Property score
87.7
Excellent
Overall 87.7 · Larger than most nearby homes
2,402 sqft (top 19%) · Built in 2011
Located in a high-income area with median household income of ~109k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 schools nearby
Living Area
Above average
17% 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)
604
666k
$295/sqft
2011
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87.7 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
38 Park Valley Road — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 296 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 | Bottom 45% | Top 42% | Top 7% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | Bottom 29% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 38 Park Valley Road, Bridgwater Forest
Key Characteristics & Appeal
This two-storey home in Bridgwater Forest presents a compelling blend of space, modern updates, and established community living. Built in 2011, it sits on a nearly 5,000 sqft lot and offers over 2,400 sqft of living area, placing it in the top tier for size both locally and city-wide. A key feature is the renovated basement, adding valuable finished space. The home’s attached garage and lack of a pool cater to practical, low-maintenance family living.
Its appeal lies in its proven value trajectory and relative standing. While it ranks around the middle of its immediate street for lot size and age, it excels in broader comparisons: it’s larger than 97% of Winnipeg homes and newer than 88% of them. The significant jump in assessed value since 2019 and its solid sale price in 2022 suggest a well-maintained property in a desirable area. This home would suit growing families or professionals seeking a move-in ready property with ample interior space in a mature, planned neighbourhood, without the premium or unpredictability of a brand-new build.
A thoughtful perspective: The data indicates this property is a high-performer on a city-wide scale but finds a more competitive context within its own sought-after neighbourhood and street. This suggests you’re buying into a premium area where the home’s size is a standout asset, offering room to grow that is increasingly rare.
Frequently Asked Questions
1. How does the home’s value compare to the area?
The 2022 sale price was above the neighbourhood median at the time, and its current assessed value is in the top 25% for Bridgwater Forest. This indicates it is valued as a premium property within an already desirable community.
2. Is the neighbourhood well-established?
Yes. As part of Bridgwater Forest with homes dating back to 2011, the area is mature with established landscaping and community amenities. It’s not a brand-new development, which can mean fewer ongoing construction issues and more settled green spaces.
3. What does the “renovated basement” include?
The listing confirms the basement is finished but does not specify the scope. A prospective buyer should inquire about the renovation’s date, the quality of finishes, and whether it includes legal egress, a bathroom, or a secondary suite potential.
4. How does the lot size impact the property?
At 4,914 sqft, the lot is above average for the street. This typically allows for more private outdoor space, larger gardens, or deck areas compared to many neighbouring properties, which is a key differentiator.
5. Why are the street-level rankings lower than the city-wide ones?
This is common in sought-after, homogeneous neighbourhoods like Bridgwater Forest. The homes are all relatively new and desirable, so competition is high. Ranking in the middle of this street still means you are in a top-tier Winnipeg location, just surrounded by similar-quality properties.
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