118 Acheson Drive

Heritage Park, Winnipeg

Property score

67.9

Good

Overall 67.9 · Newer than most nearby homes

1,120 sqft (bottom 38%) · Built in 1975 (4 yrs newer than avg)

Located in a high-income area with median household income of ~91k

Transit 56.0 · 5-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

English · 89%French · 2%

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

67.9 is composed by the two sections below.

Property Score

62.9Fair
Living Area1,120 sqft60Fair
Year Built197558Fair
Lot Size5,771 sqft74Good
Neighbourhood Sales Activity85Excellent

Community Score

75.4Good
Household Income81Excellent
Education Level44Low
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110299

Community deep dive

$91K

Median household income

$108K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

32%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)642
Labour force participation rate66%
Median age48.0
Avg household size2.2
Unemployment rate6%
Population density2292 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households32%
Couple families with children22%
Median household income (2020)$91K

Housing

Renter households18%
Condominium dwellings25%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority10%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 89%
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

around average
1,120 sqft
0255075100
Same streetTop 49%Same areaBottom 38%CitywideBottom 42%
Same street · Acheson Drive
#30 / 61
Top 49% · Avg 1,253 sqft
Same area · Heritage Park
#537 / 865
Bottom 38% · Avg 1,319 sqft
Citywide · Winnipeg
#112,617 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
355k
0255075100
Same streetBottom 31%Same areaTop 49%CitywideBottom 48%
Same street · Acheson Drive
#42 / 61
Bottom 31% · Avg 386.3k
Same area · Heritage Park
#420 / 865
Top 49% · Avg 370.6k
Citywide · Winnipeg
#101,160 / 194,458
Bottom 48% · Avg 390.1k

Year Built

above average
1975
0255075100
Same streetBottom 28%Same areaTop 28%CitywideTop 40%

Lot Size

around average
5,771 sqft
0255075100
Same streetTop 39%Same areaTop 48%CitywideTop 37%

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

118 Acheson Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 497 m), 2 parks (nearest 123 m).

Search radius
🏫Education1
🌳Parks2

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 11/2020CA$300k–350k
Sold price

Same street

Bottom 45%

Same area

Bottom 41%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 118 Acheson Drive, Winnipeg

Property Overview: 118 Acheson Drive, Heritage Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Heritage Park offers practical, grounded living. Built in 1975, it features 1,120 sqft of living space and sits on a 5,771 sqft lot, with a renovated basement and a detached garage. The data presents a home of consistent averages: its size, assessed value, and lot are all squarely in the middle range for its street, neighbourhood, and wider city. This isn’t a standout for sheer size or modern build year, but rather for its balance and stability.

The appeal lies in its predictability and established setting. It suits a first-time homebuyer or a downsizer seeking a manageable, single-level layout in a mature neighbourhood without the premium of a newly built home. The renovated basement adds functional space, and the detached garage offers flexibility. A thoughtful perspective is that a home ranking "around average" across multiple metrics can represent a lower-risk, known quantity in the market—what you see is largely what you get, without the volatility or premium of a top-tier property. It’s a home for those who value community and practicality over flashier features.

Section 2: Frequently Asked Questions

1. Is this home a good value compared to others on the street?
The assessed value is slightly below the street average, while the living area is also modestly smaller. This could indicate a relatively fair valuation for its offering, not an underpriced opportunity.

2. What does the "renovated basement" likely include?
The listing notes it's renovated but provides no details. Buyers should inquire specifically about the finish, ceiling height, permits, and whether it includes a bathroom or secondary living space to understand its true utility.

3. How does the 1975 build year affect the home?
It’s newer than many city-wide but slightly older than most on its street. This suggests major components like the roof, windows, or heating system may be in a stage of their lifecycle where inspection is crucial, but the home isn't among the oldest stock.

4. What is the significance of the lot size?
At just under 6,000 sqft, the lot is fairly standard. It provides adequate outdoor space but isn't oversized. The ranking suggests it's on the smaller side city-wide, so expectations should be set for a typical backyard, not an expansive one.

5. Why is the last sold price (2020) shown as a range?
The exact sale price is not publicly available in all records. The provided range is estimated from market data. For the precise figure, you must request it directly from the listing service, as noted on the page.

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