59.0
Fair
Property score
59.0
Fair
Overall 59.0
Smaller and older than most nearby homes
1,080 sqft (bottom 29%)
Built in 1962 (9 yrs older than avg)
Located in a above-average income area
with median household income of ~65k
Transit 76.0
1-min walk to transit with 1 nearby route
Within 500m: 1 school, 2 shops, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Below average
9 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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59.0 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
3 Valley View Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 299 m), 2 shopping (nearest 315 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 5% | Bottom 9% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
3 Valley View Drive is a one-storey home in Winnipeg's Heritage Park neighbourhood. Built in 1962, it features 1,080 sqft of living space, a renovated basement, and a detached garage on a 5,494 sqft lot. Its assessed value is $31,800.
Key Characteristics & Appeal
This home presents a practical opportunity in a mature neighbourhood. Its core appeal lies in being a solid, no-frills property with one major update already in place—the renovated basement. The living space is modest but functional, and the detached garage adds utility. The lot size is smaller than many on its street, which can mean less yard maintenance.
It would suit a first-time buyer, a downsizer, or an investor looking for an affordable entry into the market. The numbers suggest it’s not the largest or newest home on the block, but it holds its own citywide. This is a property for someone who values a move-in-ready basement and prefers a simpler, manageable footprint over a showpiece home. A thoughtful perspective is that a smaller lot in an established area like Heritage Park can offer a greater sense of community and less weekend yard work, shifting the focus from upkeep to living.
Frequently Asked Questions
1. How does this home compare to others on the street?
The home is older and sits on a smaller lot than most direct neighbours, but its living area is closer to the street average. Its assessed value is in the lower tier for Valley View Drive.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope or finish. This is a key detail to clarify with the seller or agent to understand the quality and permitted use of the space.
3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value of $31,800 is for municipal tax purposes. The last recorded sale was in 2017 for an estimated $24.5k–$27.5k. Market conditions will determine the current price.
4. What are the implications of the home's age?
Built in 1962, major systems like roof, plumbing, or wiring may be original or nearing the end of their service life. A thorough inspection is advised, but the age also means the home is in a long-established, stable neighbourhood.
5. How can I get the exact historical sale price?
The exact sold price is not publicly listed. You can request it by email through the listing site; they provide this data manually without using your email for marketing.
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