127 Park Valley Road

Bridgwater Forest, Winnipeg

Property score

92.8

Excellent

Overall 92.8 · Larger and newer than most nearby homes

3,606 sqft (top 1%) · Built in 2012 (1 yr newer than avg)

Located in a high-income area with median household income of ~109k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 schools nearby

Living Area

Above average

76% larger than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 43%Chinese · 22%

Past 10 years Bridgwater Forest sales snapshot (~80% of all data)

Sold Count

604

Median price

666k

$/sqft

$295/sqft

Avg build year

2011

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Property score

92.8 is composed by the two sections below.

Property Score

98.3Excellent
Living Area100
3,606 sqftExcellent
Year Built94
2012Excellent
Lot Size100
19,707 sqftExcellent
Neighbourhood Sales Activity89
Excellent

Community Score

84.5Excellent
Household Income88
Excellent
Education Level91
Excellent
Housing Stress52
Fair
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Bridgwater Forest

How to read: Share of sales in each ~$50k price band for “bridgwater forest” (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: #46111255

Community deep dive

$109K

Median household income

$224K

Average household income

15%

Low income (LIM-AT)

0.4

Income inequality (Gini)

5.1

P90 / P10 ratio

16%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)5,076
Labour force participation rate74%
Median age33.6
Avg household size3.0
Unemployment rate8%
Population density3057 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households16%
Couple families with children41%
Median household income (2020)$109K

Housing

Renter households23%
Condominium dwellings26%
Median dwelling value (owners)$552K

Diversity, education & language

Immigrants (share of pop.)44%
Visible minority60%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 42%
Mother tongue (2nd)Chinese · 22%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
3,606 sqft
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%
Same street · Park Valley Road
#1 / 69
Top 1% · Avg 2,257 sqft
Same area · Bridgwater Forest
#4 / 1,121
Top 1% · Avg 2,053 sqft
Citywide · Winnipeg
#795 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.66M
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%
Same street · Park Valley Road
#1 / 69
Top 1% · Avg 757.1k
Same area · Bridgwater Forest
#1 / 1,121
Top 1% · Avg 684.1k
Citywide · Winnipeg
#276 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2012
0255075100
Same streetTop 7%Same areaTop 19%CitywideTop 10%

Lot Size

Elite
19,707 sqft
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%

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

127 Park Valley Road — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 212 m).

Search radius
🏫Education2

Crime & Safety

Bridgwater Forest · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-91%

vs. prior year

Primary type

Property

100%

Sales History

Sold 6/2021CA$1.55M–1.6M
Sold price

Same street

Top 2%

Same area

Top 1%

City-wide

Top 1%

Related homes

Highlights & common questions: 127 Park Valley Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Forest is a standout property defined by its exceptional scale and premium positioning within the community. Its primary appeal lies in offering a rare combination of a massive, half-acre lot (19,707 sqft) and a spacious, modern residence (3,606 sqft living area) built in 2012. The home features a renovated basement, an attached garage, and a pool. The data underscores its elite status: it ranks in the top 1% of its street, neighbourhood, and city for both lot size and living area. Its assessed value similarly places it in the top tier locally. This property would perfectly suit buyers seeking a substantial, move-in-ready family home in a sought-after newer community, with ample private outdoor space for recreation and entertainment. It’s ideal for those who value top-tier community rankings and room to grow, without compromising on modern amenities.

Frequently Asked Questions

1. What does the ranking data actually mean?
The percentile rankings (e.g., "Better than 99%") are comparative metrics for specific features. They objectively show that this property's lot size, living area, and assessed value are larger or higher than nearly all comparable properties on its street, in Bridgwater Forest, and across Winnipeg, confirming its premium positioning.

2. The home was built in 2012. What might need attention?
While modern, a 12-year-old home may be approaching the time for updates to cosmetic finishes or the replacement of original appliances and HVAC components. A thorough inspection would be advised to assess the condition of these items and the newer renovation in the basement.

3. How does the assessed value relate to the likely selling price?
The assessed value ($166.40k) is for municipal tax purposes and is typically far below market value, as evidenced by its last sale price of $1,590k in 2021. Market price is determined by current demand, recent comparable sales, and the property's unique offerings.

4. What are the considerations of owning a pool in Winnipeg?
A pool offers great seasonal enjoyment but requires a committed maintenance routine for opening, closing, cleaning, and chemical balancing. It also represents an ongoing cost for utilities and insurance, with a relatively short usable season given the climate.

5. The lot is exceptionally large. What are the pros and cons?
The half-acre lot provides unparalleled privacy, space for gardens, play, and additions like the pool. The less obvious perspective is the responsibility: maintenance (mowing, landscaping) requires significant time or expense, and property taxes are influenced by lot size. It's a major asset that also demands commitment.