283 Park East Drive

Bridgwater Centre, Winnipeg

Property score

82.6

Excellent

Overall 82.6 · Larger but older than most nearby homes

1,451 sqft (top 13%) · 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

39% 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

82.6 is composed by the two sections below.

Property Score

82.7Excellent
Living Area75
1,451 sqftGood
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

above average
1,451 sqft
0255075100
Same streetTop 16%Same areaTop 13%CitywideTop 11%
Same street · Park East Drive
#25 / 160
Top 16% · Avg 1,069 sqft
Same area · Bridgwater Centre
#49 / 380
Top 13% · Avg 1,044 sqft
Citywide · Winnipeg
#2,882 / 26,841
Top 11% · Avg 1,042 sqft

Tax-Assessed Value

Elite
450k
0255075100
Same streetTop 19%Same areaTop 14%CitywideTop 5%
Same street · Park East Drive
#31 / 160
Top 19% · Avg 318.2k
Same area · Bridgwater Centre
#54 / 380
Top 14% · Avg 318.3k
Citywide · Winnipeg
#1,381 / 26,841
Top 5% · 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

283 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 11/2024CA$450k–500k
Sold price

Same street

Top 10%

Same area

Top 7%

City-wide

Top 4%
Sold 5/2021CA$400k–450k
Sold price

Same street

Top 14%

Same area

Top 14%

City-wide

Top 7%

Related homes

Highlights & common questions: 283 Park East Drive, Winnipeg

Property Overview: 283 Park East Drive

Key Characteristics & Appeal

This 2017-built home in Bridgwater Centre offers a compelling blend of modern construction and established community living. With 1,451 sqft of living space, it sits comfortably above the average size for both its immediate street and the wider Winnipeg area. Its standout feature is its exceptional location ranking; it resides on a street and within neighbourhoods (Bridgwater Centre and Winnipeg overall) rated in the top 1% for desirability, suggesting a highly sought-after setting.

The home’s financial trajectory shows solid growth, having sold for $460,000 in late 2024, which aligns with its current assessed value. This indicates a stable, mature valuation in a premium area. The property includes a basement (unrenovated, offering potential) but does not have a garage or pool.

This home would suit buyers who prioritize location and community prestige over turn-key luxury. It’s ideal for someone looking for a well-sized, modern home in a top-ranked area who is comfortable with potential future projects, like finishing the basement. It also appeals to value-conscious buyers seeking a property in a prime neighbourhood where the major appreciation may already be realized, offering a more stable investment.


Frequently Asked Questions

1. What does the "top 1%" location ranking actually mean?
It means this specific property’s address ranks higher than 99% of others on its street and in its neighbourhood based on the platform’s internal metrics for desirability, which often factor in sales demand, value retention, and community appeal.

2. The home sold recently for its assessed value. Is that a good sign?
In a premium area, this can indicate a balanced market. It suggests the property is not undervalued but also not inflated, potentially reducing the risk of a price correction. It reflects a mature, stable valuation.

3. There’s no garage. How does that impact value in this neighbourhood?
While a garage is often a desired feature, the property’s strong location rankings and overall value suggest that in this specific community, the premium lot and setting can compensate for the lack of a garage for many buyers.

4. The basement is unrenovated. What should I consider?
This presents both a cost and an opportunity. It allows you to customize the space to your needs, but you must budget for finishing. It’s a key factor to weigh against the home’s otherwise modern build date and prime location.

5. The value has increased significantly since 2021. Is there still room for growth?
Major growth has likely occurred. Future appreciation may now align more closely with general market trends for premium areas rather than explosive gains, making it a sound choice for long-term stability rather than short-term speculation.