387 Park West Drive

Bridgwater Centre, Winnipeg

Property score

76.7

Good

Overall 76.7 · Compared with neighbourhood average

1,492 sqft (bottom 46%) · Built in 2015 (1 yr older than avg)

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

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, and 1 sports facility nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Below average

1 yrs older 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

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Property score

76.7 is composed by the two sections below.

Property Score

72.8Good
Living Area75
1,492 sqftGood
Year Built94
2015Excellent
Lot Size28
2,638 sqftLow
Neighbourhood Sales Activity96
Excellent

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

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

around average
1,492 sqft
0255075100
Same streetBottom 35%Same areaBottom 46%CitywideTop 31%
Same street · Park West Drive
#85 / 131
Bottom 35% · Avg 1,612 sqft
Same area · Bridgwater Centre
#110 / 204
Bottom 46% · Avg 1,600 sqft
Citywide · Winnipeg
#60,173 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

around average
409k
0255075100
Same streetBottom 11%Same areaBottom 18%CitywideTop 36%
Same street · Park West Drive
#117 / 131
Bottom 11% · Avg 452.7k
Same area · Bridgwater Centre
#168 / 204
Bottom 18% · Avg 447.1k
Citywide · Winnipeg
#70,353 / 194,458
Top 36% · Avg 390.1k

Year Built

above average
2015
0255075100
Same streetBottom 35%Same areaBottom 36%CitywideTop 7%

Lot Size

below average
2,638 sqft
0255075100
Same streetBottom 15%Same areaBottom 19%CitywideBottom 7%

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

387 Park West Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 328 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 3/2024CA$400k–450k
Sold price

Same street

Top 34%

Same area

Top 33%

City-wide

Top 26%
Sold 8/2020CA$350k–400k
Sold price

Same street

Bottom 20%

Same area

Bottom 19%

City-wide

Top 44%

Related homes

Highlights & common questions: 387 Park West Drive, Winnipeg

Property Overview: 387 Park West Drive, Bridgwater Centre

Section 1: Key Characteristics & Appeal

This is a modern, two-storey home built in 2015, offering a low-maintenance lifestyle in Winnipeg's popular Bridgwater Centre neighbourhood. Its key characteristics include a functional 1,492 sqft living space, a full (but unfinished) basement for future expansion, and a well-sized 2,638 sqft lot. Notably, the home lacks a garage, which is reflected in its accessible price point.

The primary appeal lies in securing a relatively newer build in a sought-after, master-planned community without the premium price tag of a fully upgraded or larger home. It represents a solid entry point into a neighbourhood known for its pathways, parks, and amenities. The recent sale in March 2024 suggests a move-in-ready condition and current market validation.

This property would suit first-time buyers or practical downsizers who prioritize location and a modern building envelope over finished luxuries like a garage or renovated basement. It’s for those who see potential in the unfinished space and value a home that is younger than 92% of properties in Winnipeg, offering peace of mind regarding major systems.

Section 2: Frequently Asked Questions

1. How does the lack of a garage impact daily life and value?
While a garage is a common convenience, its absence significantly increases affordability in this area. Buyers should budget for alternative parking and storage solutions, but this trade-off is what makes a newer home in Bridgwater Centre accessible.

2. The assessed value is listed at $40.90k, but it sold for $43.50k in 2024. Why the difference?
Municipal assessed value for taxation purposes is not a direct indicator of market value. The recent sale price is a much more accurate reflection of the home's current worth in the open market.

3. Is the unfinished basement a drawback or an opportunity?
This is a key opportunity. It allows a new owner to customize the space to their exact needs—whether as a rec room, home office, or additional bedrooms—without paying a premium for someone else’s renovation choices.

4. The "rank" metrics show mixed results. How does this property really compare?
The rankings provide nuanced context. While the lot size is on the smaller side for the street, the home itself is newer than most in the city and has above-average living space for Winnipeg overall. It’s a property with competitive strengths in specific, important categories like age and neighbourhood.

5. What is the immediate neighbourhood (Bridgwater Centre) like for daily living?
Bridgwater Centre is a walkable, family-oriented community with extensive pathways, parks, and planned retail amenities. It’s designed for an active, suburban lifestyle with modern infrastructure, making it particularly attractive to young professionals and families.