Property Overview
This one-storey home at 153 Valley View Drive in Winnipeg’s Heritage Park neighbourhood presents a practical, low-maintenance living option. Built in 1967, its key characteristics include 1,120 sqft of living space, a renovated basement, a detached garage, and a 5,497 sqft lot. The home sits comfortably in the middle range for its area in terms of size, assessed value, and lot dimensions, indicating it’s a typical, well-established property for the street and neighbourhood. A notable point is that for its specific street, the home’s 1967 build year is actually above average (top 28%), meaning it is newer than many of its immediate neighbours.
The appeal lies in its turn-key, single-level layout and the value of a finished basement in a stable, mature community. It would suit first-time buyers seeking a manageable home without major projects, downsizers looking for a bungalow with updated spaces, or pragmatic investors interested in a property with steady, average metrics for the area. Its consistent, middle-of-the-road rankings across different scales suggest a predictable and straightforward investment without the premium or the risk of an outlier property.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
2. How does the property’s value trend compare to the area?
The assessed value is consistently around the average (top 54-55%) for the street, neighbourhood, and city. This suggests its value moves in lockstep with the broader market rather than outperforming or underperforming.
3. What are the implications of the home being "newer" than others on the street?
While a 1967 build isn’t new, ranking in the top 28% for year built on Valley View Drive could imply potentially fewer age-related issues compared to immediate neighbours and a slightly more modern construction style for the streetscape.
4. What is the typical lot size and what does this allow for?
The lot is slightly smaller than the area average. It provides a decent outdoor space but may limit extensive additions or large detached structures compared to properties on larger lots in Heritage Park.
5. Where can I find exact historical sold prices?
The provided sold price history shows estimated ranges. The listing service offers to provide the exact sold price figures via a manual email request, which they aim to fulfill by the end of the same business day.