272 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 2018 (2 yrs newer 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: 2 dining spots, 1 sports facility, and 1 bank/ATM nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Above average

2 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
2018Excellent
Lot Size28
2,655 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

above average
451k
0255075100
Same streetTop 25%Same areaTop 43%CitywideTop 28%
Same street · Park East Drive
#18 / 73
Top 25% · Avg 437k
Same area · Bridgwater Centre
#87 / 204
Top 43% · Avg 447.1k
Citywide · Winnipeg
#54,801 / 194,458
Top 28% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 4%

Lot Size

around average
2,655 sqft
0255075100
Same streetBottom 33%Same areaBottom 26%CitywideBottom 7%

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

272 Park East Drive — 4 amenities found within 500 m, across 3 categories, including 2 dining (nearest 336 m).

Search radius
🍽️Dining2
💪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 5/2019CA$350k–400k
Sold price

Same street

Bottom 16%

Same area

Bottom 20%

City-wide

Top 43%

Related homes

Highlights & common questions: 272 Park East Drive, Winnipeg

Property Summary: 272 Park East Drive, Bridgwater Centre

Section 1: Overview & Appeal

This modern two-storey home, built in 2018, offers a low-maintenance lifestyle in Winnipeg’s popular Bridgwater Centre neighbourhood. Its key characteristics include a renovated basement, a detached garage, and a practical 1,492 sqft layout on a 2,655 sqft lot.

The primary appeal lies in its balance of being a relatively new build—sparing owners from immediate major repairs—within a well-established, family-oriented community. The home’s assessed value ranks highly city-wide (top 25%), suggesting solid municipal valuation relative to the market. Its lot size is notably above average for the street, offering more outdoor space than many neighbouring properties.

This property would suit first-time buyers or young families seeking a move-in-ready home in a newer suburb. It also appeals to value-conscious buyers who prioritize a modern foundation and a renovated basement for extra living space, without the premium of a brand-new construction. A thoughtful perspective is that while the living area is modest relative to the neighbourhood, the above-average lot size presents future potential for expansion or landscaping, which is a less common find in newer subdivisions.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others on the street?
The home’s current assessed value is in the top 21% for Park East Drive, indicating it is valued higher than most direct neighbours. This is likely influenced by the renovated basement and its larger-than-average lot size for the street.

2. What does the sale history indicate?
The home last sold in May 2019 for $362,000. The increase to the current assessed value of $451,000 reflects market trends and the added value of the basement renovation completed since that purchase.

3. Is the lot size a significant feature?
Yes. The 2,655 sqft lot ranks in the top 33% on the street, meaning it’s larger than many comparable properties. This provides more private outdoor space, a valuable asset in a newer neighbourhood where lots are often uniform.

4. How does the living space compare to the neighbourhood?
At 1,492 sqft, the living area is functional but ranks in the lower third (top 73%) for Bridgwater Centre. Buyers should consider if the layout and renovated basement provide enough space for their needs relative to other homes in the area.

5. What is the significance of the “For Reference” comparable listings?
Listings like 308 and 200 Park East Drive (similar size/year but lower assessed values) highlight how the renovation and specific lot at 272 Park East Drive may contribute to its higher valuation. The “Worth Viewing” listing at 251 Park East Drive, with a similar assessed value, suggests alternative options in the same price range.