15 Park Valley Road

Bridgwater Forest, Winnipeg

Property score

88.3

Excellent

Overall 88.3 · Compared with neighbourhood average

2,078 sqft (top 50%) · Built in 2011

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school nearby

Living Area

Near average

1% larger than neighborhood avg.

Year Built

Near average

0 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

88.3 is composed by the two sections below.

Property Score

90.8Excellent
Living Area94
2,078 sqftExcellent
Year Built94
2011Excellent
Lot Size74
5,674 sqftGood
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

above average
2,078 sqft
0255075100
Same streetBottom 33%Same areaTop 50%CitywideTop 9%
Same street · Park Valley Road
#46 / 69
Bottom 33% · Avg 2,257 sqft
Same area · Bridgwater Forest
#562 / 1,121
Top 50% · Avg 2,053 sqft
Citywide · Winnipeg
#17,520 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
604k
0255075100
Same streetBottom 25%Same areaBottom 43%CitywideTop 8%
Same street · Park Valley Road
#52 / 69
Bottom 25% · Avg 757.1k
Same area · Bridgwater Forest
#643 / 1,121
Bottom 43% · Avg 684.1k
Citywide · Winnipeg
#14,871 / 194,458
Top 8% · Avg 390.1k

Year Built

above average
2011
0255075100
Same streetBottom 35%Same areaTop 34%CitywideTop 10%

Lot Size

around average
5,674 sqft
0255075100
Same streetBottom 38%Same areaTop 43%CitywideTop 39%

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

15 Park Valley Road — 1 amenities found within 500 m, across 1 categories, including 1 education (nearest 389 m).

Search radius
🏫Education1

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 10/2020CA$550k–600k
Sold price

Same street

Bottom 29%

Same area

Top 48%

City-wide

Top 8%

Related homes

Highlights & common questions: 15 Park Valley Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Forest is a well-established property in a modern Winnipeg community. Built in 2011, it sits on a generous 5,674 sqft lot and features 2,078 sqft of living space, an attached garage, and a renovated basement. The home’s appeal lies in its balance of space and location within a sought-after, family-oriented neighbourhood. Its rankings indicate it is a solid, above-average property city-wide, particularly in terms of living area and assessed value, though it sits more modestly within its immediate street context. It would suit buyers looking for a move-in ready family home in a planned community, who value a renovated basement for extra living space and a sizable yard over being in the top tier of their specific street.

Key Details & Considerations

  • Key Characteristics: A 15-year-old two-storey with a renovated basement, attached garage, and a lot size over 5,600 sqft. Its city-wide rankings for living space and value are notably strong (top 8% and 7%, respectively).
  • Primary Appeal: A turnkey home in Bridgwater Forest, offering modern neighbourhood amenities with the established feel of a lived-in community. The renovated basement adds immediate functional space.
  • Ideal Buyer: Growing families or professionals seeking a balanced home—not the largest on the block, but one with proven value growth and ample indoor and outdoor space for the long term.

Frequently Asked Questions

1. How does this home really compare to others in Bridgwater Forest?
While its city-wide rankings are excellent, its rankings within Bridgwater Forest itself are more moderate. This suggests it's a very competent home within a desirable neighbourhood, likely offering good value relative to premium lots in the area.

2. The last sale was in 2020 for $590k. What does that indicate?
The 2020 sale price provides a historical benchmark, showing strong value retention. It suggests the owners have enjoyed a period of stable ownership, which can be positive for maintenance continuity.

3. What does a 'renovated basement' typically mean here?
In a 2011 home, this likely indicates a thoughtful update to the original finish—possibly adding a living area, bedroom, or bathroom—making it immediately livable and functional without a future project.

4. The lot is large, but what is the practical benefit?
At over 5,600 sqft, the lot provides substantial private outdoor space, a rarity in newer communities. It offers room for gardening, play, and future additions like a deck or shed, with less immediate proximity to neighbours.

5. Who might this home not suit?
Buyers seeking a brand-new build or a top-tier "showcase" home on its street may find it less fitting. Its appeal is grounded in established comfort and space rather than being the newest or most elite property in the immediate row.