398 Park West Drive

Bridgwater Centre, Winnipeg

Property score

82.1

Excellent

Overall 82.1 · Larger but older than most nearby homes

1,402 sqft (top 17%) · 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

34% 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

82.1 is composed by the two sections below.

Property Score

81.8Excellent
Living Area75
1,402 sqftGood
Year Built94
2015Excellent
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” (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

above average
1,402 sqft
0255075100
Same streetBottom 19%Same areaTop 17%CitywideTop 13%
Same street · Park West Drive
#13 / 16
Bottom 19% · Avg 1,635 sqft
Same area · Bridgwater Centre
#65 / 380
Top 17% · Avg 1,044 sqft
Citywide · Winnipeg
#3,530 / 26,841
Top 13% · Avg 1,042 sqft

Tax-Assessed Value

Elite
463k
0255075100
Same streetBottom 12%Same areaTop 12%CitywideTop 4%
Same street · Park West Drive
#14 / 16
Bottom 12% · Avg 524.4k
Same area · Bridgwater Centre
#46 / 380
Top 12% · Avg 318.3k
Citywide · Winnipeg
#1,164 / 26,841
Top 4% · 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

398 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 11/2024CA$350k–400k
Sold price

Same street

Bottom 15%

Same area

Top 14%

City-wide

Top 8%
Sold 9/2021CA$400k–450k
Sold price

Same street

Bottom 46%

Same area

Top 8%

City-wide

Top 5%

Related homes

Highlights & common questions: 398 Park West Drive, Winnipeg

Property Overview: 398 Park West Drive, Bridgwater Centre, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This home in the popular Bridgwater Centre neighbourhood is a modern, low-maintenance property built in 2015. Its key feature is a renovated basement, adding valuable finished living space to the 1,402 sqft floor plan. While it does not include a garage, its appeal lies in its strong positional rankings; it sits on a lot that ranks in the top 1% for size on its street and is situated in a highly regarded area, ranking in the top tier for both the neighbourhood and all of Winnipeg.

The property suits first-time buyers or downsizers seeking a contemporary home in a top-rated community without the upkeep of an older house. Its recent sale history suggests it may present a value opportunity for a buyer looking to enter a desirable area. A thoughtful perspective is that the renovated basement offers immediate flexibility for a home office, guest suite, or recreational space, which is a significant advantage in a home of this size. The lack of a garage may be offset for buyers who prioritize lot size and location over vehicle storage.

Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is finished but does not specify the details of the renovation. A buyer should inquire about the quality of finishes, ceiling height, permits, and whether it includes a bathroom or separate entrance.

2. How does the lack of a garage impact daily living and resale?
Parking will be limited to driveway and street. For some buyers, this is a worthwhile trade-off for the location and lot size. It may appeal to households with fewer vehicles but is an important factor to consider for future resale in a family-oriented community.

3. The home sold very recently in November 2024. Why is it back on the market?
A quick resale can happen for many neutral reasons, such as a change in the buyer's financial or personal circumstances. It is a standard question to ask the listing agent to understand the specific situation.

4. The assessed value is listed at $46.30k. Is that the property tax value?
Yes, this is the municipal assessed value for taxation purposes, not the market value. The recent sale price provides a more current benchmark of the home's market worth.

5. The lot ranks very high, but the living area is more moderate. What does this mean?
It indicates the home sits on a larger-than-average lot for the street, which could provide more outdoor space, privacy, or future expansion potential compared to neighbours, even though the house itself is a comfortable but not oversized footprint.