Property score
55.2
Fair
Overall 55.2 · Smaller than most nearby homes
1,040 sqft (bottom 15%) · Built in 1967 (4 yrs older than avg)
Located in a average-income area with median household income of ~54.4k
Transit 76.0 · 7-min walk to transit with 4 nearby routes · Within 500m: 1 school, 1 shop, 3 parks, and 5 sports facilitys nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 82%French · 3%
Past 10 years Heritage Park sales snapshot (~80% of all data)
295
501.3k
$272/sqft
1971
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55.2 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: #46110282
$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
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
131 Valley View Drive — 11 amenities found within 500 m, across 5 categories, including 1 education (nearest 201 m), 1 shopping (nearest 407 m), 3 parks (nearest 190 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 28% | Top 28% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 131 Valley View Drive, Heritage Park, Winnipeg
Key Characteristics & Appeal
This 1967 bi-level home at 131 Valley View Drive presents a practical opportunity in Winnipeg's Heritage Park neighborhood. Its key characteristics include 1,040 sqft of living space, a renovated basement, and a detached garage. The home sits on a notably generous 7,449 sqft lot, which is larger than most in the immediate area, citywide, and on the street itself. This above-average land size is the property's standout feature, offering valuable outdoor space and potential.
Its appeal lies in its grounded, no-frills practicality. The assessed value is consistent with area averages, suggesting a fair market positioning without premium pricing for the neighborhood. The home last sold in late 2022, providing a relatively recent market benchmark. It would suit first-time buyers or downsizers looking for a manageable footprint without sacrificing yard space, or value-oriented investors seeking a stable rental property in an established area. A less obvious perspective is that while the living area is modest compared to nearby homes, the significant lot size could offer future expansion potential or simply a greater sense of privacy and room to breathe—a trade-off that certain buyers will prioritize.
Frequently Asked Questions
1. Is the living space smaller than other homes in the area?
Yes. At 1,040 sqft, the home's living area is below the average for Heritage Park and for Valley View Drive itself. This indicates a more compact layout compared to many neighbors.
2. What does the "above average" land area ranking mean?
The 7,449 sqft lot is larger than approximately 74% of properties citywide, 81% in Heritage Park, and 74% on Valley View Drive. This is the property's strongest comparative asset.
3. How does the assessed value compare?
The $36.30k assessment is very close to the average for the street, neighborhood, and city. This suggests the property is valued typically for its type and area, not as a premium or discount outlier.
4. The home was built in 1967. Is that older than most?
On Valley View Drive, it is actually newer than most (ranking in the top 28%). In the broader context of Heritage Park and Winnipeg, its 1967 build date is very close to the area averages, making it a typical home for its era in the community.
5. How can I find out the exact price it last sold for?
The sold price history provided is a range. To obtain the exact sale price from December 2022, you can use the email request function on the listing page. The service promises a manual reply by the end of the same day, without using your email for unsolicited marketing.
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