Property Overview: 21 Valley View Drive, Heritage Park, Winnipeg
Key Characteristics & Appeal
This is a 1963 bi-level home on a standard 5,500 sqft lot in Winnipeg's Heritage Park neighbourhood. With 1,046 sqft of living space and a renovated basement, it presents as a functional, no-frills property. Its core appeal lies in its position as an accessible entry point into the market. The home ranks below average for size, assessed value, and year built within its immediate street and neighbourhood, which is reflected in its lower price point. However, city-wide comparisons show it sits around average, suggesting it offers typical Winnipeg value outside of more premium sub-markets.
This property would best suit first-time buyers, downsizers, or practical investors seeking a straightforward home without premium costs. Its renovated basement adds usable space, a key asset for a home of this size. A thoughtful perspective is that a home ranking below local averages can represent a sensible compromise, offering neighbourhood amenities and stability without paying for top-tier size or modern features. It’s a property for those who value function and location over prestige or turn-key perfection.
Frequently Asked Questions
1. Is this a good value for the area?
The data suggests it is priced accordingly. Its assessed value and living area are below the averages for Heritage Park and Valley View Drive itself, indicating it’s likely one of the more affordable options in the neighbourhood.
2. What does "below average" for year built mean?
Built in 1963, it is older than most homes on its street and in Heritage Park. Buyers should budget for maintenance consistent with a 60+ year old home, though systems like the basement have been updated.
3. How usable is the lot?
At 5,497 sqft, the lot is around the city average. It provides a decent backyard space for a home of this size, ranking slightly above average on its own street.
4. Why is the city-wide assessment comparison so different?
While the home is below average in its specific neighbourhood, it aligns with broader Winnipeg averages. This highlights that Heritage Park generally features larger or newer homes than the city norm, making this property more of a baseline option within that community.
5. Where can I find the exact historical sale price?
The listed sale price from March 2017 is a public range. The exact sale price can be requested by email from the site; they provide this data manually without using your email for marketing.