268 Park East Drive

Property Overview: 268 Park East Drive, Bridgwater Centre

Key Characteristics & Ideal Buyer

This two-storey home, built in 2018, offers modern living in the popular Bridgwater Centre neighbourhood. Its key appeal lies in a balance of relative newness, a renovated basement adding functional space, and a lot size that is above average for its immediate street. With 1,492 sqft of living space, it ranks well for size within its local context. The home sits on a 2,649 sqft lot, providing good outdoor space for a newer community.

The property’s data suggests a strong value proposition for specific buyers. It would suit a first-time buyer or young family looking for a modern, low-maintenance home in a master-planned area, who values a move-in ready basement suite or recreational space. The home’s assessed value has remained stable, and its last sale price in 2022 was notably higher than many comparable homes on the street, indicating a history of perceived premium value. A thoughtful perspective is that while the home ranks very high city-wide for its new age (top 5%), its lot and living area rankings are stronger within its own neighbourhood than across Winnipeg, highlighting Bridgwater’s consistent, modern housing stock. This is a solid choice for someone prioritizing community amenities and newer construction over a uniquely large or established property.

Frequently Asked Questions

1. How does the lot size compare to others in the area?
At 2,649 sqft, the lot is larger than 68% of properties on Park East Drive, offering more private outdoor space than many of its direct neighbours.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific finishes and whether it includes a legal suite or is simply finished living space should be verified with the seller or listing agent.

3. How does the last sale price compare to the current assessment?
The home sold for $48,800 in July 2022, which was higher than 90% of recorded sales on its street at that time. The current assessed value is $44,100, which is a point for discussion regarding market changes and property condition.

4. Is there a garage?
No, the property does not include a garage. This is an important consideration for vehicle storage and should be factored into planning for driveway parking or potential future structures, subject to local bylaws.

5. How does this home rank for size within Bridgwater Centre?
With 1,492 sqft of living area, this home is larger than 73% of properties in the Bridgwater Centre neighbourhood, placing it in the top quarter for interior space.