83 Park East Drive

Bridgwater Centre, Winnipeg

Property score

82.6

Excellent

Overall 82.6 · Larger than most nearby homes

1,810 sqft (top 2%) · Built in 2015 (1 yr older than avg)

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

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby

Living Area

Above average

13% 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

82.6 is composed by the two sections below.

Property Score

82.7Excellent
Living Area1,810 sqft89Excellent
Year Built201594Excellent
Lot Size3,181 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

Elite
1,810 sqft
0255075100
Same streetTop 1%Same areaTop 2%CitywideTop 17%
Same street · Park East Drive
#1 / 73
Top 1% · Avg 1,578 sqft
Same area · Bridgwater Centre
#5 / 204
Top 2% · Avg 1,600 sqft
Citywide · Winnipeg
#32,753 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
488k
0255075100
Same streetTop 15%Same areaTop 17%CitywideTop 22%
Same street · Park East Drive
#11 / 73
Top 15% · Avg 437k
Same area · Bridgwater Centre
#35 / 204
Top 17% · Avg 447.1k
Citywide · Winnipeg
#42,318 / 194,458
Top 22% · Avg 390.1k

Year Built

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

Lot Size

above average
3,181 sqft
0255075100
Same streetTop 14%Same areaTop 28%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

83 Park East Drive — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 179 m), 2 healthcare (nearest 208 m), 3 shopping (nearest 313 m).

Search radius
🍽️Dining3
🏥Healthcare2
🛒Shopping3
🏦Finance2
Fuel Stations1
Worship1

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 2/2025CA$500k–550k
Sold price

Same street

Top 5%

Same area

Top 5%

City-wide

Top 15%
Sold 10/2020CA$400k–450k
Sold price

Same street

Bottom 36%

Same area

Bottom 44%

City-wide

Top 33%

Related homes

Highlights & common questions: 83 Park East Drive, Winnipeg

Property Overview

83 Park East Drive is a modern, two-storey home in Winnipeg's Bridgwater Centre neighbourhood. Built in 2015, it sits on a generous 3,181 sqft lot and features 1,810 sqft of living space, an attached garage, and a renovated basement. The property has demonstrated strong value appreciation, selling for $400,000 in 2020 and $510,000 in early 2025.

Key Characteristics & Appeal

This home’s primary appeal lies in its combination of modern construction, a desirable location within a master-planned community, and clear financial performance. Its key characteristics include a top-tier lot size for its street, a fully renovated basement adding functional space, and a building age that places it among the newer homes in Winnipeg, minimizing immediate major repair concerns.

The property would suit buyers looking for a move-in ready home in a family-oriented neighbourhood who also view real estate as a practical investment. It’s particularly well-suited for:

  • Growing families seeking the parks, pathways, and community amenities of Bridgwater.
  • Value-conscious buyers who appreciate the recent basement renovation and modern build, which should translate to lower maintenance costs in the near term.
  • Data-driven purchasers reassured by the home’s strong rank in lot size and its history of value growth within its peer group.

A less obvious perspective is the home’s balance between established maturity and freshness. At 11 years old, the neighbourhood landscaping and community are settled, yet the home itself is still modern enough to avoid the common issues of much older properties. Its sales history also suggests it’s in a micro-location (its specific street and section of Bridgwater) that has been highly resilient and sought-after.

Frequently Asked Questions

1. How does the lot size compare to others?
The 3,181 sqft lot is in the top 14% for size on Park East Drive, offering more outdoor space than most direct neighbours—a notable advantage in newer communities where lots can be smaller.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer should inquire for details on the quality, permits, and whether it includes a bedroom, bathroom, or legal suite potential.

3. Has the home’s value increased steadily?
Yes. The assessed value is $48,800, but market value is higher, as shown by the 2025 sale at $510,000. This indicates a significant increase from its 2020 sale price of $400,000, reflecting strong market demand for this location and property type.

4. Is this a good area for families?
Bridgwater Centre is a master-planned community known for its parks, ponds, and extensive pathway networks, making it popular with families. The rankings show this specific street is among the more established and desirable within the wider neighbourhood.

5. Are there any red flags from the sales history?
The rapid appreciation is positive but suggests buyers should ensure their offer is supported by a current appraisal and inspection. The jump from $400k to $510k in under five years aligns with recent market trends but underscores the importance of understanding current market conditions.

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