407 Park West Drive

Two StoreyBuilt 2015Living Area 1,492 sqft
Sale History
SOLDin May 2024
440K±5,000
Tax Assessment
435k(prev. 402k)
+33k(+8.2%)
DateSold PriceNeighbourhood
2024-05Sold440K±5,00017/20

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

Map
Near average1,492 sqft · top 54% in area · built 2015 · 1 yrs older 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
76.7Good
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
72.8
Good
Living area
75
Year built
94
Lot size
28
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 131 homes on Park West Drive, 204 in Bridgwater Centre, and 194,457 citywide. Polygon points further from the centre = better rank.
Living Area
1,492 sqft
BELOW AVERAGE
StreetBottom 35%AreaBottom 46%CityTop 31%
Same street
Bottom 35%
#85 / 131
Bottom 46%
#110 / 204
Citywide
Winnipeg
Top 31%
#60,173 / 194,457
Tax-Assessed Value
435 k
BELOW AVERAGE
StreetBottom 20%AreaBottom 25%CityTop 41%
Same street
Bottom 20%
#105 / 131
Bottom 25%
#152 / 204
Citywide
Winnipeg
Top 41%
#79,730 / 194,455
Year Built
2015
BELOW AVERAGE
StreetBottom 35%AreaBottom 36%CityTop 7%
Same street
Bottom 35%
#85 / 131
Bottom 36%
#131 / 204
Citywide
Winnipeg
Top 7%
#14,114 / 194,457
Lot Size
2,640 sqft
BELOW AVERAGE
StreetBottom 18%AreaBottom 22%CityBottom 7%
Same street
Bottom 18%
#107 / 131
Bottom 22%
#160 / 204
Citywide
Winnipeg
Bottom 7%
#181,075 / 194,457
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
407 Park West Drive: Living Area Analysis

Street Level (Park West Drive): Below Average. Ranked #85 out of 131 (Bottom 35%). The street average for comparable homes is 1,612 sqft.

Neighborhood Level (Bridgwater Centre): Below Average. Ranked #110 out of 204 (Bottom 46%). The neighborhood average for comparable homes is 1,600 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #60,173 out of 194,457 (Top 31%). The citywide average for comparable homes is 1,342 sqft.

407 Park West Drive: Tax-Assessed Value Analysis

Street Level (Park West Drive): Below Average. Ranked #105 out of 131 (Bottom 20%). The street average for comparable homes is 490.2k.

Neighborhood Level (Bridgwater Centre): Below Average. Ranked #152 out of 204 (Bottom 25%). The neighborhood average for comparable homes is 484.0k.

Citywide Level (Winnipeg): Around Average. Ranked #79,730 out of 194,455 (Top 41%). The citywide average for comparable homes is 435.4k.

407 Park West Drive: Year Built Analysis

Street Level (Park West Drive): Below Average. Ranked #85 out of 131 (Bottom 35%). The street average for comparable homes is 2016.

Neighborhood Level (Bridgwater Centre): Below Average. Ranked #131 out of 204 (Bottom 36%). The neighborhood average for comparable homes is 2016.

Citywide Level (Winnipeg): Above Average. Ranked #14,114 out of 194,457 (Top 7%). The citywide average for comparable homes is 1966.

407 Park West Drive: Lot Size Analysis

Street Level (Park West Drive): Below Average. Ranked #107 out of 131 (Bottom 18%). The street average for comparable homes is 3,076 sqft.

Neighborhood Level (Bridgwater Centre): Below Average. Ranked #160 out of 204 (Bottom 22%). The neighborhood average for comparable homes is 3,010 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #181,075 out of 194,457 (Bottom 7%). The citywide average for comparable homes is 6,570 sqft.

Market

Bridgwater Centre market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
189
last 14 years
Median price
510k
14-year area median
Price per sqft
$289/sqft
area average
Avg build year
2016
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” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

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

407 Park West Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 297 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

Waste collection schedule

Local garbage, recycling, and yard waste pickup
Garbage
monday
Recycling
monday
Yard waste
monday a

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 407 Park West Drive. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview

This two-storey home in Bridgwater Centre offers a practical, modern living space built in 2015. With 1,492 sqft of living area and a full, unfinished basement, it provides room to grow. The property sits on a 2,640 sqft lot and does not include a garage. Its appeal lies in its relatively recent construction within a newer suburban community, offering a turn-key home in a developed neighbourhood. The home recently sold in May 2024 for $444.5k, which is notably higher than its assessed value, suggesting a strong market perception.

This property would suit first-time buyers or small families looking for a low-maintenance, modern home in a planned community. It’s also a sensible choice for those who value a blank-canvas basement to finish according to their own needs and budget. A less obvious perspective is that, while the home ranks in the middle of its immediate street for size and year built, its value rankings within the wider city are strong for age and above average for living space, indicating it's a competitively modern property in the broader Winnipeg context. The lack of a garage, however, means it best suits buyers comfortable with street parking or adding their own parking solution.

Frequently Asked Questions

Q: How does the recent sale price compare to the home's assessed value?
A: The home sold for $444,500 in May 2024, which is significantly above its $402,000 assessed value. This is common in active markets and reflects what a buyer was recently willing to pay.

Q: Is there potential to increase the living space?
A: Yes. The home includes a full, unfinished basement, which presents a straightforward opportunity to add additional living area, subject to permits and budget.

Q: How does the property rank within the neighbourhood?
A: The rankings show a mix. The living area is in the top 27% for Bridgwater Centre, but the lot size is in the bottom 25%. This indicates the home itself is relatively spacious for the area, but the outdoor space is more compact.

Q: What should I know about parking without a garage?
A: The property has no garage. Buyers should investigate community parking regulations, consider the cost of adding a driveway or parking pad, and assess on-street parking availability.

Q: The home is 11 years old. What does that mean for maintenance?
A: Built in 2015, major structural components are likely in good shape. However, this is the age where original appliances, HVAC systems, and exterior finishes (like paint or caulking) may soon require attention or updates.