116 Valley View Drive

Heritage Park, Winnipeg

Property score

54.9

Fair

Overall 54.9 · Compared with neighbourhood average

1,084 sqft (bottom 31%) · Built in 1966 (5 yrs older than avg)

Located in a average-income area with median household income of ~54.4k

Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 school, 3 parks, 7 sports facilitys, and 1 place of worship nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 82%French · 3%

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

54.9 is composed by the two sections below.

Property Score

58.6Fair
Living Area1,084 sqft52Fair
Year Built196652Fair
Lot Size6,872 sqft85Excellent
Neighbourhood Sales Activity85Excellent

Community Score

49.4Low
Household Income58Fair
Education Level34Low
Housing Stress83Excellent
Core Housing Need38Low
Employment Health15Low

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: #46110282

Community deep dive

$54K

Median household income

$58K

Average household income

33%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.2

P90 / P10 ratio

43%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)697
Labour force participation rate38%
Median age36.0
Avg household size2.4
Unemployment rate18%
Population density4646 / km²

Households & income

Low income (LIM-AT, % pop.)33%
Single-person households43%
Couple families with children15%
Median household income (2020)$54K

Housing

Renter households65%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority22%
Bachelor's or higher (25–64)19%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,084 sqft
0255075100
Same streetBottom 36%Same areaBottom 31%CitywideBottom 38%
Same street · Valley View Drive
#89 / 139
Bottom 36% · Avg 1,289 sqft
Same area · Heritage Park
#596 / 865
Bottom 31% · Avg 1,319 sqft
Citywide · Winnipeg
#120,815 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
336k
0255075100
Same streetBottom 30%Same areaBottom 34%CitywideBottom 41%
Same street · Valley View Drive
#97 / 139
Bottom 30% · Avg 360.9k
Same area · Heritage Park
#568 / 865
Bottom 34% · Avg 370.6k
Citywide · Winnipeg
#114,442 / 194,458
Bottom 41% · Avg 390.1k

Year Built

around average
1966
0255075100
Same streetTop 50%Same areaBottom 39%CitywideBottom 48%

Lot Size

above average
6,872 sqft
0255075100
Same streetTop 40%Same areaTop 29%CitywideTop 18%

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

116 Valley View Drive — 12 amenities found within 500 m, across 4 categories, including 1 education (nearest 313 m), 3 parks (nearest 118 m).

Search radius
🏫Education1
🌳Parks3
💪Sports7
Worship1

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 6/2019CA$300k–350k
Sold price

Same street

Bottom 26%

Same area

Bottom 31%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 116 Valley View Drive, Winnipeg

Property Overview: 116 Valley View Drive, Heritage Park, Winnipeg

Section 1: Key Characteristics & Appeal

This 1966 three-level split home in Heritage Park offers a practical and grounded living opportunity. With 1,084 sqft of living space, it sits comfortably around the average for its street, neighbourhood, and city, presenting a manageable size for many households. A key feature is the renovated basement, adding modernized living space. The detached garage and a notably generous 6,872 sqft lot—which ranks above average for both the neighbourhood and city—provide valuable outdoor space and potential.

The home’s appeal lies in its established community setting and its balanced metrics. It’s not an outlier in size or assessed value, which can signal stability and predictability rather than over-improvement for the area. It would suit first-time buyers seeking a solid entry into homeownership with room to grow, or downsizers looking for a manageable property with a larger-than-typical lot for gardening or outdoor enjoyment. The renovated basement adds immediate utility without the need for a major project.

Section 2: Frequently Asked Questions

1. How does this home compare to others in the area?
The home is consistently around average for its living area, year built, and assessed value on its street and in Heritage Park. Its standout feature is the land area, which is above average for the neighbourhood and city, offering a larger yard than many comparable properties.

2. What is the significance of the "renovated basement"?
While the details aren’t specified, a renovated basement typically means the lower-level living space has been updated. It’s important to clarify the scope, quality, and whether it includes a legal secondary suite or simply finished recreational space.

3. What can the sold price history tell me?
The home sold in June 2019 for an estimated range. This provides a historical benchmark, but market conditions have likely changed. The assessed value is a separate figure used for property tax calculation, not a direct indicator of current market value.

4. What are the considerations with a home built in 1966?
While the core systems may have been updated, a home of this age may still have original components like plumbing, electrical, or windows. A thorough inspection is recommended to understand the condition and anticipate any potential updates needed.

5. Who are the likely neighbours?
The listing shows nearby properties on the same street, suggesting a stable, established streetscape. The similar assessed values of comparison properties in other neighbourhoods indicate this home fits a recognizable value profile within Winnipeg.

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