322-325 Park East Drive

Built 2020Living Area 1,262 sqft
Sale History
SOLDin Dec 2020
290K±5,000
Tax Assessment
395k(prev. 338k)
+57k(+16.9%)
DateSold PriceNeighbourhood
2020-12Sold290K±5,00012/71

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

Map
↑
Above average1,262 sqft · top 18% 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
79.1● Good
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
76.8
Good
Living area
66
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
1,262 sqft
● ABOVE AVERAGE
StreetTop 26%AreaTop 18%CityTop 21%
Same street
Top 26%
#41 / 160
Top 18%
#69 / 380
Citywide
Winnipeg
Top 21%
#5,761 / 26,841
Tax-Assessed Value
395 k
● NEAR AVERAGE
StreetTop 29%AreaTop 21%CityTop 16%
Same street
Top 29%
#46 / 160
Top 21%
#78 / 380
Citywide
Winnipeg
Top 16%
#4,237 / 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 ▼
322-325 Park East Drive: Living Area Analysis

Street Level (Park East Drive): Around Average. Ranked #41 out of 160 (Top 26%). The street average for comparable homes is 1,069 sqft.

Neighborhood Level (Bridgwater Centre): Above Average. Ranked #69 out of 380 (Top 18%). The neighborhood average for comparable homes is 1,044 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #5,761 out of 26,841 (Top 21%). The citywide average for comparable homes is 1,042 sqft.

322-325 Park East Drive: Tax-Assessed Value Analysis

Street Level (Park East Drive): Around Average. Ranked #46 out of 160 (Top 29%). The street average for comparable homes is 354.7k.

Neighborhood Level (Bridgwater Centre): Around Average. Ranked #78 out of 380 (Top 21%). The neighborhood average for comparable homes is 340.1k.

Citywide Level (Winnipeg): Above Average. Ranked #4,237 out of 26,841 (Top 16%). The citywide average for comparable homes is 276.9k.

322-325 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.

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Weekly report
Winnipeg Real Estate Market Report — Jun 1–7, 2026
A tale of two timelines this week: nearly two-thirds of homes closed within 10 days at a steep over-asking premium, while everything that lingered past two weeks sold at a discount. The market is rewarding speed almost without exception.
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016…
Read review →
Monthly report
Highest May Detached Average on Record $477,313
Winnipeg Real Estate Market Data · May 2026 : Average sets a record May, recovery signals converge — 2026's first month with sales above the 5-year average. Detached $477,313 (highest May on record) · Condo $294,703 (just shy of the 2025 record) Three "2026 firsts": sales above 5-yr avg · listings above last year · Condo sales above last year
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

322-325 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 322-325 Park East Drive. No advertising. Data source details →

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Highlights & common questions

Is this home right for you?

Property highlights

Property Summary: 322-325 Park East Drive, Bridgwater Centre

Section 1: Overview & Appeal

This is a modern, low-maintenance property built in 2020, situated in Winnipeg's popular Bridgwater Centre neighbourhood. Its key appeal lies in its newness and exceptional location rankings. The home sits on a street rated better than 99% of others in the area and ranks in the top 1% of its immediate neighbourhood for location, offering a strong sense of desirability and stability.

With 1,262 sqft of living space, it suits first-time homebuyers, young professionals, or downsizers seeking a contemporary home without the upkeep of a large yard or an older structure. The absence of a basement and garage points to a truly lock-and-leave lifestyle, ideal for those who prioritize simplicity, modern efficiency, and more free time. The data suggests a property that is newer than most in the city and located in a highly sought-after pocket, making it a straightforward investment in a proven community. Its assessed value has risen since its 2020 sale, indicating steady market recognition.

Section 2: Frequently Asked Questions

1. What does "no basement" practically mean for storage and utilities?
Living without a basement means all mechanical systems (furnace, water heater) are on the main living floor, and storage space will be limited to closets, the main floor, and any potential attic space. This emphasizes a minimalist lifestyle or the need for creative storage solutions.

2. The location ranks very high. What does that actually feel like day-to-day?
A top 1% neighbourhood ranking typically translates to low traffic, well-maintained surroundings, and a consistent streetscape. It suggests a peaceful, established feel within the newer community, often with convenient access to local pathways, parks, and amenities.

3. Who might this property not suit?
It would not suit buyers who require significant storage, a workshop, a dedicated garage for vehicles or hobbies, or those who envision future expansions like a basement suite. Families needing multiple dedicated bedrooms or extensive play space may find the layout limiting.

4. The assessed value is notably higher than the last sale price. What does this indicate?
The increase from its 2020 sale price to the current assessed value reflects general market appreciation and the added value of the home now being established. It's a common pattern for newer builds, but the final market value is always determined by current buyer demand.

5. Are there any immediate costs or updates anticipated?
As a 2020 build, major components like the roof, siding, and appliances should have considerable life left, aligning with the low-maintenance appeal. However, it's wise to budget for the eventual replacement of items like the hot water tank or HVAC systems, which can be costlier without a basement for easy access.