53 Valley View Drive

Heritage Park, Winnipeg

Property score

80.5

Excellent

Overall 80.5 · Larger than most nearby homes

1,880 sqft (top 8%) · Built in 1968 (3 yrs older than avg)

Located in a high-income area with median household income of ~125k

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, and 1 sports facility nearby

Living Area

Above average

43% larger than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 90%French · 1%

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

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Property score

80.5 is composed by the two sections below.

Property Score

79.1Good
Living Area1,880 sqft89Excellent
Year Built196852Fair
Lot Size5,748 sqft74Good
Neighbourhood Sales Activity85Excellent

Community Score

82.6Excellent
Household Income91Excellent
Education Level44Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110283

Community deep dive

$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

Population, labour & age

Population (2021)402
Labour force participation rate76%
Median age41.6
Avg household size2.9
Unemployment rate6%
Population density3092 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households10%
Couple families with children46%
Median household income (2020)$125K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)5%
Visible minority15%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 90%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,880 sqft
0255075100
Same streetTop 6%Same areaTop 8%CitywideTop 14%
Same street · Valley View Drive
#9 / 139
Top 6% · Avg 1,289 sqft
Same area · Heritage Park
#68 / 865
Top 8% · Avg 1,319 sqft
Citywide · Winnipeg
#27,501 / 194,458
Top 14% · Avg 1,342 sqft

Tax-Assessed Value

Elite
468k
0255075100
Same streetTop 4%Same areaTop 11%CitywideTop 25%
Same street · Valley View Drive
#6 / 139
Top 4% · Avg 360.9k
Same area · Heritage Park
#95 / 865
Top 11% · Avg 370.6k
Citywide · Winnipeg
#49,066 / 194,458
Top 25% · Avg 390.1k

Year Built

Elite
1968
0255075100
Same streetTop 5%Same areaTop 49%CitywideTop 50%

Lot Size

around average
5,748 sqft
0255075100
Same streetBottom 42%Same areaTop 50%CitywideTop 38%

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

53 Valley View Drive — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 342 m), 1 parks (nearest 409 m).

Search radius
🏫Education1
🌳Parks1
💪Sports1

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 8/2024CA$500k–550k
Sold price

Same street

Top 5%

Same area

Top 4%

City-wide

Top 12%
Sold 10/2021CA$550k–600k
Sold price

Same street

Top 2%

Same area

Top 3%

City-wide

Top 10%

Related homes

Highlights & common questions: 53 Valley View Drive, Winnipeg

Property Overview: 53 Valley View Drive, Heritage Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated two-storey home in Heritage Park offers above-average space and value in a mature neighbourhood. Its key characteristic is its generous 1,880 sqft living area, which places it in the top 6-8% of homes on its street and in the area, providing more room than typical comparables. The home benefits from a renovated basement and a detached garage. Built in 1968, it is slightly newer than many immediate neighbours, adding a subtle advantage. The assessed value is notably strong, ranking in the elite top 4% on Valley View Drive, suggesting the property is highly regarded relative to its local market.

The appeal lies in its established community setting combined with above-average interior space and a modernized basement. It suits buyers looking for a move-in-ready home with room to grow in a quiet, established area, without the premium of a brand-new build. It would particularly fit growing families or professionals who value space over a sprawling lot, as the property offers a standard-sized yard. A thoughtful perspective is that this home represents a "value anchor" on its street—its consistent high assessment and recent solid sale history indicate a stable and desirable property that likely sets a benchmark for the block.

Section 2: Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 1,880 sqft, this home is significantly larger than the average for Heritage Park (approx. 1,319 sqft) and its own street (approx. 1,289 sqft), placing it in the top tier for interior space in the immediate area.

2. What does the "elite" assessed value ranking mean?
The assessment ranks in the top 4% on its street. This typically indicates the municipal assessment is high relative to neighbours, often reflecting desirable features, updates, or overall property condition that the city recognizes for taxation purposes.

3. Is the lot size typical for the area?
Yes. The 5,748 sqft lot is around the average for both Heritage Park and the city, offering a standard urban yard size without being unusually large or small for the neighbourhood.

4. What is the significance of the recent sale price ranges shown?
The listed sale price ranges from 2021 and 2024 show the home has transacted at prices consistently in the top 2-12% of comparable sales city-wide, indicating strong market performance and buyer demand for this specific property.

5. Are homes from 1968 likely to have major issues?
While age alone doesn't dictate issues, a 1968 home will have components nearing the end of their lifespan. The renovated basement is a positive update, but a thorough inspection of the roof, wiring, plumbing, and foundation is always recommended for homes of this vintage.

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