Property score
77.0
Good
Overall 77.0 · Compared with neighbourhood average
1,492 sqft (bottom 46%) · Built in 2016
Located in a high-income area with median household income of ~103k
Transit 94.0 · 1-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
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 40%Chinese · 21%
Past 10 years Bridgwater Centre sales snapshot (~80% of all data)
189
510k
$289/sqft
2016
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77.0 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
427 Park West Drive — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 266 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 22% | Top 19% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 427 Park West Drive
Section 1: Key Characteristics & Appeal
This well-presented two-storey home in Bridgwater Centre offers modern living in a sought-after neighbourhood. Built in 2016, the home features a renovated basement and a comfortable 1,492 sqft of living space on a generous 2,642 sqft lot. Its recent sale in June 2024 for $474k significantly surpassed the assessed value, indicating strong market appeal and potential value not fully captured by the official valuation.
The primary appeal lies in its balance of contemporary construction, a move-in-ready condition highlighted by the basement renovation, and its location within a popular, newer community. The lot size is notably above average for the immediate street, offering more outdoor space than many nearby properties.
This home would suit first-time buyers or young families looking for a modern, low-maintenance property in a community with newer amenities. It’s also a practical choice for value-conscious buyers who recognize the upside in a home with a recently updated basement and a sale price that demonstrates its market worth beyond the assessment roll.
Section 2: Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this property against others on its street, in Bridgwater Centre, and across all of Winnipeg. For example, while the lot size ranks highly locally, the assessed value is middle-of-the-pack for the neighbourhood, which could suggest room for value growth or simply reflect the specific features of this home versus others.
2. Is the renovated basement a legal suite?
The listing notes a "renovated basement" but does not specify it as a legal secondary suite. Buyers should verify the permits and compliance of the renovation with the city to understand its potential use and value.
3. How does having no garage impact value and livability?
The lack of a garage is a trade-off. It may be reflected in the assessed value, but for some buyers, the larger lot could provide space to add one later. In the interim, street parking and driveway use are important considerations, especially in winter.
4. The home sold for significantly more than its assessed value. What does that mean?
This is common and indicates that the competitive market price was higher than the city's assessment for tax purposes. It generally reflects strong buyer demand for this specific property and neighbourhood at the time of sale, but it does not guarantee future assessments will rise to match the sale price.
5. How does this part of Bridgwater Centre compare?
The "Bridgwater Centre" area is known for newer homes and community amenities. The data shows this home is newer than most in Winnipeg, but fairly typical in age for its immediate area. The appeal is in the overall community infrastructure, parks, and modern feel rather than standing out as a newly built home.
