136 Park Valley Road

Bridgwater Forest, Winnipeg

Property score

90.4

Excellent

Overall 90.4 · Larger and newer than most nearby homes

3,168 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

54% 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

90.4 is composed by the two sections below.

Property Score

94.4Excellent
Living Area3,168 sqft100Excellent
Year Built201294Excellent
Lot Size5,797 sqft74Good
Neighbourhood Sales Activity89Excellent

Community Score

84.5Excellent
Household Income88Excellent
Education Level91Excellent
Housing Stress52Fair
Core Housing Need88Excellent
Employment Health83Excellent

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
3,168 sqft
0255075100
Same streetTop 4%Same areaTop 1%CitywideTop 1%
Same street · Park Valley Road
#3 / 69
Top 4% · Avg 2,257 sqft
Same area · Bridgwater Forest
#16 / 1,121
Top 1% · Avg 2,053 sqft
Citywide · Winnipeg
#1,522 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
814k
0255075100
Same streetTop 25%Same areaTop 17%CitywideTop 2%
Same street · Park Valley Road
#17 / 69
Top 25% · Avg 757.1k
Same area · Bridgwater Forest
#189 / 1,121
Top 17% · Avg 684.1k
Citywide · Winnipeg
#4,134 / 194,458
Top 2% · Avg 390.1k

Year Built

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

Lot Size

around average
5,797 sqft
0255075100
Same streetTop 46%Same areaTop 41%CitywideTop 37%

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

136 Park Valley Road — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 205 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 11/2023CA$750k–800k
Sold price

Same street

Top 17%

Same area

Top 11%

City-wide

Top 2%

Related homes

Highlights & common questions: 136 Park Valley Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Forest presents a compelling blend of space, modern updates, and established value. Built in 2012, it sits on a large lot and features a renovated basement and an attached garage. The data suggests a home that stands out in its immediate area for its generous living space and above-average assessed value, having been sold relatively recently in late 2023.

Key Characteristics & Appeal

The primary appeal of this property lies in its above-average size and its position within a desirable, modern neighbourhood. With over 3,100 sqft of living space, it ranks in the top 4% of homes on its street and the top 1% for the wider Bridgwater Forest area, offering significant room for a growing or multi-generational family. The renovated basement adds immediate functional living space without the need for future projects. Its 2012 build date means major components are still relatively young, yet the neighbourhood itself is established with mature landscaping and community amenities.

This home would suit buyers looking for a move-in ready, spacious family home in a sought-after suburban community. It’s ideal for those who value modern neighbourhood planning but want to avoid the premium and ongoing construction of a brand-new build. The strong rankings in assessed and recent sale value against local and city-wide comparables also make it a sensible consideration for value-conscious buyers seeking a home with solid equity foundations.

Frequently Asked Questions

1. How does the lot size compare to newer homes in the area?
At nearly 5,800 sqft, the land area is substantial. While newer infill lots in established areas are often smaller, this lot is larger than 54% of others on the same street, offering good outdoor space for a home of this vintage in Bridgwater Forest.

2. What does the "renovated basement" likely include?
While specifics would require viewing or disclosure, a renovated basement in a 2012 home typically means it has been finished into a legal living space with proper flooring, drywall, and likely includes additional rooms such as a bedroom, bathroom, or recreational area.

3. The home sold recently in November 2023. Why is it back on the market?
This is not indicated in the provided data. A quick resale can be due to many neutral factors like a job relocation, change in family circumstances, or an investor divesting, and would be a key point to clarify with the listing agent.

4. Are the value rankings a reliable indicator?
The rankings show the home consistently performs well above the median for its street, neighbourhood, and Winnipeg in terms of size, assessed value, and last sale price. This indicates a property that has been valued highly relative to its peers, which can be a marker of desirability and a good maintenance history.

5. What is the community vibe in Bridgwater Forest?
Bridgwater Forest is a master-planned community known for its parks, pathways, ponds, and family-friendly amenities. This home’s location within it offers a modern suburban lifestyle with a focus on outdoor recreation and community events.

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