Property score
51.7
Fair
Overall 51.7 · Smaller but newer than most nearby homes
786 sqft (bottom 2%) · Built in 1989 (18 yrs newer than avg)
Located in a above-average income area with median household income of ~75k
Transit 64.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 schools, 1 park, and 8 sports facilitys nearby
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Above average
18 yrs newer than neighborhood avg.
Mother tongue
English · 87%French · 3%
Past 10 years Heritage Park sales snapshot (~80% of all data)
295
501.3k
$272/sqft
1971
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51.7 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110300
$75K
Median household income
$96K
Average household income
11%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
31%
Single-person households
15%
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
117 Apple Lane — 11 amenities found within 500 m, across 3 categories, including 2 education (nearest 312 m), 1 parks (nearest 206 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 43% | Bottom 42% | Bottom 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 117 Apple Lane, Heritage Park, Winnipeg
Key Characteristics & Appeal
This 1989 bi-level home at 117 Apple Lane is a compact, efficiently designed property that presents a clear value-oriented opportunity. With 786 square feet of living space and a renovated basement, it offers modern functionality within a modest footprint. Its key appeal lies in its position as a financially accessible entry point into the Winnipeg market, underscored by a notably low municipal assessed value. The home is newer than most in its immediate area and on its street, suggesting potentially fewer major age-related concerns compared to neighborhood averages.
The property would suit first-time buyers or investors seeking a straightforward, lower-maintenance home without a large upfront investment. Its below-average citywide living space and small lot (3,444 sqft) mean it’s best for those comfortable with a cozy layout and minimal outdoor upkeep. A thoughtful perspective is that this home represents a practical “land banking” opportunity in Heritage Park; you’re acquiring a modernized structure in an established neighborhood where the land itself holds long-term value, even if the home’s size is below the area norm.
Frequently Asked Questions
1. Is the low assessed value a red flag?
Not necessarily. It primarily reflects the home’s smaller size relative to the city and even the neighborhood. It indicates a lower property tax burden, which is a key part of its affordability.
2. What does "renovated basement" typically include in a home like this?
In a bi-level, the basement is often a fully finished lower living area, potentially adding bedrooms, a family room, or a laundry area. It’s a major factor in maximizing the usable space in a sub-800 sqft main footprint.
3. How does the lack of a garage affect daily life and value?
It emphasizes the home’s minimalist profile. Buyers should plan for street parking and consider the impact on winter convenience and storage. This is a common trade-off for affordability in older neighborhoods.
4. The home is newer than most on the street. Is that an advantage?
Yes. Being built in 1989, it likely benefits from more modern construction standards, wiring, and insulation than many of its older neighbors, which can mean lower immediate repair costs and better energy efficiency.
5. The lot is smaller than the area average. What are the implications?
It means less yard maintenance and lower landscaping costs—an advantage for those seeking simplicity. However, it also limits expansion potential and private outdoor space, so it’s ideal for buyers who prioritize the home’s interior and location over a large yard.
