98 Valley View Drive

Heritage Park, Winnipeg

Property score

54.9

Fair

Overall 54.9 · Smaller than most nearby homes

1,047 sqft (bottom 25%) · Built in 1966 (5 yrs older than avg)

Located in a average-income area with median household income of ~54.4k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 4 parks, and 8 sports facilitys nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 82%French · 3%

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

54.9 is composed by the two sections below.

Property Score

58.6Fair
Living Area1,047 sqft52Fair
Year Built196652Fair
Lot Size6,872 sqft85Excellent
Neighbourhood Sales Activity85Excellent

Community Score

49.4Low
Household Income58Fair
Education Level34Low
Housing Stress83Excellent
Core Housing Need38Low
Employment Health15Low

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: #46110282

Community deep dive

$54K

Median household income

$58K

Average household income

33%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.2

P90 / P10 ratio

43%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)697
Labour force participation rate38%
Median age36.0
Avg household size2.4
Unemployment rate18%
Population density4646 / km²

Households & income

Low income (LIM-AT, % pop.)33%
Single-person households43%
Couple families with children15%
Median household income (2020)$54K

Housing

Renter households65%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority22%
Bachelor's or higher (25–64)19%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,047 sqft
0255075100
Same streetBottom 31%Same areaBottom 25%CitywideBottom 33%
Same street · Valley View Drive
#96 / 139
Bottom 31% · Avg 1,289 sqft
Same area · Heritage Park
#646 / 865
Bottom 25% · Avg 1,319 sqft
Citywide · Winnipeg
#130,585 / 194,458
Bottom 33% · Avg 1,342 sqft

Tax-Assessed Value

around average
346k
0255075100
Same streetBottom 42%Same areaBottom 44%CitywideBottom 45%
Same street · Valley View Drive
#80 / 139
Bottom 42% · Avg 360.9k
Same area · Heritage Park
#488 / 865
Bottom 44% · Avg 370.6k
Citywide · Winnipeg
#107,313 / 194,458
Bottom 45% · Avg 390.1k

Year Built

around average
1966
0255075100
Same streetTop 50%Same areaBottom 39%CitywideBottom 48%

Lot Size

above average
6,872 sqft
0255075100
Same streetTop 40%Same areaTop 29%CitywideTop 18%

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

98 Valley View Drive — 15 amenities found within 500 m, across 3 categories, including 3 education (nearest 416 m), 4 parks (nearest 219 m).

Search radius
🏫Education3
🌳Parks4
💪Sports8

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 9/2019CA$300k–350k
Sold price

Same street

Bottom 28%

Same area

Bottom 38%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 98 Valley View Drive, Winnipeg

Property Overview: 98 Valley View Drive, Heritage Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated bi-level home at 98 Valley View Drive offers a practical and grounded opportunity in Winnipeg's Heritage Park neighbourhood. Built in 1966, the home features 1,047 sqft of living space and a renovated basement, complemented by a detached garage. Its assessed value is positioned solidly in the middle range for the area, suggesting a fairly priced entry point.

The primary appeal lies in its balance and lot size. While the house itself is slightly smaller than some immediate neighbours, it sits on a 6,872 sqft lot that is notably larger than many in both the wider neighbourhood and the city overall. This presents a valuable asset for outdoor space, gardening, or future expansion. The renovated basement adds modern, functional living space without the need for immediate updates.

This property would suit first-time buyers or practical downsizers looking for a home with a manageable footprint but a generous yard in an established area. It’s a home for someone who values space around them as much as space within the walls, and who appreciates a basement that’s move-in ready. The data suggests it’s not the largest or newest home on the block, but it offers a competitive and balanced package for those seeking stability and potential.

Section 2: Frequently Asked Questions

1. How does this home really compare to others in Heritage Park?
The home is very average in terms of assessed value, living area, and age for the neighbourhood. Its standout feature is the land area, which is above average for Heritage Park, placing it in the top 29% locally.

2. What is the significance of the sold price history from 2019?
The recorded sale in late 2019 for approximately $31.5k–$34.5k provides a historical benchmark. Given the assessed value is now $34.60k, it indicates a stable valuation trajectory. For an accurate current market price, a professional appraisal and market analysis are essential.

3. What are the practical implications of a "renovated basement" in a bi-level?
In a bi-level, the basement is a primary living floor, not just storage. A renovated basement here means that lower-level family room, bedroom, or utility space is likely updated and functional, which is a significant advantage as it requires no immediate investment.

4. Is the detached garage a pro or a con?
This depends on preference. A detached garage offers flexibility (e.g., for a workshop) and can reduce noise in the home. However, it is less convenient during Winnipeg winters compared to an attached garage.

5. Where does this property rank city-wide for key metrics?
City-wide, its lot size is a strong feature (top 18%). Its living area and assessed value are consistently around the city average (top 67% and 55%, respectively), confirming it as a middle-market home with one standout land advantage.

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