109 Valley View Drive

Heritage Park, Winnipeg

Property score

76.3

Good

Overall 76.3 · Larger than most nearby homes

1,500 sqft (top 25%) · Built in 1967 (4 yrs older than avg)

Located in a high-income area with median household income of ~125k

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 school, 3 parks, and 5 sports facilitys nearby

Living Area

Above average

14% larger than neighborhood avg.

Year Built

Near average

4 yrs older than neighborhood avg.

Mother tongue

English · 90%French · 1%

Past 10 years Heritage Park sales snapshot (~80% of all data)

Sold Count

295

Median price

501.3k

$/sqft

$272/sqft

Avg build year

1971

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Property score

76.3 is composed by the two sections below.

Property Score

72.1Good
Living Area1,500 sqft79Good
Year Built196752Fair
Lot Size5,496 sqft67Good
Neighbourhood Sales Activity85Excellent

Community Score

82.6Excellent
Household Income91Excellent
Education Level44Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Heritage Park

How to read: Share of sales in each ~$50k price band for “heritage park” (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: #46110283

Community deep dive

$125K

Median household income

$128K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

10%

Single-person households

46%

Families with children

Population, labour & age

Population (2021)402
Labour force participation rate76%
Median age41.6
Avg household size2.9
Unemployment rate6%
Population density3092 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households10%
Couple families with children46%
Median household income (2020)$125K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)5%
Visible minority15%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 90%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,500 sqft
0255075100
Same streetTop 19%Same areaTop 25%CitywideTop 30%
Same street · Valley View Drive
#27 / 139
Top 19% · Avg 1,289 sqft
Same area · Heritage Park
#217 / 865
Top 25% · Avg 1,319 sqft
Citywide · Winnipeg
#59,220 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

above average
382k
0255075100
Same streetTop 24%Same areaTop 32%CitywideTop 43%
Same street · Valley View Drive
#33 / 139
Top 24% · Avg 360.9k
Same area · Heritage Park
#279 / 865
Top 32% · Avg 370.6k
Citywide · Winnipeg
#84,213 / 194,458
Top 43% · Avg 390.1k

Year Built

above average
1967
0255075100
Same streetTop 28%Same areaBottom 46%CitywideBottom 49%

Lot Size

around average
5,496 sqft
0255075100
Same streetBottom 22%Same areaBottom 35%CitywideTop 44%

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

109 Valley View Drive — 9 amenities found within 500 m, across 3 categories, including 1 education (nearest 320 m), 3 parks (nearest 192 m).

Search radius
🏫Education1
🌳Parks3
💪Sports5

Crime & Safety

Heritage Park · WPS public data · 2026

Annual incidents

21

2026

vs. city avg

-29%

relative to avg

Year-over-year

-88%

vs. prior year

Primary type

Property

43%

Sales History

Sold 8/2019CA$350k–400k
Sold price

Same street

Top 40%

Same area

Top 41%

City-wide

Top 41%

Related homes

Highlights & common questions: 109 Valley View Drive, Winnipeg

Property Overview: 109 Valley View Drive, Heritage Park, Winnipeg

Key Characteristics & Appeal

This two-storey home at 109 Valley View Drive is a solid, above-average offering within its immediate neighbourhood. Its primary appeal lies in its generous and recently updated living space. With 1,500 sqft of living area, it ranks in the top 19% of homes on its own street and offers more space than most comparable homes in the Heritage Park area. This is complemented by a renovated basement, adding functional living space, and an attached garage.

The home’s assessed value positions it as a strong, mid-range property within Heritage Park, suggesting a good balance of features for the price point. Built in 1967, it is a typical vintage for the area but benefits from modern updates. A thoughtful perspective is that while the lot size is slightly below average for Valley View Drive, it is on par with the neighbourhood and city-wide averages, indicating a standard, manageable yard for the area rather than an unusually small one.

This property would suit practical buyers looking for move-in-ready space in a stable neighbourhood. It’s ideal for a small family, a professional couple needing a home office, or anyone who values updated interiors and more square footage over having the largest lot on the block. It represents a classic Heritage Park home with the key modern inconvenience of a finished basement already addressed.

Frequently Asked Questions

1. How does this home’s size compare to others?
It offers more living space than most. At 1,500 sqft, it is larger than about 81% of homes on Valley View Drive and 75% of homes in the broader Heritage Park area.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($382,000) is a municipal valuation for tax purposes. The last known sale was between $355,000-$385,000 in August 2019. Market conditions, the home’s updated condition, and buyer demand will determine the final price, but its assessment is firmly in the average-to-above-average range for the neighbourhood.

3. What does the lot size mean for maintenance and potential?
At just under 5,500 sqft, the lot is manageable. It’s smaller than many on its specific street but typical for Winnipeg. This could mean less yard work and a focus on outdoor living spaces like decks or patios rather than extensive landscaping.

4. The home was built in 1967. What should I consider?
While the basement has been renovated, a home of this age may still have original components (like windows, roof, or major systems) that require inspection. Its vintage is very common for Heritage Park, so many neighbours have navigated similar updates.

5. How can I find out the exact historical sale prices?
The provider of this data offers to share the exact sold price history manually via email upon request, as the figures shown are estimated ranges from public data.

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