Property Overview: 609 Valour Road, Winnipeg
Key Characteristics & Appeal
This home at 609 Valour Road in the Minto neighbourhood presents a practical opportunity, particularly for value-conscious buyers. Built in 1928, its key appeal lies in its efficient use of space and lot size relative to its immediate area. With 1,153 square feet of living area, it offers more interior space than most comparable homes on Valour Road. Similarly, its 3,723 square foot lot is notably larger than many in both the local street and wider Minto area, providing above-average outdoor space for the community.
The home’s assessed value is modest, positioning it well below the Winnipeg city average. This creates a lower entry point into the market, especially when considered alongside the decent lot size. It would suit a first-time buyer, an investor, or someone looking for a manageable property with room to grow outdoors. The 2021 sale price suggests it has been a stable, affordable holding. A thoughtful perspective is that this property offers the benefits of a mature, established neighbourhood without the premium price tag of a larger or fully renovated home, making it a canvas for personalization.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
Its living area is in the top 20% for Valour Road, meaning it’s larger than about 80% of similar homes on the street. The lot size is also in the top 30% locally, offering more yard space than many neighbours.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects factors like the home’s age, condition, and location within the broader market. While it is around the average for Minto, it sits below the Winnipeg average, indicating a more affordable price point for the city.
3. What should I consider about a home built in 1928?
While offering classic charm, a home of this age may have original systems (like plumbing or wiring) that could require updating. A thorough inspection is essential to understand the condition and plan for any potential maintenance or renovations.
4. How accurate is the sold price history shown?
The listed sold price (CA$150k–200k in 2021) is a range based on public data. For the exact historical sale price, you can request it via email from the listing service.
5. What does the "rank" and "top X%" information mean?
These metrics show how this property compares to similar homes in three areas: its immediate street, the Minto neighbourhood, and all of Winnipeg. For example, a "Top 20%" rank for living area means 80% of comparable local homes are smaller, placing this one in the larger group.