Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Park East Drive): Below Average. Ranked #81 out of 160 (Bottom 49%). The street average for comparable homes is 1,069 sqft.
Neighborhood Level (Bridgwater Centre): Below Average. Ranked #287 out of 380 (Bottom 24%). The neighborhood average for comparable homes is 1,044 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #21,824 out of 26,841 (Bottom 19%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Park East Drive): Below Average. Ranked #95 out of 160 (Bottom 41%). The street average for comparable homes is 354.7k.
Neighborhood Level (Bridgwater Centre): Below Average. Ranked #279 out of 380 (Bottom 27%). The neighborhood average for comparable homes is 340.1k.
Citywide Level (Winnipeg): Around Average. Ranked #11,936 out of 26,841 (Top 44%). The citywide average for comparable homes is 276.9k.
Street Level (Park East Drive): Above Average. Ranked #25 out of 160 (Top 16%). The street average for comparable homes is 2019.
Neighborhood Level (Bridgwater Centre): Around Average. Ranked #120 out of 380 (Top 32%). The neighborhood average for comparable homes is 2020.
Citywide Level (Winnipeg): Above Average. Ranked #1,199 out of 26,841 (Top 4%). The citywide average for comparable homes is 1990.
Bridgwater Centre market pulse
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.
- Exact sold prices
- Detailed market analysis
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
305-325 Park East Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 205 m).
Crime & safety
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Related homes
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Similar assessed value
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Is this home right for you?
Property Overview
This property at 305-325 Park East Drive in Winnipeg's Bridgwater Centre is a modern, low-maintenance unit built in 2020. Its key appeal lies in its new construction, offering contemporary finishes and systems with minimal initial upkeep. With a compact living area of 760 sqft and no basement or garage, it represents an efficient, entry-level option in a sought-after master-planned community.
The data suggests it suits first-time buyers or investors seeking a modern property with a relatively low assessed value. Its top-tier rankings for land area within its immediate street and broader neighbourhood indicate it may sit on a favourable lot or share desirable communal grounds. However, its smaller size and lack of private parking mean it appeals most to those prioritizing location and new builds over space. A thoughtful perspective is its potential as a lock-and-leave property for frequent travellers or downsizers drawn to Bridgwater's amenities, who are comfortable with shared-wall living and street parking.
Frequently Asked Questions
1. What does the high ranking for "Land Area" mean if there's no private yard?
This typically refers to the parcel of land the building sits on. In a multi-unit property, a high rank suggests the building has a lower density, more green space, or better positioning within the complex compared to most neighbours.
2. The assessed value seems low. Does that indicate a problem?
Not necessarily. A low municipal assessment can result from the unit's smaller size, specific building type, or the timing of the valuation. It's important to compare it to recent sale prices of similar units, not just larger homes in the area.
3. Who is responsible for exterior and grounds maintenance?
As a unit without a basement or garage in a multi-address building, this is almost certainly a condominium or strata property. Maintenance of the building exterior, roof, and common grounds would be handled by the condominium corporation, funded by monthly fees.
4. Is street parking reliable in this area?
Bridgwater Centre is a newer community with wider, planned streets. While the listing shows no private garage, the availability of unreserved street parking should be verified, as some newer areas have permit systems or restrictions.
5. Why is the 2020 sale price so different from the assessed value?
The property sold for $18.5k in late 2020, which is likely not a traditional market sale. This could have been a transfer between family members, a sale of the initial leasehold, or a builder transaction for a newly built unit, and does not reflect its current market value.