79 Park Valley Road

Bridgwater Forest, Winnipeg

Property score

86.5

Excellent

Overall 86.5 · Newer than most nearby homes

1,844 sqft (bottom 33%) · Built in 2014 (3 yrs 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

Below average

10% smaller than neighborhood avg.

Year Built

Above average

3 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

86.5 is composed by the two sections below.

Property Score

87.8Excellent
Living Area1,844 sqft89Excellent
Year Built201494Excellent
Lot Size5,593 sqft74Good
Neighbourhood Sales Activity89Excellent

Community Score

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

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
1,844 sqft
0255075100
Same streetBottom 16%Same areaBottom 33%CitywideTop 16%
Same street · Park Valley Road
#58 / 69
Bottom 16% · Avg 2,257 sqft
Same area · Bridgwater Forest
#748 / 1,121
Bottom 33% · Avg 2,053 sqft
Citywide · Winnipeg
#30,205 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
520k
0255075100
Same streetBottom 3%Same areaBottom 11%CitywideTop 17%
Same street · Park Valley Road
#67 / 69
Bottom 3% · Avg 757.1k
Same area · Bridgwater Forest
#993 / 1,121
Bottom 11% · Avg 684.1k
Citywide · Winnipeg
#32,505 / 194,458
Top 17% · Avg 390.1k

Year Built

Elite
2014
0255075100
Same streetTop 3%Same areaTop 9%CitywideTop 8%

Lot Size

around average
5,593 sqft
0255075100
Same streetBottom 33%Same areaTop 45%CitywideTop 41%

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

79 Park Valley Road — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 173 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%

Sales History

Sold 1/2017CA$400k–450k
Sold price

Same street

Bottom 2%

Same area

Bottom 8%

City-wide

Top 27%

Related homes

Highlights & common questions: 79 Park Valley Road, Winnipeg

Property Overview

79 Park Valley Road presents a well-maintained family home in the popular Bridgwater Forest neighbourhood. Built in 2014, it offers modern construction on a generous 5,593 sqft lot. The home features 1,844 sqft of living space across two storeys and includes a basement (unrenovated) and no garage. Its appeal lies in its balance of a newer build in an established, sought-after community, offering a solid foundation for a growing family.

Key Characteristics & Ideal Buyer

This home’s primary strengths are its lot size, age, and location. The lot is larger than most in the immediate area, offering valuable outdoor space. As a 2014 build, it is newer than over 90% of homes in Winnipeg, suggesting modern building standards and less immediate worry about major system replacements. It sits in a top-tier neighbourhood, Bridgwater Forest, which is a key draw for many buyers.

The appeal here is for the pragmatic buyer who values space and modern fundamentals over turn-key luxury. It suits a young family or a couple looking for a first single-family home in a prime community, who are comfortable with a property that has room to grow into and personalize over time. The lack of a garage and an unfinished basement are trade-offs for the lot size and newer build, making it ideal for buyers who see potential in these spaces for future projects. It’s a home that offers a strong entry point into a desirable area, with the understanding that some investments (like developing the basement or adding parking solutions) could unlock further value.

Frequently Asked Questions

1. Why is the assessed value significantly higher than the last sale price?
The last sale was in early 2017. The current assessed value reflects market appreciation over seven years, particularly in a stable neighbourhood like Bridgwater Forest, and is used for municipal tax purposes, not necessarily setting the final sale price.

2. What does "no garage" mean for daily life and resale?
It means relying on driveway parking. For some buyers, this is a compromise for a larger yard. Future addition of a garage may be possible (subject to bylaws), which some may see as a value-add opportunity.

3. The living area ranks lower than the lot and year-built. What does that indicate?
It suggests the home’s interior square footage is more modest compared to its large lot and modern age. The floor plan may be efficient rather than expansive, focusing living space on the main floors.

4. The basement is noted as "not renovated." What condition is it in?
It is unfinished. This means it has bare walls, concrete floors, and is awaiting development. This provides a blank canvas for future living space, storage, or a recreation room but requires investment.

5. How does the property compare to others on Park Valley Road?
The data shows a mix: its lot size is above average for the street, but its living area and assessed value are below the street's median. This indicates it may be one of the more modestly sized homes on a street with larger or more updated properties, which can be an advantage for price-conscious buyers wanting the location.

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