Property score
88.5
Excellent
Overall 88.5 · Larger and newer than most nearby homes
2,656 sqft (top 6%) · Built in 2012 (1 yr newer than avg)
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
29% 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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88.5 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
48 Park Valley Road — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 265 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 24% | Bottom 49% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 48 Park Valley Road, Bridgwater Forest
Key Characteristics & Appeal
This two-storey home in Bridgwater Forest is a modern, well-sized property built in 2012. Its primary appeal lies in offering above-average space and contemporary construction within a sought-after newer neighbourhood. With 2,656 sqft of living area, it ranks in the top 15% of homes on its street and the top 4% within Bridgwater Forest for size, making it a notably spacious option. The home features an attached garage and a renovated basement, adding valuable functional space.
The property’s data reveals a nuanced position: while its assessed value is strong (top 22% in the neighbourhood), its last sold price from 2017 sits around the median. This may suggest an opportunity for buyers in a home that has been upgraded (with the basement renovation) and is newer than most in Winnipeg (top 11% by year built). Its appeal is balanced between tangible assets—like significant square footage and updates—and the less obvious appeal of a home that is newer and larger than the vast majority of local comparables, yet may not command a premium price reflective of those rankings.
This home would suit growing families or professionals seeking move-in-ready space in a modern community. It’s particularly suited for a buyer who values statistical advantages in size and age over immediate prestige on the specific street, and who appreciates the potential in a renovated basement for extra living or recreational space.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s current assessed value is $68,600, which ranks better than 78% of properties in Bridgwater Forest. This indicates it is considered a higher-value home within the neighbourhood itself.
2. When was it last sold and for how much?
The property last sold in April 2017 for $57,500. This sale price at that time was around the median range for the neighbourhood.
3. Is the home newer or older than others nearby?
Built in 2012, the home is newer than 93% of properties on its street and 89% of homes in Winnipeg, offering modern construction and systems.
4. What are the key features of the home?
The listing confirms a renovated basement, an attached garage, and a substantial living area of 2,656 sqft. There is no pool.
5. How does the lot size compare?
The land area is 4,913 sqft. This is a mid-range size for Park Valley Road, ranking better than 14% of lots on the street.
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