156 Park Valley Road

Bridgwater Forest, Winnipeg

Property score

89.7

Excellent

Overall 89.7 · Larger than most nearby homes

2,639 sqft (top 6%) · Built in 2011

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 schools nearby

Living Area

Above average

29% 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

89.7 is composed by the two sections below.

Property Score

93.1Excellent
Living Area2,639 sqft98Excellent
Year Built201194Excellent
Lot Size5,796 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
2,639 sqft
0255075100
Same streetTop 16%Same areaTop 6%CitywideTop 2%
Same street · Park Valley Road
#11 / 69
Top 16% · Avg 2,257 sqft
Same area · Bridgwater Forest
#69 / 1,121
Top 6% · Avg 2,053 sqft
Citywide · Winnipeg
#4,078 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
672k
0255075100
Same streetTop 45%Same areaTop 33%CitywideTop 5%
Same street · Park Valley Road
#31 / 69
Top 45% · Avg 757.1k
Same area · Bridgwater Forest
#375 / 1,121
Top 33% · Avg 684.1k
Citywide · Winnipeg
#8,983 / 194,458
Top 5% · Avg 390.1k

Year Built

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

Lot Size

around average
5,796 sqft
0255075100
Same streetBottom 48%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

156 Park Valley Road — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 277 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 10/2023CA$650k–700k
Sold price

Same street

Top 40%

Same area

Top 28%

City-wide

Top 4%

Related homes

Highlights & common questions: 156 Park Valley Road, Winnipeg

Property Overview: 156 Park Valley Road, Bridgwater Forest

Key Characteristics, Appeal & Ideal Buyer

This well-situated two-storey home in Bridgwater Forest offers strong value in a modern Winnipeg community. Built in 2011, it sits on a generous 5,796 sqft lot and features a spacious 2,639 sqft of living area, which is notably larger than most homes in both the immediate neighbourhood and the wider city. The home includes an attached garage and a full, unrenovated basement, presenting a blank canvas for future expansion or customization.

Its primary appeal lies in its above-average space and established lot size within a relatively new suburb. The property ranks highly for its living area and assessed value compared to Winnipeg overall, suggesting a solid investment in a desirable growth area. It would suit a growing family seeking ample indoor space in a community with newer infrastructure, or a value-conscious buyer looking for a home with good square footage where they can personalize the basement over time. A less obvious perspective is that the home’s age strikes a balance—it’s past the initial “newness” phase where major builder deficiencies might surface, yet it’s modern enough to avoid the immediate need for significant system overhauls common in older homes.

Frequently Asked Questions

1. How does the lot size compare to others in Bridgwater Forest?
At 5,796 sqft, the land area is larger than about half of the properties on Park Valley Road itself, offering a bit more outdoor space than many of its direct neighbours.

2. Is the basement finished?
No, the basement is not renovated. This presents an opportunity for future expansion to suit a buyer’s specific needs and taste.

3. How recent are the property value assessments?
The provided assessed value is a government assessment for taxation. The home sold most recently in October 2023 for $666,800, which provides a clear, current market benchmark.

4. What does the ranking data mean?
The rankings compare this property to others on its street, in Bridgwater Forest, and across Winnipeg. For example, its living area is in the top 4% of the neighbourhood and top 2% city-wide, highlighting its standout spaciousness.

5. Is the home in a flood zone or have any known major issues?
This information is not provided in the available details. A buyer’s inspector and realtor should be consulted to investigate flood plain maps, the condition of the roof, siding, and major systems given the home’s age, and to review the property’s full history.

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