248 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 Area86
1,730 sqftExcellent
Year Built94
2014Excellent
Lot Size38
3,243 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
1,730 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
478k
0255075100
Same streetTop 27%Same areaTop 25%CitywideTop 23%
Same street · Park West Drive
#36 / 131
Top 27% · Avg 452.7k
Same area · Bridgwater Centre
#50 / 204
Top 25% · Avg 447.1k
Citywide · Winnipeg
#45,647 / 194,458
Top 23% · Avg 390.1k

Year Built

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

Lot Size

above average
3,243 sqft
0255075100
Same streetTop 12%Same areaTop 10%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

248 Park West Drive — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 325 m), 2 healthcare (nearest 421 m), 2 shopping (nearest 339 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 9/2017CA$400k–450k
Sold price

Same street

Bottom 49%

Same area

Bottom 46%

City-wide

Top 33%

Related homes

Highlights & common questions: 248 Park West Drive, Winnipeg

Property Overview: 248 Park West Drive

Key Characteristics & Appeal

This is a well-maintained, two-storey family home built in 2014, situated in the popular Bridgwater Centre neighbourhood. Its key features include a renovated basement and an attached garage, set on a lot size that is larger than most on its street. With 1,730 sqft of living space, the home offers practical, modern living.

The appeal lies in its established position within a newer community. The data suggests a home that has been cared for, with a current assessed value that ranks well above average for both the neighbourhood and the wider city. It represents a solid, move-in ready option in a sought-after area, avoiding the premium often attached to brand-new construction while still being relatively modern.

This property would best suit practical buyers—growing families or professionals—looking for a turnkey home in a convenient suburban setting. It’s for those who value community amenities and newer infrastructure but also appreciate a home with some lived-in history and likely more mature landscaping compared to a recent build. The renovated basement adds valuable flexible space, making it adaptable for various needs.


Frequently Asked Questions

1. How does the assessed value compare to the likely asking price?
The assessed value is $47.80k, but this is a provincial valuation for tax purposes and is typically far below market value. A more relevant market indicator is the 2017 sale price of $40.10k, though the market has changed significantly since then. Always consult recent comparable sales for an accurate current value.

2. Is the home older than others in Bridgwater Centre?
Yes. Built in 2014, it is older than 96% of homes in the immediate neighbourhood, which consists largely of very recent construction. This isn’t necessarily a drawback; it means the home is past its initial settling phase and the yard and trees are more established.

3. What do the ranking percentages next to the features mean?
These show how this property compares to others in the same category. For example, its lot size is "Better than 88% in same street," meaning it's in the top 12% for lot size on Park West Drive. This is a quick way to see its relative strengths, like its above-average living space for the area.

4. The last sale was in 2017. Why might the owners be selling now?
While the specific reason isn't known, a 7-year ownership period is common for a home of this type. It often aligns with a natural transition point for families, such as children reaching different school ages or changing space needs.

5. How does this lot size compare to older Winnipeg neighbourhoods?
At 3,243 sqft, the lot is quite typical for newer communities like Bridgwater Centre but is generally smaller than lots found in many of Winnipeg's mature, post-war suburbs. This reflects modern subdivision planning focused on efficient land use and lower maintenance.