305-325 Park East Drive

Built 2020Living Area 760 sqft
Sale History
SOLDin Nov 2020
180K±5,000
Tax Assessment
262k(prev. 224k)
+38k(+17%)
DateSold PriceNeighbourhood
2020-11Sold180K±5,00066/71

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Below average760 sqft · top 76% in area · built 2020 · 0 yrs newer than avg
$
High-income areaMedian household income ~$103K · top tier income demographics
2-min walk to transit4 nearby routes · score 86/100
Score

Property score

Overall score
61.9Fair
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
48.2
Low
Living area
22
Year built
97
Sales activity
96
Community Score
82.5
Good
Income
86
Education
91
Housing
42
Core need
88
Employment
83
Rankings

How it stacks up

Each metric compared against 160 homes on Park East Drive, 380 in Bridgwater Centre, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
760 sqft
BELOW AVERAGE
StreetBottom 49%AreaBottom 24%CityBottom 19%
Same street
Bottom 49%
#81 / 160
Bottom 24%
#287 / 380
Citywide
Winnipeg
Bottom 19%
#21,824 / 26,841
Tax-Assessed Value
262 k
BELOW AVERAGE
StreetBottom 41%AreaBottom 27%CityTop 44%
Same street
Bottom 41%
#95 / 160
Bottom 27%
#279 / 380
Citywide
Winnipeg
Top 44%
#11,936 / 26,841
Year Built
2020
NEAR AVERAGE
StreetTop 16%AreaTop 32%CityTop 4%
Same street
Top 16%
#25 / 160
Top 32%
#120 / 380
Citywide
Winnipeg
Top 4%
#1,199 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
305-325 Park East Drive: Living Area 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.

305-325 Park East Drive: Tax-Assessed Value Analysis

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.

305-325 Park East Drive: Year Built Analysis

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.

Market

Bridgwater Centre market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
250
last 14 years
Median price
246.4k
14-year area median
Price per sqft
$342/sqft
area average
Avg build year
2020
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

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.

Community deep dive

Who lives in this neighbourhood

Dissemination area #46111257 · Statistics Canada 2021 Census · Population 11365
11,365
Population (2021)
30.4
Median age
3.1
Avg household size
1,696 / km²
Population density
Distribution by household income band
0-5k
3%
5k-10k
1%
10k-15k
1%
15k-20k
2%
20k-25k
2%
25k-30k
2%
30k-35k
2%
35k-40k
2%
40k-45k
2%
45k-50k
3%
50k-60k
5%
60k-70k
6%
70k-80k
6%
80k-90k
5%
90k-100k
6%
100k-125k
14%
125k-150k
11%
150k-200k
15%
200k plus
12%
$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
77%
Labour participation
8%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

305-325 Park East Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 205 m).

Search radius
🍽️Dining1
💪Sports1

Crime & safety

Bridgwater Centre · WPS public data
Full crime data →
Annual incidents
12
2026
vs. city average
-59%
▲ relative to avg
Year-over-year
▼ -89%
vs. prior year
Primary type
Property
50% of incidents

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 305-325 Park East Drive. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

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.