402 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 Area86
1,712 sqftExcellent
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

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
515k
0255075100
Same streetBottom 37%Same areaTop 5%CitywideTop 3%
Same street · Park West Drive
#10 / 16
Bottom 37% · Avg 524.4k
Same area · Bridgwater Centre
#19 / 380
Top 5% · Avg 318.3k
Citywide · Winnipeg
#721 / 26,841
Top 3% · 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

402 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 8/2024CA$500k–550k
Sold price

Same street

Top 23%

Same area

Top 4%

City-wide

Top 2%
Sold 10/2019CA$400k–450k
Sold price

Same street

Bottom 23%

Same area

Top 10%

City-wide

Top 5%

Related homes

Highlights & common questions: 402 Park West Drive, Winnipeg

Property Summary: 402 Park West Drive, Bridgwater Centre

Key Characteristics & Appeal

This 2015-built home in Bridgwater Centre offers a modern, low-maintenance lifestyle in a highly sought-after area. With 1,712 sqft of living space and an unrenovated basement, it presents a solid, move-in-ready canvas. Its primary appeal lies in its exceptional location rankings—it sits in the top 1% of its street and the top 0% of both its neighbourhood and all of Winnipeg for area desirability. This indicates a premium spot within a consistently popular community. The property has demonstrated strong value appreciation, with its last sale price in 2024 significantly higher than its 2019 sale.

This home is well-suited for professionals, young families, or downsizers seeking a modern property in a top-ranked suburban neighbourhood without the upkeep of a large yard or an older home. It’s particularly ideal for a buyer who values community prestige and a proven investment trajectory over having a garage or a finished basement, as those offer immediate project potential or cost savings.


Frequently Asked Questions

1. What does the "top 0% in neighbourhood" ranking actually mean?
It means this specific property lot is ranked #1 out of 204 comparable lots in Bridgwater Centre for its area/desirability score, placing it in the most exclusive tier. This is a strong indicator of a premium location within an already popular community.

2. The basement is noted as "not renovated." What is its condition?
The listing specifies the basement exists but is unfinished. This means it’s likely a blank canvas of concrete walls and floors, offering the new owner full flexibility to finish it to their taste, but also representing an additional project and cost.

3. There is no garage. Is there dedicated parking?
While the listing does not specify a garage, the property is in a modern suburban development. It almost certainly includes a private driveway, but verifying the exact parking arrangement (e.g., single or double driveway) would be a key due diligence step.

4. The assessed value is $51.50k, but it sold for $450k in 2024. Why the huge difference?
In Manitoba, the assessed value is not market value; it is a value set by the municipality for taxation purposes only, typically much lower. The recent sale price of $450,300 is the true indicator of its current market value.

5. The home is newer (2015), but how does it rank for age on its street?
It ranks better than only 42% of homes on its street for age, meaning a majority of the neighbouring houses are newer. This suggests the home is on an established street within a community that saw continued development after 2015.