Property score
91.9
Excellent
Overall 91.9 · Larger and newer than most nearby homes
2,902 sqft (top 3%) · Built in 2012 (1 yr newer than avg)
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: 1 dining spot, 1 school, and 2 place of worships nearby
Living Area
Above average
41% 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)
604
666k
$295/sqft
2011
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91.9 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111255
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
173 Park Valley Road — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 460 m), 1 education (nearest 369 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 5% | Top 5% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 173 Park Valley Road, Bridgwater Forest
Key Features & Ideal Buyer
This two-storey home in the sought-after Bridgwater Forest community presents a compelling opportunity. Built in 2012, it sits on a large, approximately 12,200 sqft lot, offering more space and privacy than most properties in Winnipeg. The home itself is spacious, with nearly 2,900 sqft of living area, placing it in the top tier for size locally. Key features include an attached garage and a renovated basement, adding valuable finished space.
The appeal lies in its established yet modern feel within a mature neighbourhood. The data suggests a property that outperforms most peers: it ranks in the top 10% for lot size, living area, and assessed value within its own street and often the top 5% across wider Bridgwater Forest. This indicates a home that has been well-maintained and sits above average in a desirable area. It would perfectly suit a growing family seeking space, stability, and community amenities, or a professional looking for a move-in ready home in a high-ranking location without the wait of a new build. A thoughtful perspective is that the 2012 build date offers a sweet spot—modern construction standards and efficiency, but with established landscaping and settled neighbourhood character, avoiding the initial growing pains of brand-new subdivisions.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home was last sold in April 2021 for $96.5k. Its current assessed value is $105.9k, which is a typical indicator of market growth and municipal valuation over that period.
2. Is the lot size unusual for this area?
Yes. At 12,198 sqft, the lot is larger than 94% of properties on Park Valley Road and 97% of properties in Winnipeg, making it a standout feature for outdoor space.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific details on the scope, finishes, or permits should be verified with the listing agent or during a viewing.
4. How does this home rank for space within Bridgwater Forest?
Very highly. With 2,902 sqft of living area, it is larger than 98% of homes in the Bridgwater Forest neighbourhood, placing it in the top 2%.
5. The nearby comparable properties have similar assessed values but different addresses. What does this mean?
The listed properties (e.g., on Georgetown Drive, Canvasback Cove) are provided as financial comparables based on municipal assessment value only. They are in different neighbourhoods, highlighting that this home's assessed value is in line with a range of areas, but key factors like specific location, lot size, and community (Bridgwater Forest) will directly influence market price and desirability.
