306 Park West Drive

Bridgwater Centre, Winnipeg

Property score

81.9

Excellent

Overall 81.9 · Newer than most nearby homes

1,726 sqft (top 38%) · Built in 2017 (1 yr newer than avg)

Located in a high-income area with median household income of ~103k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 shop, 1 sports facility, and 1 bank/ATM nearby

Living Area

Near average

8% larger than neighborhood avg.

Year Built

Above average

1 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

81.9 is composed by the two sections below.

Property Score

81.5Excellent
Living Area1,726 sqft86Excellent
Year Built201797Excellent
Lot Size3,473 sqft38Low
Neighbourhood Sales Activity96Excellent

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

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

above average
1,726 sqft
0255075100
Same streetTop 41%Same areaTop 38%CitywideTop 20%
Same street · Park West Drive
#54 / 131
Top 41% · Avg 1,612 sqft
Same area · Bridgwater Centre
#77 / 204
Top 38% · Avg 1,600 sqft
Citywide · Winnipeg
#38,731 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
489k
0255075100
Same streetTop 18%Same areaTop 16%CitywideTop 22%
Same street · Park West Drive
#24 / 131
Top 18% · Avg 452.7k
Same area · Bridgwater Centre
#33 / 204
Top 16% · Avg 447.1k
Citywide · Winnipeg
#41,968 / 194,458
Top 22% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetTop 7%Same areaTop 16%CitywideTop 5%

Lot Size

Elite
3,473 sqft
0255075100
Same streetTop 5%Same areaTop 5%CitywideBottom 19%

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

306 Park West Drive — 5 amenities found within 500 m, across 4 categories, including 2 dining (nearest 430 m), 1 shopping (nearest 466 m).

Search radius
🍽️Dining2
🛒Shopping1
💪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 4/2023CA$500k–550k
Sold price

Same street

Top 10%

Same area

Top 9%

City-wide

Top 16%
Sold 9/2020CA$400k–450k
Sold price

Same street

Top 49%

Same area

Bottom 48%

City-wide

Top 33%

Related homes

Highlights & common questions: 306 Park West Drive, Winnipeg

Property Summary: 306 Park West Drive, Bridgwater Centre

Section 1: Key Characteristics & Appeal

This modern two-storey home, built in 2017, presents a low-maintenance, move-in-ready opportunity in the sought-after Bridgwater Centre neighbourhood. Its key appeal lies in a combination of newer construction, a fully renovated basement, and strong positional rankings within its immediate area. With an attached garage and a generous 3,473 sqft lot, it offers practical suburban living.

The home’s standout feature is its consistent ranking in the top tier of its own street and neighbourhood for lot size, assessed value, and recent sale price—indicating it is perceived as a premium property within its local micro-market. This suggests not just a well-kept home, but one situated among desirable peers. The 2023 sale price of $50.40k represents a significant increase over its 2020 sale, reflecting strong local value growth.

This property would ideally suit first-time buyers or young families seeking a modern home without immediate renovation needs, especially those valuing community amenities and newer infrastructure. It also appeals to the value-conscious buyer who appreciates hard data; the home’s strong comparative rankings offer a quantifiable sense of getting a leading property on the block, not just a house.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes a legal suite or additional bedrooms should be verified through a viewing and disclosure documents.

2. How does the "top 5%" ranking for lot size affect the property?
With a lot size larger than 95% of those on its street, this typically means more usable outdoor space, greater privacy from neighbours, and potentially more landscaping options compared to other homes in the immediate area.

3. The 2020 sale price seems low compared to 2023. Why is that?
The sold price in September 2020 ($40.30k) ranked in the bottom 3% for the street at that time, which may have been an outlier transaction or reflected different market conditions. The rapid appreciation to a top 15% street price by 2023 highlights a dramatic shift, underscoring the importance of viewing past data in the context of its time.

4. Are the property rankings for Winnipeg misleading?
Yes, to a degree. While its city-wide rankings are generally good, they are less exceptional than its street/neighbourhood rankings. This highlights that Bridgwater Centre is a newer, higher-value suburb. The key takeaway is that this home is a top-tier property within its own desirable community.

5. What is the significance of the nearby "similar assessed value" properties listed?
These are not similar homes in style or location, but properties across Winnipeg with identical municipal assessed values ($48.90k). This is a tax assessment tool, not a direct comparison of market value or home features, which are more accurately reflected in the recent sale price and the neighbourhood-specific rankings provided.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.