Property score
56.0
Fair
Overall 56.0 · Compared with neighbourhood average
998 sqft (bottom 33%) · Built in 1973 (3 yrs older than avg)
Located in a high-income area with median household income of ~93k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 shop, and 4 parks nearby
Living Area
Below average
11% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 72%Punjabi · 6%
Past 10 years Valley Gardens sales snapshot (~80% of all data)
652
325k
$343/sqft
1976
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56.0 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: #46110889
$93K
Median household income
$100K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.4
P90 / P10 ratio
12%
Single-person households
37%
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
3 Menno Bay — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 484 m), 1 education (nearest 365 m), 1 shopping (nearest 416 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%
3 Menno Bay: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1973 one-storey home in Valley Gardens sits on a generous, nearly 5,000 sqft lot, which is a standout feature in the area. The home itself is modest in size at 998 sqft but benefits from a renovated basement, adding functional living space. Its appeal lies in this combination of a large, established lot in a mature neighbourhood and the value-added renovation work already completed. The assessed value is notably low compared to many nearby properties, which may present an opportunity.
It would suit first-time buyers or practical downsizers looking for a solid foundation in a quiet neighbourhood, where the land represents a significant portion of the value. It’s also a potential fit for buyers comfortable with a home whose interior square footage is cozy, but who prioritize outdoor space and the potential for future updates or an addition, given the lot size.
Frequently Asked Questions
1. What does the low assessed value indicate?
While a low assessment can suggest a lower property tax burden, it often reflects the home's older age and modest living area relative to its lot. It's essential to compare it to recent sale prices, not just assessments, to understand its market value.
2. The living area ranks highly on the street but low city-wide. What does this mean?
This indicates that while this home is one of the larger bungalows on Menno Bay, it is smaller than the average Winnipeg home. It highlights the consistent, modest scale of houses on this specific street.
3. The basement is noted as renovated. What should I verify?
Always confirm the scope, quality, and permits for the renovation. A renovated basement adds valuable living space, but understanding its finish, ceiling height, and moisture control is crucial.
4. There is no garage. How does this impact use and value?
The lack of a garage is a practical consideration for vehicle storage and workshop space. However, the large lot may offer room to add one, subject to local bylaws—a potential future project for a buyer.
5. The home is 53 years old. What are the key maintenance priorities?
For a home of this age, the roof, windows, plumbing, and electrical systems should be carefully evaluated. While the basement has been updated, the main structure and core systems are original and will require ongoing maintenance and eventual replacement.
