59.0
Fair
Property score
59.0
Fair
Overall 59.0
Smaller and older than most nearby homes
1,046 sqft (bottom 21%)
Built in 1963 (8 yrs older than avg)
Located in a above-average income area
with median household income of ~65k
Transit 74.0
5-min walk to transit with 2 nearby routes
Within 500m: 1 school, 1 shop, 1 park, and 1 sports facility 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
8 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
37 Valley View Drive — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 268 m), 1 shopping (nearest 461 m), 1 parks (nearest 471 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 | Top 35% | Top 34% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 37 Valley View Drive, Heritage Park, Winnipeg
Key Characteristics & Appeal
This 1963 bi-level home at 37 Valley View Drive presents a practical opportunity in Winnipeg's Heritage Park neighbourhood. With 1,046 sqft of living space and a renovated basement, it offers functional, move-in-ready space. The home sits on a standard 5,497 sqft lot with a detached garage. Its assessed value is positioned around the city-wide average, suggesting a fair market alignment.
The primary appeal lies in its value proposition and established location. The home is priced accessibly relative to its area, making it a sensible entry point into the market. It suits first-time buyers seeking a solid starter home without major immediate projects, or downsizers looking for manageable space with the convenience of a main-floor living layout typical of a bi-level. A thoughtful perspective is that while the home's living area is below average for its immediate street and neighbourhood, this can translate to lower utility costs and less maintenance—an often-overlooked advantage for budget-conscious owners. Its older vintage (1963) means potential for character, but buyers should be prepared for the update cycles typical of homes from this era.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,046 sqft, the living area is below the average for both Valley View Drive and the wider Heritage Park neighbourhood. This indicates a more compact footprint compared to many nearby homes.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is around the average for the city and neighbourhood. It serves as a baseline for municipal taxation, but the final sale price will be determined by current market conditions, the home’s specific condition, and buyer demand.
3. What does the sold price history show?
Public records indicate a sale in May 2023 within the range of $365,000 to $395,000. For the exact sale price, you can request details via the provided email service.
4. What are the implications of the home being built in 1963?
As a home from the early 1960s, major components like the roof, windows, plumbing, and electrical systems may have been updated or could be nearing their functional lifespan. A thorough inspection is recommended to understand the condition and timing of any future capital investments.
5. How does the lot size compare?
The lot of 5,497 sqft is fairly standard, sitting close to the average for the city. It provides typical backyard space for the area but is not considered unusually large or small for the neighbourhood.
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