55 Park Valley Road

Bridgwater Forest, ਵਿਨੀਪਿਗ

Property score

76.9

Good

Overall 76.9 · Smaller but newer than most nearby homes

1,263 sqft (bottom 3%) · 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: 2 schools nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

38% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

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

76.9 is composed by the two sections below.

Property Score

71.9Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ1,263 sqft66Good
ਤਰੀਕ ਤੋਂ ਬਣਿਆ201294Excellent
ਜ਼ਮੀਨ4,523 sqft60Fair
Neighbourhood Sales Activity89Excellent

Community Score

84.5Excellent
Household Income88Excellent
Education Level91Excellent
Housing Stress52Fair
Core Housing Need88Excellent
Employment Health83Excellent

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Bridgwater Forest

How to read: Share of sales in each ~$50k price band for “bridgwater forest” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
1,263 sqft
0255075100
Same streetਹੇਠਲੇ 1%Same areaਹੇਠਲੇ 3%Citywideਟਾਪ 44%
Same street · Park Valley Road
#68 / 69
ਹੇਠਲੇ 1% · ਔਸਤ 2,257 sqft
Same area · Bridgwater Forest
#1,092 / 1,121
ਹੇਠਲੇ 3% · ਔਸਤ 2,053 sqft
Citywide · ਵਿਨੀਪਿਗ
#86,315 / 194,458
ਟਾਪ 44% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
519k
0255075100
Same streetਹੇਠਲੇ 1%Same areaਹੇਠਲੇ 11%Citywideਟਾਪ 17%
Same street · Park Valley Road
#68 / 69
ਹੇਠਲੇ 1% · ਔਸਤ 757.1k
Same area · Bridgwater Forest
#995 / 1,121
ਹੇਠਲੇ 11% · ਔਸਤ 684.1k
Citywide · ਵਿਨੀਪਿਗ
#32,778 / 194,458
ਟਾਪ 17% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
2012
0255075100
Same streetਟਾਪ 7%Same areaਟਾਪ 19%Citywideਟਾਪ 10%

ਜ਼ਮੀਨ

ਔਸਤ
4,523 sqft
0255075100
Same streetਹੇਠਲੇ 3%Same areaਹੇਠਲੇ 23%Citywideਹੇਠਲੇ 35%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

55 Park Valley Road — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 256 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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

12/2017 ਵਿਚ ਵਿਕਿਆCA$400k–450k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 5%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 8%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 27%

Related homes

ਵਿਨੀਪਿਗ 55 Park Valley Road — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview

This renovated one-storey home in Bridgwater Forest is a study in contrasts. Built in 2012, it offers modern living in a well-established neighbourhood. Its key appeal lies in its move-in readiness, with a renovated basement adding valuable living space. The attached garage and a generous 4,523 sqft lot provide practical suburban comforts. However, the data reveals a nuanced position: while the home is newer than most in Winnipeg and sits on a large lot, its living area is more compact compared to many neighbours. This creates a unique value proposition—it’s a modern, low-maintenance bungalow with ample outdoor space, but not the largest floor plan on the block.

The property would suit first-time buyers or downsizers seeking a single-level layout in a popular community without a major renovation project. It’s also a practical fit for those who prioritize a larger yard for gardening or recreation over a sprawling interior. The significant jump from its 2017 sale price to the current assessed value suggests the area has seen appreciation, which may interest buyers looking for a home with established equity in a growing neighbourhood.

Frequently Asked Questions

Q: How does this home’s size compare to others in Bridgwater Forest?
A: The living area of 1,263 sqft is on the more modest side for the neighbourhood, ranking in the lower 22%. The significant feature is the land size—at over 4,500 sqft, the lot is larger than most, offering valuable outdoor space.

Q: The assessed value seems high relative to the last sale price. What does this indicate?
A: The assessed value is notably higher than the 2017 sale price. This typically reflects strong market appreciation in the area over the past seven years and the value added by the basement renovation, but it’s not a direct predictor of final sale price.

Q: Is the home’s age a positive feature?
A: Yes. Built in 2012, it is newer than approximately 89% of homes in Winnipeg, meaning major components like the roof, windows, and mechanical systems are likely still within their typical lifespan, reducing near-term repair costs.

Q: What is the neighbourhood ranking based on?
A: The rankings compare this specific property against others on its street, in Bridgwater Forest, and across Winnipeg for metrics like lot size, year built, and assessed value. They provide context, showing, for instance, that while the lot is large city-wide, the living space is more compact within the immediate area.

Q: Who might this property not suit?
A: Buyers needing extensive room to grow a family within the main floor living area may find the layout limiting. It’s better suited for those comfortable with a efficient floor plan who value the renovated condition and the potential of the basement and yard.

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