87 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 Area89
1,810 sqftExcellent
Year Built94
2015Excellent
Lot Size38
3,182 sqftLow
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” (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
497k
0255075100
Same streetTop 10%Same areaTop 10%CitywideTop 20%
Same street · Park East Drive
#7 / 73
Top 10% · Avg 437k
Same area · Bridgwater Centre
#21 / 204
Top 10% · Avg 447.1k
Citywide · Winnipeg
#39,343 / 194,458
Top 20% · Avg 390.1k

Year Built

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

Lot Size

above average
3,182 sqft
0255075100
Same streetTop 10%Same areaTop 26%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

87 Park East Drive — 12 amenities found within 500 m, across 6 categories, including 3 dining (nearest 185 m), 2 healthcare (nearest 216 m), 3 shopping (nearest 318 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 8/2020CA$400k–450k
Sold price

Same street

Top 35%

Same area

Top 34%

City-wide

Top 26%
Sold 8/2017CA$400k–450k
Sold price

Same street

Bottom 47%

Same area

Top 49%

City-wide

Top 32%

Related homes

Highlights & common questions: 87 Park East Drive, Winnipeg

Property Overview: 87 Park East Drive, Bridgwater Centre

Key Characteristics & Appeal

This two-storey home in the popular Bridgwater Centre neighbourhood offers a compelling blend of space, modernity, and established value. Built in 2015, it strikes a balance between being relatively new and having a settled presence in a mature community. Its key features include a renovated basement, an attached garage, and a notably generous living area of 1,810 sqft, which ranks in the top tier for its immediate street and neighbourhood.

The appeal lies in its strong positional metrics. The property sits on a large lot (3,182 sqft) that is better than 90% of others on Park East Drive, providing above-average outdoor space for the area. While its assessed value is competitive, the home’s standout characteristic is its interior size, offering more living space than nearly all comparable nearby homes. This is a property for buyers who prioritize spaciousness and a move-in-ready condition, thanks to the basement renovation. It would suit growing families or professionals seeking a modern, low-maintenance home in a planned community, with the data suggesting it represents a solid, above-average holding within its specific locale.

A less obvious perspective is its value trajectory. The sales history shows steady appreciation, and its current assessed value ranks highly within the neighbourhood, indicating it is perceived as a premium property on its street. For a buyer, this means acquiring a home that already outperforms many of its direct peers in key metrics, potentially offering a degree of insulation in market fluctuations.


Frequently Asked Questions

1. How does the lot size compare to typical properties in Bridgwater Centre?
At 3,182 sqft, the land area is a significant feature, ranking better than 90% of lots on the same street and 74% within the broader Bridgwater Centre neighbourhood. This means you're getting more outdoor space than most homes in this community.

2. The home was built in 2015. What does that mean for maintenance?
As an 11-year-old home, major structural components and systems are likely still in good condition, but it is reaching the age where some original appliances, HVAC components, or exterior finishes may soon need evaluation or planned replacement, a factor to consider in maintenance budgeting.

3. The living area seems large for the neighbourhood. Is that accurate?
Yes. The data indicates the 1,810 sqft of living area ranks in the top 1% within Bridgwater Centre and is the largest on Park East Drive. This is a primary differentiator for this property, offering more interior space than virtually all nearby homes.

4. What is the significance of the assessed value rankings?
The assessed value of $49,700 ranks in the top 8% for both the street and the neighbourhood. This suggests municipal assessment views this property as one of the more valuable in its immediate area, which can be a marker of its perceived worth relative to its peers.

5. Has the property's value increased since its last sale?
Yes. It sold for $43,500 in August 2020 and now carries a $49,700 assessed value. This represents a notable increase, consistent with broader market trends and the home's strong rankings for lot and living area size.