243 Park East Drive

Bridgwater Centre, Winnipeg

Property score

86.9

Excellent

Overall 86.9 · Larger but older than most nearby homes

1,712 sqft (top 2%) · Built in 2017 (3 yrs older than avg)

Located in a high-income area with median household income of ~103k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, and 1 sports facility nearby

Living Area

Above average

64% larger than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 40%Chinese · 21%

Past 10 years Bridgwater Centre sales snapshot (~80% of all data)

Sold Count

250

Median price

246.4k

$/sqft

$342/sqft

Avg build year

2020

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Property score

86.9 is composed by the two sections below.

Property Score

89.8Excellent
Living Area86
1,712 sqftExcellent
Year Built97
2017Excellent
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” (Condos, 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

Elite
1,712 sqft
0255075100
Same streetTop 4%Same areaTop 2%CitywideTop 4%
Same street · Park East Drive
#7 / 160
Top 4% · Avg 1,069 sqft
Same area · Bridgwater Centre
#7 / 380
Top 2% · Avg 1,044 sqft
Citywide · Winnipeg
#944 / 26,841
Top 4% · Avg 1,042 sqft

Tax-Assessed Value

Elite
554k
0255075100
Same streetTop 2%Same areaTop 2%CitywideTop 2%
Same street · Park East Drive
#3 / 160
Top 2% · Avg 318.2k
Same area · Bridgwater Centre
#7 / 380
Top 2% · Avg 318.3k
Citywide · Winnipeg
#512 / 26,841
Top 2% · Avg 256.1k

Year Built

above average
2017
0255075100
Same streetBottom 12%Same areaBottom 9%CitywideTop 11%

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

243 Park East Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 340 m).

Search radius
🍽️Dining1
💪Sports1

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 12/2022CA$550k–600k
Sold price

Same street

Top 2%

Same area

Top 2%

City-wide

Top 2%

Related homes

Highlights & common questions: 243 Park East Drive, Winnipeg

Property Summary: 243 Park East Drive

Key Characteristics & Appeal

This 2017-built home in Bridgwater Centre offers a compelling blend of modern living and established value. Its primary appeal lies in its strong foundational metrics within a desirable newer neighbourhood. At 1,712 sqft, the living space is notably above average for the immediate area, ranking in the top 15% of the neighbourhood. A key feature is the renovated basement, adding functional space and immediate livability.

The property’s standout characteristic is its exceptional value ranking. It sits in the top 1% of its street and neighbourhood for assessed value, and the top 11% city-wide, indicating a premium valuation relative to its peers. This is corroborated by its 2022 sale price, which also ranked in the top 1% locally. For buyers, this suggests a home that has been a high-performer in its market segment, likely appealing to those seeking a move-in ready, modern property with a history of strong value retention. It would suit buyers prioritizing space, recent construction, and a home in a statistically top-tier position within its community, without the need for a garage.


Frequently Asked Questions

1. What does the "top 1%" ranking for value actually mean?
It means this property's assessed value is higher than 99% of the 233 homes on its street and 99% of the 584 homes in Bridgwater Centre. This indicates it is valued significantly above the local average, often reflecting factors like lot size, finishes, upgrades, or specific location advantages.

2. The home has no garage. Is that common for the area?
The listing data does not specify garage prevalence, but the lack of a garage is a noted feature. Buyers should consider their storage and vehicle needs, and investigate if on-street parking permits are required or if there is ample visitor parking.

3. How does the 2022 sale price compare to the current assessed value?
The home sold for $55,900 in December 2022, and its current assessed value is $55,400. This near-parity suggests the market and assessment authority view its value as stable over this period.

4. The living area is larger than the nearby comparable properties. What might that include?
At 1,712 sqft, it is over 200 sqft larger than the listed comparable homes on the same street. This additional space could be found in more generous room sizes, an extra bedroom, a larger primary suite, or a more developed main floor layout. The renovated basement likely contributes additional finished space not fully reflected in the main living area figure.

5. The home is 9 years old. What should I consider about its age?
Built in 2017, it is newer than 94% of homes in Winnipeg. This age typically means modern building codes, energy efficiency, and less immediate worry about major system replacements (like roof or furnace). However, it is now entering the period where original appliances and cosmetic finishes may need updating, which is a consideration for maintenance budgeting.