240 Park West Drive

Bridgwater Centre, Winnipeg

Property score

81.5

Excellent

Overall 81.5 · Larger but older than most nearby homes

1,730 sqft (top 17%) · Built in 2014 (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: 1 dining spot, 2 healthcare facilitys, 2 shops, and 1 bank/ATM nearby

Living Area

Above average

8% 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)

Sold Count

189

Median price

510k

$/sqft

$289/sqft

Avg build year

2016

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Property score

81.5 is composed by the two sections below.

Property Score

80.9Excellent
Living Area1,730 sqft86Excellent
Year Built201494Excellent
Lot Size3,247 sqft38Low
Neighbourhood Sales Activity96Excellent

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

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
1,730 sqft
0255075100
Same streetTop 18%Same areaTop 17%CitywideTop 20%
Same street · Park West Drive
#23 / 131
Top 18% · Avg 1,612 sqft
Same area · Bridgwater Centre
#35 / 204
Top 17% · Avg 1,600 sqft
Citywide · Winnipeg
#38,367 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
452k
0255075100
Same streetTop 50%Same areaTop 40%CitywideTop 28%
Same street · Park West Drive
#65 / 131
Top 50% · Avg 452.7k
Same area · Bridgwater Centre
#82 / 204
Top 40% · Avg 447.1k
Citywide · Winnipeg
#54,496 / 194,458
Top 28% · Avg 390.1k

Year Built

above average
2014
0255075100
Same streetBottom 19%Same areaBottom 12%CitywideTop 8%

Lot Size

above average
3,247 sqft
0255075100
Same streetTop 11%Same areaTop 9%CitywideBottom 15%

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

240 Park West Drive — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 313 m), 2 healthcare (nearest 409 m), 2 shopping (nearest 324 m).

Search radius
🍽️Dining1
🏥Healthcare2
🛒Shopping2
🏦Finance1
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 8/2024CA$450k–500k
Sold price

Same street

Top 12%

Same area

Top 10%

City-wide

Top 17%
Sold 4/2017CA$400k–450k
Sold price

Same street

Top 49%

Same area

Bottom 48%

City-wide

Top 33%

Related homes

Highlights & common questions: 240 Park West Drive, Winnipeg

Property Summary: 240 Park West Drive, Bridgwater Centre

Key Characteristics & Appeal

This well-maintained two-storey home in the popular Bridgwater Centre neighbourhood offers a practical and comfortable living space. Built in 2014, it features 1,730 sqft of living area, an attached garage, and a full (though unrenovated) basement, providing a solid foundation for future customization. The lot size is a notable advantage, ranking in the top 11% on its street.

The home’s primary appeal lies in its strong positioning within a desirable, modern community. It ranks highly compared to its immediate neighbours in terms of lot size, living space, and recent sale price, suggesting it is a competitive property on its block. Recent sale history shows steady value appreciation. It suits first-time buyers or young families looking for a move-in ready home in a newer suburb with room to grow, as well as value-focused buyers who see potential in the unfinished basement for future equity building. A thoughtful perspective is that while the home ranks well locally, its overall assessed value is more modest city-wide, which could represent a relative value opportunity within a sought-after area, especially for buyers prioritizing community over maximum square footage.

Frequently Asked Questions

1. How does this home compare to others in Bridgwater Centre?
The home ranks very well within its specific neighbourhood for lot size (top 9%) and living area (top 7%). It is on a street where it is larger and has sold for a higher price than most nearby homes, indicating it's a above-average offering in this community.

2. What does the sale history indicate about the property's value?
The home sold recently in August 2024 for $49.5k above its 2017 sale price, demonstrating consistent appreciation over seven years in a stable market.

3. Is the basement finished, and what are the possibilities?
The basement is confirmed as "not renovated," meaning it is unfinished. This presents a blank canvas for future development, such as creating a recreation room, home office, or additional bedrooms, subject to permits and budget.

4. How does the assessed value relate to the recent sale price?
The 2024 sale price ($49.50k) is notably higher than the current assessed value ($45.20k). This is common, as assessed values for taxation purposes often lag behind current market values, which are reflected in recent sales.

5. Is the property newer or older than most in Winnipeg?
Built in 2014, this home is newer than approximately 91% of properties in Winnipeg, placing it in the top 9% for age. However, within its own newer neighbourhood of Bridgwater Centre, it is actually among the older homes, ranking in the top 96% (meaning only 4% of homes in the neighbourhood are older).

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