138 Valley View Drive

Heritage Park, Winnipeg

Property score

63.0

Fair

Overall 63.0 · Larger than most nearby homes

1,500 sqft (top 25%) · Built in 1967 (4 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, 2 shops, 3 parks, and 5 sports facilitys nearby

Living Area

Above average

14% larger 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)

Sold Count

295

Median price

501.3k

$/sqft

$272/sqft

Avg build year

1971

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Property score

63.0 is composed by the two sections below.

Property Score

72.1Good
Living Area1,500 sqft79Good
Year Built196752Fair
Lot Size5,497 sqft67Good
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

above average
1,500 sqft
0255075100
Same streetTop 19%Same areaTop 25%CitywideTop 30%
Same street · Valley View Drive
#27 / 139
Top 19% · Avg 1,289 sqft
Same area · Heritage Park
#217 / 865
Top 25% · Avg 1,319 sqft
Citywide · Winnipeg
#59,220 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

above average
383k
0255075100
Same streetTop 23%Same areaTop 32%CitywideTop 43%
Same street · Valley View Drive
#32 / 139
Top 23% · Avg 360.9k
Same area · Heritage Park
#273 / 865
Top 32% · Avg 370.6k
Citywide · Winnipeg
#83,630 / 194,458
Top 43% · Avg 390.1k

Year Built

above average
1967
0255075100
Same streetTop 28%Same areaBottom 46%CitywideBottom 49%

Lot Size

around average
5,497 sqft
0255075100
Same streetBottom 33%Same areaBottom 42%CitywideTop 43%

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

138 Valley View Drive — 12 amenities found within 500 m, across 5 categories, including 1 education (nearest 201 m), 2 shopping (nearest 384 m), 3 parks (nearest 189 m).

Search radius
🏫Education1
🛒Shopping2
🌳Parks3
💪Sports5
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 4/2022CA$450k–500k
Sold price

Same street

Top 9%

Same area

Top 9%

City-wide

Top 21%

Related homes

Highlights & common questions: 138 Valley View Drive, Winnipeg

Property Overview: 138 Valley View Drive, Heritage Park, Winnipeg

Key Characteristics & Appeal

This well-maintained two-storey home in Heritage Park offers a practical and comfortable living space with notable above-average metrics for its immediate area. Its 1,500 sqft of living space places it in the top 19% of homes on Valley View Drive, providing more room than many neighbouring properties. A key feature is the renovated basement, adding valuable finished space. The home includes an attached garage and sits on a standard 5,497 sqft lot. Built in 1967, it is a mature home in an established neighbourhood.

The appeal lies in its strong positional value within a sought-after street and community. The home consistently ranks above the local average for living area and assessed value, suggesting a property that has been maintained well relative to its peers. It suits buyers looking for a move-in ready, spacious family home in a stable neighbourhood without the premium of a brand-new build. It’s particularly suited for those who value a renovated lower level for extra living space and appreciate the character and established gardens of a mature community. A thoughtful perspective is that while the lot size is average for the area, the above-average interior space offers more home without the proportional increase in yard maintenance.

Frequently Asked Questions

1. How does this home compare in size to others nearby?
At 1,500 sqft, this home is larger than the average on its street (1,289 sqft) and in the Heritage Park area (1,319 sqft), placing it in the top 25% locally for living space.

2. What is the neighbourhood like?
Heritage Park is an established Winnipeg community. The data shows homes here, including this one, typically have above-average living space and assessed values compared to the city-wide average, indicating a desirable and stable area.

3. Has the home been updated?
The listing confirms the basement has been renovated. For updates to other systems (roof, windows, HVAC) or main living areas, a professional home inspection is recommended.

4. What was the last sale price?
Public records indicate a sale in April 2022 in the range of $44.50k to $47.50k. The current assessed value is $38.30k. For the exact historical sold price, you can request the information directly via the listing page.

5. Is the lot size a constraint?
The lot is 5,497 sqft, which is typical for the street and area. It provides a standard urban yard space. Buyers seeking extensive outdoor space may find it average, while those preferring less upkeep may see it as an advantage.

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