303 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
470k
0255075100
Same streetTop 13%Same areaTop 11%CitywideTop 4%
Same street · Park East Drive
#21 / 160
Top 13% · Avg 318.2k
Same area · Bridgwater Centre
#40 / 380
Top 11% · Avg 318.3k
Citywide · Winnipeg
#1,057 / 26,841
Top 4% · 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

303 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 6/2024CA$500k–550k
Sold price

Same street

Top 5%

Same area

Top 4%

City-wide

Top 3%
Sold 6/2022CA$400k–450k
Sold price

Same street

Top 10%

Same area

Top 8%

City-wide

Top 4%

Related homes

Highlights & common questions: 303 Park East Drive, Winnipeg

Property Overview: 303 Park East Drive, Bridgwater Centre

Section 1: Key Characteristics & Appeal

This well-maintained 2017-built home in the popular Bridgwater Centre neighbourhood offers modern living with a practical layout. Its key feature is a renovated basement, adding valuable finished space to the 1,451 sqft footprint. While it does not include a garage, the property stands out for its exceptional location within the community, ranking in the top 1% of its street and top 0% of both the neighbourhood and Winnipeg for lot size, suggesting a premium, possibly more private setting.

The appeal lies in its combination of a newer build, a move-in-ready basement, and a standout lot in a sought-after area. The recent sale history shows steady value appreciation, and its assessed value is consistent with similar homes in other neighbourhoods. This property would suit buyers looking for a modern home in a master-planned community who prioritize lot characteristics and are willing to forgo a garage for a prime location. It’s also a sensible fit for those who value having the renovation work already completed, particularly in the basement.

Section 2: Frequently Asked Questions

1. What does the "top 1% in street" ranking for land area actually mean?
This indicates the property's lot is larger than 99% of other lots on Park East Drive. In a newer community where lots can be similar in size, this suggests a notably more generous or better-configured parcel.

2. The home sold recently in 2024 and 2022. Why is it back on the market?
While the specific reason isn't listed, the recent sales history primarily demonstrates clear market value appreciation over a two-year period. Quick resales can sometimes relate to job relocation, changing space needs, or other personal circumstances unrelated to the property itself.

3. There is no garage. What are the parking arrangements?
The listing specifies no garage, so parking would be limited to driveway space. Prospective buyers should verify the driveway capacity and review any municipal street parking regulations.

4. How does the assessed value compare to the recent sale price?
The property is assessed at $470k, which is slightly below its last recorded sale price of $501k in mid-2024. This is not uncommon, as municipal assessments often lag behind current market values and use a different valuation methodology.

5. The nearby reference properties have much lower assessed values. Is this accurate?
This appears to be a data discrepancy, as the listed reference values (e.g., $40.60k) are inconsistent with the market. The "similar assessed value" section below, showing other homes at $470k, is a more reliable indicator of its value peer group. Always verify all figures with a real estate professional.