Property score
91.0
Excellent
Overall 91.0 · Larger and newer than most nearby homes
2,309 sqft (top 30%) · Built in 2012 (1 yr newer than avg)
Located in a high-income area with median household income of ~109k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 schools nearby
Living Area
Above average
12% 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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91.0 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
71 Park Valley Road — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 189 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 | Top 19% | Top 12% | Top 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 14% | Bottom 39% | Top 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 71 Park Valley Road, Bridgwater Forest
Key Characteristics & Appeal
This two-storey home in Bridgwater Forest is defined by its generous scale and established position within a sought-after community. Built in 2012, it sits on an exceptionally large lot of over 10,000 sq ft, ranking in the top 20% of its street for land area. The living space of 2,309 sq ft is notably spacious, placing it in the top 4% of all Winnipeg homes for size. While the basement is unfinished, it presents a clear opportunity for future customization.
The appeal lies in a combination of space, location, and proven value growth. The property is not just large, but consistently ranks highly against its peers—often in the top 10-20% for key metrics across Winnipeg. Its sale history shows significant appreciation, from $541,000 in 2016 to $780,000 in 2022, indicating strong market confidence in the area. This home would suit buyers looking for a substantial family home in a mature, newer neighbourhood, particularly those who value above-average indoor and outdoor space and see potential in personalizing an unfinished area over time. It’s a solid choice for long-term owners who prioritize lot size and community standing over move-in-ready perfection.
Frequently Asked Questions
Q: How does the lot size compare to typical properties in Winnipeg?
A: The 10,247 sq ft lot is a standout feature, placing it in the top 6% of all residential properties in Winnipeg for land area. In Bridgwater Forest, it's in the top 9%.
Q: The last sale was in 2022 for $780k, but the assessed value is much lower. Why?
A: Municipal assessed value for tax purposes often lags behind the current market value, which is determined by recent sales of comparable homes. The 2022 sale price is a more current indicator of its market worth.
Q: What does the ranking data (e.g., "Top 4% in Winnipeg") actually tell me?
A: These percentile rankings directly compare this home to every other property in the city for that specific trait. For example, being in the top 4% for living area means it is larger than 96% of Winnipeg homes, highlighting its relative spaciousness.
Q: The home is newer (2012), but is it older or newer than most in the area?
A: Built in 2012, it is newer than 93% of homes on its street (top 7%) and 89% of homes in Winnipeg. However, within the broader Bridgwater Forest neighbourhood, which has many new builds, it is newer than only 68% of properties, placing it in the middle range for that specific community.
Q: Are the nearby and similarly assessed properties good indicators of value?
A: The listed nearby properties simply show proximity. The homes with similar assessed values are spread across different neighbourhoods and are primarily useful for understanding tax assessment comparisons, not for determining market value or direct competition, as lot size, location, and condition vary greatly.
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