120 Valley View Drive

Heritage Park, Winnipeg

Property score

60.0

Fair

Overall 60.0 · Compared with neighbourhood average

1,206 sqft (top 49%) · Built in 1966 (5 yrs older than avg)

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

Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 1 school, 3 parks, 7 sports facilitys, and 1 place of worship nearby

Living Area

Near average

9% 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

60.0 is composed by the two sections below.

Property Score

67.0Good
Living Area1,206 sqft66Good
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
1,206 sqft
0255075100
Same streetTop 38%Same areaTop 49%CitywideTop 50%
Same street · Valley View Drive
#53 / 139
Top 38% · Avg 1,289 sqft
Same area · Heritage Park
#424 / 865
Top 49% · Avg 1,319 sqft
Citywide · Winnipeg
#96,304 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

above average
385k
0255075100
Same streetTop 20%Same areaTop 31%CitywideTop 42%
Same street · Valley View Drive
#28 / 139
Top 20% · Avg 360.9k
Same area · Heritage Park
#266 / 865
Top 31% · Avg 370.6k
Citywide · Winnipeg
#82,459 / 194,458
Top 42% · 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

120 Valley View Drive — 12 amenities found within 500 m, across 4 categories, including 1 education (nearest 293 m), 3 parks (nearest 112 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 10/2019CA$250k–300k
Sold price

Same street

Bottom 9%

Same area

Bottom 15%

City-wide

Bottom 34%
Sold 6/2019CA$200k–250k
Sold price

Same street

Bottom 1%

Same area

Bottom 5%

City-wide

Bottom 22%

Related homes

Highlights & common questions: 120 Valley View Drive, Winnipeg

Property Overview: 120 Valley View Drive, Heritage Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Heritage Park offers a practical and comfortable living space. Its key features include 1,206 sqft of living area, a renovated basement, a detached garage, and a notably generous 6,872 sqft lot that ranks above average for both the neighbourhood and the city. Built in 1966, the home presents a solid, established foundation.

The appeal lies in its balance of space and location. The above-average lot size is a significant asset, offering ample outdoor potential in a mature neighbourhood. The renovated basement adds immediate functional living space. Data suggests the property holds its value well, with an assessed value that ranks highly on its own street. It’s a home that offers more yard than typical, without a corresponding premium in square footage.

This property would suit a buyer looking for a manageable, single-level layout with room to grow outdoors—perfect for gardening, pets, or family play. It’s also ideal for someone who values a renovated basement for a family room, home office, or guest space and appreciates the character and stability of an established community like Heritage Park.


Section 2: Frequently Asked Questions

1. How does the property’s value compare to the area?
The home’s assessed value is above average for Valley View Drive itself (top 20%) and sits around the average for the wider Heritage Park neighbourhood. This suggests it is a well-regarded property on its specific street.

2. What is the significance of the lot size?
At nearly 7,000 sqft, the lot is a standout feature. It ranks above average for both Heritage Park and Winnipeg overall, offering more private outdoor space than many comparable properties—a valuable perk for privacy, recreation, or future expansion.

3. Has the home been updated recently?
The listing confirms the basement has been renovated, adding modern, finished living space. The main level, given the home’s age, may present an opportunity for cosmetic updates to suit a new owner’s taste.

4. What are the recent sold prices for this home?
Public records show estimated sale ranges in 2019. For precise, verified sold prices from those transactions, you can request the exact history via email from the listing source.

5. What is the neighbourhood like for similar homes?
Heritage Park features homes primarily from the 1960s and 70s. This home is typical for its era in terms of living area and age, but offers a larger-than-typical yard. The detached garage is a common feature, adding convenient storage or workshop space.

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