59.6
Fair
Property score
59.6
Fair
Overall 59.6
Smaller and older than most nearby homes
1,047 sqft (bottom 25%)
Built in 1964 (7 yrs older than avg)
Located in a above-average income area
with median household income of ~65k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 school, 2 shops, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 74%Tagalog · 3%
Past 10 years Heritage Park sales snapshot (~80% of all data)
295
501.3k
$272/sqft
1971
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59.6 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: #46110281
$65K
Median household income
$70K
Average household income
21%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.3
P90 / P10 ratio
37%
Single-person households
22%
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
17 Valley View Drive — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 234 m), 2 shopping (nearest 339 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 2% | Bottom 6% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 17 Valley View Drive, Heritage Park, Winnipeg
Key Characteristics & Buyer Profile
This one-storey home, built in 1964, is a practical and straightforward property in Winnipeg's Heritage Park neighbourhood. With 1,047 sqft of living space and a renovated basement, it offers functional, single-level living on a standard 5,514 sqft lot. The home lacks a garage or pool, emphasizing its no-fuss nature.
Its primary appeal lies in its value proposition and renovation potential. The assessed value is notably below average for its immediate street and neighbourhood, which could indicate an opportunity for a buyer comfortable with a home that may require updates or who values a lower property tax base. It suits first-time buyers, downsizers seeking a manageable layout, or investors looking for an entry point into the market. A thoughtful perspective is that its "below average" metrics on its own street might offer more privacy or a quieter setting compared to larger, more prominent homes, while still providing the stability of an established community.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighbouring homes?
While the exact reason isn't specified, a significantly lower assessment compared to immediate neighbours can stem from factors like a smaller footprint, differences in finish quality, or a lag in assessment updates following renovations. It's a key point to investigate further.
2. What does having a renovated basement entail?
The listing notes a renovated basement, but the scope and quality of the renovation are not detailed. Buyers should inquire about the work done, when it was completed, whether permits were obtained, and if it added legal living space.
3. Is the lack of a garage a major concern?
This depends on lifestyle. For some, it's a drawback requiring alternative parking or storage solutions. For others, it simplifies upkeep and reduces costs. The on-street parking situation on Valley View Drive should be evaluated.
4. How does the sold price history from 2016 help determine current value?
The 2016 sale provides a historical benchmark, but the market has changed significantly since then. It's more useful for understanding long-term ownership patterns than for pinpointing today's market value, which requires analysis of recent, comparable sales.
5. The home ranks "around average" citywide but "below average" locally. What does this mean?
This suggests the Heritage Park area generally has larger, newer, or higher-valued homes than many other Winnipeg neighbourhoods. This property is more typical of the broader city market, offering a chance to live in the neighbourhood at a potentially more accessible point.
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