7 Park Valley Road

Bridgwater Forest, Winnipeg

Property score

84.3

Excellent

Overall 84.3 · Smaller but newer than most nearby homes

1,672 sqft (bottom 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

Below average

19% smaller 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

84.3 is composed by the two sections below.

Property Score

84.1Excellent
Living Area83
1,672 sqftExcellent
Year Built94
2012Excellent
Lot Size74
5,522 sqftGood
Neighbourhood Sales Activity89
Excellent

Community Score

84.5Excellent
Household Income88
Excellent
Education Level91
Excellent
Housing Stress52
Fair
Core Housing Need88
Excellent
Employment Health83
Excellent

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

above average
1,672 sqft
0255075100
Same streetBottom 9%Same areaBottom 20%CitywideTop 22%
Same street · Park Valley Road
#63 / 69
Bottom 9% · Avg 2,257 sqft
Same area · Bridgwater Forest
#897 / 1,121
Bottom 20% · Avg 2,053 sqft
Citywide · Winnipeg
#42,871 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

Elite
791k
0255075100
Same streetTop 28%Same areaTop 18%CitywideTop 2%
Same street · Park Valley Road
#19 / 69
Top 28% · Avg 757.1k
Same area · Bridgwater Forest
#202 / 1,121
Top 18% · Avg 684.1k
Citywide · Winnipeg
#4,566 / 194,458
Top 2% · Avg 390.1k

Year Built

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

Lot Size

around average
5,522 sqft
0255075100
Same streetBottom 29%Same areaTop 45%CitywideTop 42%

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

7 Park Valley Road — 1 amenities found within 500 m, across 1 categories, including 1 education (nearest 393 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 5/2019CA$600k–650k
Sold price

Same street

Top 45%

Same area

Top 31%

City-wide

Top 5%

Related homes

Highlights & common questions: 7 Park Valley Road, Winnipeg

Property Overview: 7 Park Valley Road, Bridgwater Forest

Key Characteristics & Appeal

This well-situated one-storey home in Bridgwater Forest offers a blend of modern convenience and established community living. Built in 2012, it sits on a generous 5,522 sqft lot, providing ample outdoor space that ranks above average for the street and area. A key feature is its renovated basement, adding valuable finished living space to the 1,672 sqft main floor. The home includes an attached garage for convenience.

Its appeal lies in its strong position within a desirable, relatively new neighbourhood. The property’s assessed value is notably high, ranking in the top 2% of Winnipeg, suggesting it is viewed as a solid asset. While the living area is more modest compared to some neighbours, the combination of a large lot, recent renovations, and the community’s amenities creates a compelling package. This home would suit buyers seeking a move-in ready property with low-maintenance, single-level living in a family-friendly area, particularly those who value outdoor space and a modern basement for recreation or guests. A thoughtful perspective: its excellent assessment ranking, paired with a sale price from 2019 that was significantly lower, may indicate strong appreciation potential or substantial updates since that last sale, presenting an interesting value proposition.


Frequently Asked Questions

1. How does the living space compare to other homes in the area?
The home’s 1,672 sqft of living area is more compact than many on its street and in Bridgwater Forest, ranking in the top 91% (meaning 90% of street listings are larger). This suggests a efficient, manageable floor plan, with the renovated basement effectively expanding the usable space.

2. What does the high assessed value indicate?
With an assessed value ranking in the top 2% for Winnipeg and top 13% for the neighbourhood, the property is officially valued well above most. This typically reflects the lot size, recent renovations, and the desirability of the location, which can be positive for long-term equity.

3. The lot size is noted as a "better" rank. How private is the yard?
At 5,522 sqft, the lot is larger than 71% of those on the street. While specific fencing or landscaping isn't detailed, the above-average dimensions provide a good foundation for outdoor living and privacy relative to other homes in the immediate row.

4. Is the 2019 sale price relevant today?
The home sold for $64.50k in 2019. This historical data primarily shows past appreciation. The current assessed value of $79.10k and market conditions will determine today’s price, but the comparison highlights significant potential growth in value over a short period.

5. What is the neighbourhood feel of Bridgwater Forest?
As a planned community, Bridgwater Forest is known for its modern amenities, parks, trails, and family-oriented design. This property is on a quiet street, with very close neighbours (as shown by the 15m-47m distances to adjacent homes), which is typical for the area’s layout.