Property Overview
102 Valley View Drive is a well-situated, one-storey home in Heritage Park, built in 1966. With 1,206 sqft of living space and a recently renovated basement, it offers solid, move-in-ready fundamentals. The property stands out for its generous 6,872 sqft lot, which is notably larger than many in the wider city and neighbourhood, providing valuable outdoor space and potential. Its assessed value is positioned below average for its immediate street but aligns more closely with area and city-wide averages, suggesting it may represent a relative value within its specific location. The home lacks a garage or pool, keeping its focus on low-maintenance, practical living.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance of a renovated interior and a substantial, private lot—a combination that can be hard to find in its price range. It suits first-time buyers seeking a manageable, single-level layout without a major project, or downsizers looking for a comfortable home with room for a garden or patio. Its value proposition is nuanced: while the living space is average for the area, the above-average land size offers a tangible asset, whether for recreation, gardening, or future outdoor upgrades. The below-average assessment for the street could be attractive to value-conscious buyers, though it’s worth investigating the reasons behind it. This isn’t a luxury property, but a grounded, practical home for those who prioritize space and location over high-end finishes or extra features like a garage.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. It’s essential to inquire about the quality of finishes, the presence of proper permits, and whether it includes a legal secondary suite or additional bedrooms.
2. Why is the assessed value lower than the street average?
At 33.50k, the assessment ranks in the bottom 30% on Valley View Drive. This could be due to the home’s specific condition, layout, or features compared to neighbours. It’s wise to understand if this indicates a price opportunity or reflects factors needing attention.
3. How does the lack of a garage affect daily living?
With no garage, parking and storage will rely on the driveway and the basement. Buyers should consider Winnipeg winters and assess if the driveway configuration and basement storage adequately meet their needs.
4. Is the large lot a maintenance burden or an opportunity?
The 6,872 sqft lot is a significant asset but requires upkeep. Buyers should view it as a canvas—it offers space for gardens, play, or entertaining, but also means more lawn care or landscaping responsibility compared to a standard lot.
5. What is the neighbourhood character of Heritage Park?
The home is centrally located within Heritage Park, with very close neighbours. Reviewing the nearby and reference properties suggests a mix of well-kept, mid-century homes, indicating a mature, established community feel.