159 Valley View Drive

Heritage Park, Winnipeg

Property score

52.6

Fair

Overall 52.6 · Smaller than most nearby homes

1,047 sqft (bottom 25%) · Built in 1965 (6 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 4 sports facilitys nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Below average

6 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

52.6 is composed by the two sections below.

Property Score

54.7Fair
Living Area1,047 sqft52Fair
Year Built196546Low
Lot Size5,496 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

around average
1,047 sqft
0255075100
Same streetBottom 31%Same areaBottom 25%CitywideBottom 33%
Same street · Valley View Drive
#96 / 139
Bottom 31% · Avg 1,289 sqft
Same area · Heritage Park
#646 / 865
Bottom 25% · Avg 1,319 sqft
Citywide · Winnipeg
#130,585 / 194,458
Bottom 33% · Avg 1,342 sqft

Tax-Assessed Value

around average
323k
0255075100
Same streetBottom 17%Same areaBottom 24%CitywideBottom 36%
Same street · Valley View Drive
#116 / 139
Bottom 17% · Avg 360.9k
Same area · Heritage Park
#655 / 865
Bottom 24% · Avg 370.6k
Citywide · Winnipeg
#123,498 / 194,458
Bottom 36% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetBottom 24%Same areaBottom 33%CitywideBottom 47%

Lot Size

around average
5,496 sqft
0255075100
Same streetBottom 22%Same areaBottom 35%CitywideTop 44%

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

159 Valley View Drive — 10 amenities found within 500 m, across 5 categories, including 1 education (nearest 202 m), 1 shopping (nearest 427 m), 3 parks (nearest 199 m).

Search radius
🏫Education1
🛒Shopping1
🌳Parks3
💪Sports4
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 8/2020CA$300k–350k
Sold price

Same street

Bottom 16%

Same area

Bottom 23%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 159 Valley View Drive, Winnipeg

Property Overview: 159 Valley View Drive, Heritage Park, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This 1965 bi-level home at 159 Valley View Drive is a practical and affordable entry into Winnipeg’s Heritage Park neighbourhood. With 1,047 sqft of living space and a renovated basement, it offers functional, no-frills living. The home sits on a 5,496 sqft lot, which is modest for the immediate street but typical for the wider area.

Its primary appeal lies in its value positioning. The home’s assessed value is consistently below the average for its immediate street and neighbourhood, suggesting a potentially lower entry point. This creates an opportunity for buyers who prioritize location and a solid foundation over size or modern finishes. The renovated basement adds usable space, a key asset in a smaller-footprint home.

This property would best suit first-time buyers, downsizers, or practical investors looking for a straightforward home in an established area. It’s for someone who sees a home built in the mid-60s not as outdated, but as a proven, simple structure with good bones, where value can be added over time. A thoughtful perspective is that its below-average metrics on its own street might mean less property tax burden relative to neighbours, while still providing the benefits of the Heritage Park location.


Frequently Asked Questions

1. How does the size of this home compare to others?
At 1,047 sqft, the living area is slightly below average for Heritage Park and for the city overall, but it is typical for Valley View Drive itself. It represents a compact, efficient layout.

2. What does the assessed value tell me about this property?
The assessed value is below the average for both the street and the neighbourhood. This often indicates a more affordable purchase price, but buyers should investigate if this reflects the home’s condition, lot size, or other factors.

3. The home was built in 1965. What should I consider?
While the core structure is nearly 60 years old, the basement has been renovated. A pre-purchase inspection is highly recommended to evaluate the condition of major aging components like the roof, windows, and plumbing.

4. Is the lot size a disadvantage?
At just under 5,500 sqft, the lot is smaller than many on Valley View Drive. However, it is close to the average for Winnipeg. It offers lower maintenance while still providing private outdoor space.

5. Where can I find the exact historical sale prices?
Exact sold prices are not publicly displayed. The listing service provides an estimated range (e.g., $28.5k–$31.5k in August 2020). You can request the precise figures by emailing them directly through the provided button on the listing page.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.