Property Overview: 56 Valley View Drive, Heritage Park, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Heritage Park offers a practical and spacious footprint on a generous lot. With 1,484 sqft of living space, it stands above average for its immediate street and neighborhood, providing more room than many comparable homes. A key feature is the renovated basement, adding valuable finished space. The property sits on a large 7,797 sqft lot, offering ample outdoor space for gardening, play, or expansion, which is a notable advantage in the city.
Its appeal lies in its established, quiet location on a street with consistent property values, as evidenced by its above-average assessed value within Heritage Park. Built in 1968, the home is older but well-maintained, representing a classic, solid build in a mature neighborhood. This property would suit a buyer looking for a move-in-ready home with a renovated lower level, or someone who values a larger yard and the potential that comes with it. It’s a strong fit for first-time homeowners seeking space to grow, downsizers wanting single-level living without sacrificing room, or practical investors attracted to a stable area with consistent value.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
The living area is 1,484 sqft, which ranks in the top 23% on its own street and the top 27% in the Heritage Park neighborhood, meaning it is genuinely more spacious than many nearby homes.
2. What does the assessed value tell us?
At $41.60k, the assessment is in the top 21% for Heritage Park, indicating the property is viewed as above average in value for the area compared to its peers, which often suggests better finishes, condition, or lot appeal.
3. Is the lot size a significant feature?
Yes. At nearly 7,800 sqft, the lot is significantly larger than the average for the street, neighborhood, and city-wide. This is a major asset for privacy, outdoor activities, or future projects like a garage or addition.
4. The home was built in 1968. What should I consider?
While the age implies systems (like plumbing, electrical, or the roof) may need attention or updating, the data shows it is among the newer homes on its specific street (top 5%). A thorough inspection is always advised to understand the condition of these older components.
5. How can I find out the exact historical sale price?
The listed sale price ranges are estimates from public data. To obtain the precise sale price from the last transaction in October 2020, you can request it directly via the email button on the listing page. The service is manual but provided without marketing spam.