27 Park Valley Road

Bridgwater Forest, Winnipeg

Property score

89.6

Excellent

Overall 89.6 · Larger and newer than most nearby homes

2,400 sqft (top 20%) · Built in 2012 (1 yr newer than avg)

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

Above average

17% 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

89.6 is composed by the two sections below.

Property Score

93.0Excellent
Living Area2,400 sqft96Excellent
Year Built201294Excellent
Lot Size6,459 sqft81Excellent
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
2,400 sqft
0255075100
Same streetTop 35%Same areaTop 20%CitywideTop 4%
Same street · Park Valley Road
#24 / 69
Top 35% · Avg 2,257 sqft
Same area · Bridgwater Forest
#223 / 1,121
Top 20% · Avg 2,053 sqft
Citywide · Winnipeg
#7,249 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
722k
0255075100
Same streetTop 35%Same areaTop 25%CitywideTop 3%
Same street · Park Valley Road
#24 / 69
Top 35% · Avg 757.1k
Same area · Bridgwater Forest
#277 / 1,121
Top 25% · Avg 684.1k
Citywide · Winnipeg
#6,598 / 194,458
Top 3% · Avg 390.1k

Year Built

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

Lot Size

above average
6,459 sqft
0255075100
Same streetTop 33%Same areaTop 25%CitywideTop 23%

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

27 Park Valley Road — 1 amenities found within 500 m, across 1 categories, including 1 education (nearest 360 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 7/2023CA$650k–700k
Sold price

Same street

Top 36%

Same area

Top 28%

City-wide

Top 4%
Sold 7/2016CA$550k–600k
Sold price

Same street

Bottom 29%

Same area

Top 48%

City-wide

Top 8%

Related homes

Highlights & common questions: 27 Park Valley Road, Winnipeg

Property Overview & Appeal

This two-storey home in Bridgwater Forest presents a compelling blend of space, modern updates, and established community living. Built in 2012, its key characteristics include a generous 2,400 sqft of living area, a renovated basement, an attached garage, and a large 6,459 sqft lot. The home’s appeal lies in its above-average rankings within a desirable neighbourhood; it sits in the top quarter of the area for lot size and the top 15% for living space. The recent renovation of the basement adds immediate functional value. A thoughtful perspective is its consistent value trajectory: while the 2023 sale price showed a correction from the 2016 peak, its assessed value remains strong, suggesting a stable footing in the market. This property would ideally suit growing families or professionals seeking a move-in ready home in a mature, amenity-rich suburb like Bridgwater Forest, who appreciate both interior updates and ample outdoor space.

Frequently Asked Questions

1. How does the 2023 sale price compare to the current assessed value?
The home sold for $674,000 in July 2023, which is notably lower than its current assessed value of $722,000. This is not uncommon, as assessed values for taxation can differ from market sale prices, which are influenced by broader market conditions at the time of sale.

2. What do the "rank" percentages actually mean?
These percentages show how this property compares to others in its immediate area. For example, "Better than 86% in neighbourhood" for living area means this home is larger than 86% of homes in Bridgwater Forest, placing it in the top 14% for size.

3. Has the property's value increased since it was built?
Yes. The home sold for $590,000 in 2016 and $674,000 in 2023. This represents an overall increase, though it indicates a market correction from potentially higher values between those years.

4. Is the lot size typical for the street and area?
At 6,459 sqft, the lot is larger than average for both Park Valley Road (top 33%) and the wider Bridgwater Forest neighbourhood (top 25%), offering more outdoor space than many comparable properties.

5. The home is 14 years old. What might require attention?
While the renovated basement is a significant update, a home of this age may be approaching the time for routine maintenance or updates to original components, such as the roof, HVAC system, or exterior finishes, which a buyer's inspection should verify.

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