Property score
58.1
Fair
Overall 58.1 · Compared with neighbourhood average
1,140 sqft (top 39%) · Built in 1973 (3 yrs older than avg)
Located in a above-average income area with median household income of ~78.5k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 healthcare facility, and 4 parks nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 63%Punjabi · 9%
Past 10 years Valley Gardens sales snapshot (~80% of all data)
652
325k
$343/sqft
1976
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58.1 is composed by the two sections below.
Property Score
Community Score
Valley Gardens
How to read: Share of sales in each ~$50k price band for “valley gardens” (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: #46110786
$79K
Median household income
$80K
Average household income
22%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
16%
Single-person households
32%
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
161 Avaco Drive — 5 amenities found within 500 m, across 2 categories, including 1 healthcare (nearest 472 m), 4 parks (nearest 209 m).
Valley Gardens · WPS public data · 2026
Annual incidents
28
2026
vs. city avg
-5%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
71%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 10% | Bottom 10% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home in Valley Gardens presents a practical opportunity in a well-established Winnipeg neighbourhood. Built in 1973, its key appeal lies in a desirable combination of a renovated basement and a lot size that ranks highly for the street. With 1,140 sqft of living space and a 3,000 sqft lot, it offers room to grow. The assessed value positions it as a more accessible entry point compared to many similar-sized homes in the wider area. This property would suit first-time buyers or practical investors looking for a home with foundational updates in a mature neighbourhood, where the value is anchored more in the land and potential than in high-end finishes. A thoughtful perspective is that while the home itself is of average size for the city, its lot size within its immediate context is a standout, suggesting outdoor space or future expansion potential that neighbours may not have.
Frequently Asked Questions
1. How does the lot size compare to nearby homes?
The 3,000 sqft lot is a key feature, ranking in the top 15% on Avaco Drive itself. This means the property likely has more outdoor space than most of its direct neighbours.
2. The home was built in 1973. What should I consider?
While the basement has been renovated, a home of this age will have original major systems, like the roof, windows, and plumbing. A thorough inspection is advised to budget for any upcoming maintenance or updates.
3. Why is the assessed value notably lower than some comparable listings?
The assessed value is a municipal tool for taxation, not market price. However, its lower percentile ranking suggests the home may be valued conservatively relative to the neighbourhood and city, which can be attractive for buyers but should be contextualized with a current market appraisal.
4. There's no garage. How does parking work?
The listing indicates no garage, so parking would be limited to driveway and street parking. It’s worth checking municipal bylaws for any street parking restrictions.
5. What is the neighbourhood like?
Valley Gardens is a mature, established area. The "top 10%" neighbourhood ranking for lot size indicates a community with generally spacious properties, offering a quieter, more residential feel compared to newer, denser subdivisions.
