Property score
53.3
Fair
Overall 53.3 · Smaller than most nearby homes
1,047 sqft (bottom 25%) · 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, 2 shops, 3 parks, and 3 sports facilitys nearby
Living Area
Below average
21% 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)
295
501.3k
$272/sqft
1971
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53.3 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
140 Valley View Drive — 10 amenities found within 500 m, across 5 categories, including 1 education (nearest 186 m), 2 shopping (nearest 367 m), 3 parks (nearest 189 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 | Bottom 37% | Bottom 46% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 140 Valley View Drive, Heritage Park, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 140 Valley View Drive is a solid, mid-century property that represents a classic entry point into Winnipeg’s Heritage Park neighborhood. Built in 1966, its 1,047 sqft of living space and 5,497 sqft lot are consistently "around average" when compared to homes on its street, in the area, and citywide. A key feature is its renovated basement, adding valuable finished space. The home lacks a garage or pool, keeping maintenance simpler.
Its primary appeal lies in its established location and straightforward practicality. It’s not an outlier in size, value, or lot, which can be a positive for buyers seeking a stable, predictable property without extreme premiums or compromises. The recent sale in late 2024 suggests a modern, market-tested value. This home would suit first-time buyers looking for a manageable footprint, downsizers seeking single-level living (with the basement providing extra room), or pragmatic investors attracted to a turnkey property in a mature neighborhood. It’s for those who prioritize location and function over standout luxury features.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in Heritage Park?
At 1,047 sqft, it is below the area average for comparable homes (1,319 sqft), ranking in the top 75%. This indicates a more compact footprint, which can mean lower utility costs and less upkeep.
2. What is the significance of the assessed value versus the recent sold price?
The city’s assessed value is $340k. The home sold for between $325k and $355k in late 2024. The sold price falling within that range confirms the assessment is current and the market value is aligned with municipal evaluation.
3. Is the lack of a garage a major concern?
It depends on lifestyle. Many homes in older neighborhoods lack garages. The lot provides space for driveway parking and potential future structures, like a shed or carport, subject to city bylaws.
4. The home is nearly 60 years old. What should I be aware of?
While the basement has been renovated, a standard inspection is crucial to assess the condition of core systems (roof, plumbing, electrical, foundation) common to homes of this era. Its age is typical for the street and area.
5. The lot seems smaller than some neighbors'. Is that a drawback?
The lot is slightly below the street average but still offers a decent outdoor space. For many, a smaller lot reduces landscaping labor while still providing private yard area—a balanced trade-off.
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