Property score
79.6
Good
Overall 79.6 · Larger than most nearby homes
1,600 sqft (top 19%) · Built in 1967 (4 yrs older than avg)
Located in a high-income area with median household income of ~125k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 2 shops nearby
Living Area
Above average
21% larger than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 90%French · 1%
Past 10 years Heritage Park sales snapshot (~80% of all data)
295
501.3k
$272/sqft
1971
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79.6 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: #46110283
$125K
Median household income
$128K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
10%
Single-person households
46%
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
16 Valley View Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 287 m), 2 shopping (nearest 381 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%
16 Valley View Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 16 Valley View Drive, Heritage Park
Key Characteristics & Appeal
This well-situated one-storey home in Heritage Park offers solid, above-average space both inside and out. With 1,600 sqft of living area and a 7,384 sqft lot, the property provides more room than most comparable homes in its immediate area and across Winnipeg. A key feature is the renovated basement, adding functional living space. Built in 1967, the home is typical for its neighbourhood era.
The appeal lies in its established, quiet location on Valley View Drive and its tangible metrics: it consistently ranks in the top 20-30% of local peers for living space, lot size, and assessed value. This isn't a flashy property, but a substantively spacious one. It suits practical buyers looking for a move-in-ready layout with a renovated lower level, perhaps young families needing room to grow or downsizers seeking single-level living without sacrificing square footage. The lack of a garage may appeal to those prioritizing lower maintenance or with plans for a custom shed or workshop.
Frequently Asked Questions
1. What does the "above average" ranking actually mean for a buyer?
It means that compared to similar homes on its street, in Heritage Park, and citywide, this property offers more living space and a larger lot than most of its peers. This often translates to better long-term value and desirability.
2. Is the renovated basement a legal suite?
The listing specifies a renovated basement, but not a legal secondary suite. Buyers should verify its compliance with local regulations and intended use with the municipality.
3. How does the lack of a garage affect property value and convenience?
While some buyers may see this as a drawback, the above-average assessed value suggests the property's other strengths compensate. On-street parking is likely the norm for the street, as seen with nearby properties.
4. The home was built in 1967. What should I be aware of?
While the basement has been renovated, a home of this age may have original major systems (like plumbing, electrical, or the roof) that require inspection to assess their remaining lifespan and potential need for updating.
5. The assessed value seems low compared to the city-wide average. Why?
The assessed value of approximately $38.7k is a municipal assessment for tax purposes, not a market price. Market value is determined by recent sales of comparable properties. The key takeaway is that this home's assessment is above average for its specific local area.
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