378 Park West Drive

Bridgwater Centre, Winnipeg

Property score

86.3

Excellent

Overall 86.3 · Larger but older than most nearby homes

1,712 sqft (top 2%) · Built in 2015 (5 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

64% larger than neighborhood avg.

Year Built

Below average

5 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

86.3 is composed by the two sections below.

Property Score

88.9Excellent
Living Area1,712 sqft86Excellent
Year Built201594Excellent
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” (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

Elite
1,712 sqft
0255075100
Same streetTop 6%Same areaTop 2%CitywideTop 4%
Same street · Park West Drive
#1 / 16
Top 6% · Avg 1,635 sqft
Same area · Bridgwater Centre
#7 / 380
Top 2% · Avg 1,044 sqft
Citywide · Winnipeg
#944 / 26,841
Top 4% · Avg 1,042 sqft

Tax-Assessed Value

Elite
593k
0255075100
Same streetTop 13%Same areaTop 1%CitywideTop 1%
Same street · Park West Drive
#2 / 16
Top 13% · Avg 524.4k
Same area · Bridgwater Centre
#2 / 380
Top 1% · Avg 318.3k
Citywide · Winnipeg
#368 / 26,841
Top 1% · Avg 256.1k

Year Built

above average
2015
0255075100
Same streetTop 6%Same areaBottom 4%CitywideTop 17%

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

378 Park West Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 308 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 7/2021CA$600k–650k
Sold price

Same street

Top 8%

Same area

Top 1%

City-wide

Top 1%

Related homes

Highlights & common questions: 378 Park West Drive, Winnipeg

Property Overview: 378 Park West Drive, Bridgwater Centre

Key Features & Ideal Buyer

This 2015-built home in Bridgwater Centre presents a compelling blend of modern living and established value. Its key characteristic is a renovated basement, adding functional living space to the 1,712 sqft footprint. The property’s standout appeal lies in its exceptional positional strength within the city. It ranks in the top 1% of its street and the top 0% of both its neighbourhood and all of Winnipeg for its assessed value, indicating a highly desirable location with a strong history of value retention, having last sold for $64.5k above its current assessment in 2021.

The home suits practical buyers looking for a move-in-ready property in a premier community without the premium of a brand-new build. It’s particularly well-matched for those who prioritize location and proven value growth over having the absolute newest home on the block. A thoughtful perspective is that while the home is newer than 92% of Winnipeg, it is now entering its second decade, offering the benefit of an established lot and matured neighbourhood amenities without the initial development phase uncertainties. The lack of a garage may appeal to buyers seeking lower maintenance or those planning to add a personalized structure, but it’s a key consideration for vehicle storage.


Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or layout. Prospective buyers should inquire about the scope of work, the quality of finishes, and whether it includes legal secondary suites or additional bedrooms.

2. How can the assessed value be significantly lower than the last sale price?
The current assessed value is a municipal valuation for tax purposes, not a market appraisal. The 2021 sale price of $64.5k above assessment reflects market conditions at that time. This gap suggests strong buyer demand for the location, but a current market evaluation is essential to understand today's value.

3. The home ranks highly for value but lower for year built on its street. What does this mean?
This indicates the property is on a street where many homes were built more recently than 2015. Buyers get a well-situated, modern home that is still newer than most of Winnipeg, but should be aware that some immediate neighbours may have newer construction features.

4. Is the lack of a garage a major drawback?
It depends on buyer needs. For some, it’s a trade-off for the location and value, with potential to add a garage later. For others, it may be a deal-breaker. It’s important to assess on-site parking options and local bylaws for future additions.

5. What is the neighbourhood vibe in Bridgwater Centre?
As a planned community, Bridgwater Centre typically offers family-friendly amenities, parks, and modern infrastructure. The top-tier rankings for area and value suggest a stable, in-demand community. Walking the street and exploring local shops and schools is recommended to get a personal feel.

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