51 Park East Drive

Bridgwater Centre, Winnipeg

Property score

81.5

Excellent

Overall 81.5 · Larger than most nearby homes

1,730 sqft (top 17%) · Built in 2015 (1 yr older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby

Living Area

Above average

8% larger 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

81.5 is composed by the two sections below.

Property Score

80.9Excellent
Living Area1,730 sqft86Excellent
Year Built201594Excellent
Lot Size3,234 sqft38Low
Neighbourhood Sales Activity96Excellent

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

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

above average
1,730 sqft
0255075100
Same streetTop 18%Same areaTop 17%CitywideTop 20%
Same street · Park East Drive
#13 / 73
Top 18% · Avg 1,578 sqft
Same area · Bridgwater Centre
#35 / 204
Top 17% · Avg 1,600 sqft
Citywide · Winnipeg
#38,367 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
479k
0255075100
Same streetTop 19%Same areaTop 24%CitywideTop 23%
Same street · Park East Drive
#14 / 73
Top 19% · Avg 437k
Same area · Bridgwater Centre
#48 / 204
Top 24% · Avg 447.1k
Citywide · Winnipeg
#45,325 / 194,458
Top 23% · Avg 390.1k

Year Built

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

Lot Size

above average
3,234 sqft
0255075100
Same streetTop 7%Same areaTop 17%CitywideBottom 15%

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

51 Park East Drive — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 143 m), 2 healthcare (nearest 153 m), 3 shopping (nearest 261 m).

Search radius
🍽️Dining3
🏥Healthcare2
🛒Shopping3
🏦Finance2
Fuel Stations1
Worship2

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 10/2021CA$450k–500k
Sold price

Same street

Top 11%

Same area

Top 15%

City-wide

Top 18%
Sold 8/2019CA$400k–450k
Sold price

Same street

Bottom 44%

Same area

Top 50%

City-wide

Top 32%

Related homes

Highlights & common questions: 51 Park East Drive, Winnipeg

Property Overview: 51 Park East Drive, Bridgwater Centre

Key Characteristics & Appeal

This well-maintained two-storey home in the popular Bridgwater Centre neighbourhood offers a balanced package for modern living. Built in 2015, it features a renovated basement, an attached garage, and a generous 1,730 sqft of living space on a 3,234 sqft lot. The home’s standout appeal lies in its strong positional rankings within its immediate area. It sits in the top tier for lot size, living area, and recent sold price on its own street and within Bridgwater Centre, suggesting it is a above-average offering in a desirable, established pocket of the community.

The property would suit buyers looking for a turnkey home in a newer suburb without the premium of a brand-new build. It’s particularly suited for those who value space and a finished basement for family living or entertaining. A thoughtful perspective for buyers is the home’s assessed value trajectory; it has appreciated significantly from its 2019 sale price, indicating solid growth, yet its current assessed value remains conservative compared to its last sale price, which may present different angles for valuation and property tax considerations.


Frequently Asked Questions

1. How does this home compare to others in Bridgwater Centre?
Based on the available metrics, this home ranks better than 83% of properties in the neighbourhood for lot size and better than 93% for living area, placing it in the top tier for space within this community.

2. What is the significance of the sold price history?
The home sold for $480,000 in late 2021, a price that ranks highly within its immediate area. This recent comp is a strong data point for current market value, showing substantial growth from its prior sale in 2019.

3. Is the basement development original?
No, the listing specifies the basement has been renovated, meaning it was finished after the home was built in 2015, adding valuable living space.

4. How might the assessed value impact an offer?
The municipal assessed value ($479,000) is currently below the 2021 sale price. Buyers should be aware that property taxes are based on this assessment, not market sale price, but a significant gap between assessment and market value can sometimes be a point of discussion in negotiations.

5. What does the "rank by year built" mean for a 2015 home?
While the home is relatively new (better than 92% of Winnipeg), it is older than 85% of homes in its own neighbourhood. This indicates Bridgwater Centre has many newer builds, so this property offers more established landscaping and potential for matured finishes compared to the newest lots.

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