168 Park Valley Road

Bridgwater Forest, Winnipeg

Property score

88.9

Excellent

Overall 88.9 · Compared with neighbourhood average

2,301 sqft (top 32%) · Built in 2011

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 schools nearby

Living Area

Near average

12% 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

88.9 is composed by the two sections below.

Property Score

91.9Excellent
Living Area2,301 sqft96Excellent
Year Built201194Excellent
Lot Size5,794 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
2,301 sqft
0255075100
Same streetTop 49%Same areaTop 32%CitywideTop 5%
Same street · Park Valley Road
#34 / 69
Top 49% · Avg 2,257 sqft
Same area · Bridgwater Forest
#357 / 1,121
Top 32% · Avg 2,053 sqft
Citywide · Winnipeg
#9,584 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

Elite
654k
0255075100
Same streetBottom 45%Same areaTop 39%CitywideTop 5%
Same street · Park Valley Road
#38 / 69
Bottom 45% · Avg 757.1k
Same area · Bridgwater Forest
#441 / 1,121
Top 39% · Avg 684.1k
Citywide · Winnipeg
#10,125 / 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
5,794 sqft
0255075100
Same streetBottom 42%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

168 Park Valley Road — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 322 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 11/2021CA$650k–700k
Sold price

Same street

Top 38%

Same area

Top 28%

City-wide

Top 4%

Related homes

Highlights & common questions: 168 Park Valley Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Forest is a well-established, modern property built in 2011. It sits on a generous 5,794 sqft lot and features 2,301 sqft of living space, an attached garage, and a renovated basement. The home’s appeal lies in its balance of space, recent updates, and a location within a popular planned community. Its rankings indicate it is a solid, above-average property within the wider Winnipeg context, particularly for living area and value, while being more in line with typical offerings on its own street.

Key Characteristics & Ideal Buyer

The home’s key characteristics include its substantial lot size, recently renovated basement, and a living area that ranks in the top 4% of Winnipeg—offering significant interior space. Its assessed value has remained stable, closely aligned with its last sale price in late 2021, suggesting a steady market valuation.

Its appeal is grounded in being a move-in ready family home in a sought-after neighbourhood, with the heavy lifting of basement renovation already completed. It suits buyers looking for a established property in a newer community without the premium of a brand-new build. It would particularly fit growing families seeking spacious interiors and outdoor room, or professionals wanting a modern home in a cohesive suburban environment with a strong sense of community. A thoughtful perspective is that this property offers the "second-owner advantage": the initial development phase of the area is complete, and the home itself has seen updates, potentially offering a settled-in feel with mature landscaping while remaining contemporary.


Frequently Asked Questions

1. How does this home compare to others in Bridgwater Forest?
The home ranks above average in the neighbourhood for living space (top 23%) and lot size (top 41%). It is a well-sized, established property within the community, not necessarily the newest or largest, but positioned comfortably above the median.

2. What does the ranking data actually tell me?
The percentile rankings compare this property against specific groups (its street, neighbourhood, and all of Winnipeg). For example, living in the top 4% in Winnipeg for size means it is significantly larger than most city homes. The street-level rankings are more modest, indicating it is a typical, well-fitting home for its immediate area.

3. The home was last sold in late 2021. Is that a concern?
Not inherently. The stable assessed value, which is very close to the 2021 sale price, suggests the market has sustained its value. It may indicate motivated sellers who have owned for a medium-term period rather than flipping quickly.

4. What are the benefits of a renovated basement?
It immediately adds finished living space without the need for a major project. This is ideal for a recreation room, home office, or guest space. Ensure to check the permits and quality of the renovation during your inspection.

5. Is the lot size usable, or is it mostly taken up by the house?
At nearly 5,800 sqft, the lot is larger than average for the area (top 41% in the neighbourhood). This should provide a good backyard space for family activities or gardening, which is a key feature for a family-oriented community like Bridgwater Forest.

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