Property Overview: 131 Valley View Drive, Heritage Park, Winnipeg
Key Characteristics & Appeal
This 1967 bi-level home at 131 Valley View Drive presents a practical opportunity in Winnipeg's Heritage Park neighborhood. Its key characteristics include 1,040 sqft of living space, a renovated basement, and a detached garage. The home sits on a notably generous 7,449 sqft lot, which is larger than most in the immediate area, citywide, and on the street itself. This above-average land size is the property's standout feature, offering valuable outdoor space and potential.
Its appeal lies in its grounded, no-frills practicality. The assessed value is consistent with area averages, suggesting a fair market positioning without premium pricing for the neighborhood. The home last sold in late 2022, providing a relatively recent market benchmark. It would suit first-time buyers or downsizers looking for a manageable footprint without sacrificing yard space, or value-oriented investors seeking a stable rental property in an established area. A less obvious perspective is that while the living area is modest compared to nearby homes, the significant lot size could offer future expansion potential or simply a greater sense of privacy and room to breathe—a trade-off that certain buyers will prioritize.
Frequently Asked Questions
1. Is the living space smaller than other homes in the area?
Yes. At 1,040 sqft, the home's living area is below the average for Heritage Park and for Valley View Drive itself. This indicates a more compact layout compared to many neighbors.
2. What does the "above average" land area ranking mean?
The 7,449 sqft lot is larger than approximately 74% of properties citywide, 81% in Heritage Park, and 74% on Valley View Drive. This is the property's strongest comparative asset.
3. How does the assessed value compare?
The $36.30k assessment is very close to the average for the street, neighborhood, and city. This suggests the property is valued typically for its type and area, not as a premium or discount outlier.
4. The home was built in 1967. Is that older than most?
On Valley View Drive, it is actually newer than most (ranking in the top 28%). In the broader context of Heritage Park and Winnipeg, its 1967 build date is very close to the area averages, making it a typical home for its era in the community.
5. How can I find out the exact price it last sold for?
The sold price history provided is a range. To obtain the exact sale price from December 2022, you can use the email request function on the listing page. The service promises a manual reply by the end of the same day, without using your email for unsolicited marketing.