57 Valley View Drive

Heritage Park, Winnipeg

Property score

69.5

Good

Overall 69.5 · Compared with neighbourhood average

1,130 sqft (bottom 40%) · 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

Living Area

Near average

14% smaller 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

69.5 is composed by the two sections below.

Property Score

60.7Fair
Living Area1,130 sqft60Fair
Year Built196852Fair
Lot Size5,495 sqft67Good
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

around average
1,130 sqft
0255075100
Same streetTop 47%Same areaBottom 40%CitywideBottom 43%
Same street · Valley View Drive
#66 / 139
Top 47% · Avg 1,289 sqft
Same area · Heritage Park
#519 / 865
Bottom 40% · Avg 1,319 sqft
Citywide · Winnipeg
#110,983 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

around average
322k
0255075100
Same streetBottom 16%Same areaBottom 24%CitywideBottom 36%
Same street · Valley View Drive
#117 / 139
Bottom 16% · Avg 360.9k
Same area · Heritage Park
#660 / 865
Bottom 24% · Avg 370.6k
Citywide · Winnipeg
#124,103 / 194,458
Bottom 36% · Avg 390.1k

Year Built

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

Lot Size

around average
5,495 sqft
0255075100
Same streetBottom 13%Same areaBottom 26%CitywideTop 44%

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

57 Valley View Drive — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 360 m), 1 parks (nearest 393 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 6/2023CA$350k–400k
Sold price

Same street

Bottom 49%

Same area

Top 50%

City-wide

Top 46%

Related homes

Highlights & common questions: 57 Valley View Drive, Winnipeg

Property Summary: 57 Valley View Drive, Heritage Park, Winnipeg

Key Characteristics & Appeal

This 1968-built, three-level split home in Heritage Park offers a practical layout with 1,130 sqft of living space and a renovated basement. Its key appeal lies in its position as a solid, no-frills property within a well-established neighbourhood. The home’s living area is competitively sized for the local area, and its recent basement renovation adds modern functionality.

The property stands out for its assessed value, which is notably below the average for both its street and the wider Heritage Park area. This presents a potential value opportunity for a buyer comfortable with a home of this vintage, as it may allow for equity growth through updates over time. The lot, while smaller than many on the street, is still a good city-wide average, offering manageable outdoor space.

This home would best suit first-time buyers, downsizers, or practical investors looking for an entry point into a mature neighbourhood without a premium price tag. It’s for those who value function over flash and see potential in a home that is livable now but may benefit from personalization.


Frequently Asked Questions

1. Is the below-average assessed value a concern?
Not necessarily. A lower assessment relative to neighbours can indicate a value opportunity, often reflecting the home’s age and condition rather than a fundamental issue. It can be a starting point for adding value through updates.

2. What does the "Elite" ranking for Year Built on its street mean?
This indicates 57 Valley View Drive is one of the newer homes on its specific street (built in 1968, versus a street average of ~1966). It’s a relative point of distinction within an older, established streetscape.

3. How significant is the smaller lot size?
The lot is below average for the street but near the city-wide average. It means less yard maintenance, which could be a perk for some, but may offer less privacy or expansion space compared to immediate neighbours.

4. The home last sold in mid-2023. What should I consider?
Given the recent sale, it’s important to understand the seller’s motivation for listing again quickly. It also means recent sale price data is available, providing a very current market benchmark for the property itself.

5. What are the implications of having no garage?
This is a key practical consideration. Buyers will need to account for street parking or the potential cost and feasibility of adding a driveway or parking structure, especially during Winnipeg winters.

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