minimal change suggests the property’s municipal valuation has held steady in a fluctuating market, which can provide a measure of stability and predictability for property taxes.

3. The basement is noted as "not renovated." What condition should I expect?
Expect a foundational, unfinished space with bare walls, concrete floors, and open ceiling joists. It’s a blank slate for future development but requires a significant investment to finish.

4. The lot ranks very high, but the living area ranks lower in comparison. Why is that?
This indicates the home’s footprint on the lot may be smaller relative to others, prioritizing yard space over indoor square footage—a trade-off that appeals to those who value outdoor living and gardening.

5. The comparable listings show similar assessed values but in different neighbourhoods. Is this common?
Yes, municipal assessed values often cluster in specific value bands across different areas. It highlights that at this price point, buyers are typically choosing between newer homes in suburbs like Bridgwater or potentially older homes in established central neighbourhoods.