77.0
Good
Property score
77.0
Good
Overall 77.0
Larger than most nearby homes
1,484 sqft (top 27%)
Built in 1968 (3 yrs older than avg)
Located in a high-income area
with median household income of ~125k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 1 school, 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
Above average
13% 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)
295
501.3k
$272/sqft
1971
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77.0 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: #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
56 Valley View Drive — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 406 m), 1 parks (nearest 441 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 16% | Top 18% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 56 Valley View Drive, Heritage Park, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Heritage Park offers a practical and spacious footprint on a generous lot. With 1,484 sqft of living space, it stands above average for its immediate street and neighborhood, providing more room than many comparable homes. A key feature is the renovated basement, adding valuable finished space. The property sits on a large 7,797 sqft lot, offering ample outdoor space for gardening, play, or expansion, which is a notable advantage in the city.
Its appeal lies in its established, quiet location on a street with consistent property values, as evidenced by its above-average assessed value within Heritage Park. Built in 1968, the home is older but well-maintained, representing a classic, solid build in a mature neighborhood. This property would suit a buyer looking for a move-in-ready home with a renovated lower level, or someone who values a larger yard and the potential that comes with it. It’s a strong fit for first-time homeowners seeking space to grow, downsizers wanting single-level living without sacrificing room, or practical investors attracted to a stable area with consistent value.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
The living area is 1,484 sqft, which ranks in the top 23% on its own street and the top 27% in the Heritage Park neighborhood, meaning it is genuinely more spacious than many nearby homes.
2. What does the assessed value tell us?
At $41.60k, the assessment is in the top 21% for Heritage Park, indicating the property is viewed as above average in value for the area compared to its peers, which often suggests better finishes, condition, or lot appeal.
3. Is the lot size a significant feature?
Yes. At nearly 7,800 sqft, the lot is significantly larger than the average for the street, neighborhood, and city-wide. This is a major asset for privacy, outdoor activities, or future projects like a garage or addition.
4. The home was built in 1968. What should I consider?
While the age implies systems (like plumbing, electrical, or the roof) may need attention or updating, the data shows it is among the newer homes on its specific street (top 5%). A thorough inspection is always advised to understand the condition of these older components.
5. How can I find out the exact historical sale price?
The listed sale price ranges are estimates from public data. To obtain the precise sale price from the last transaction in October 2020, you can request it directly via the email button on the listing page. The service is manual but provided without marketing spam.
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