632 Valour Road

Property Overview: 632 Valour Road, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a distinct profile defined by its contrasts. Its primary appeal is its generous 1,386 sqft of living space, which ranks in the top 6% of homes on Valour Road and the top 14% within the Minto neighbourhood, offering more interior room than most local comparables. This makes it a standout for buyers seeking space in the area without the footprint of a large lot.

However, this space comes within a century-old home (built 1909) on a modest 2,200 sqft lot, both metrics ranking below area averages. The assessed value is notably low relative to the city and area, which typically indicates a lower property tax burden but may also reflect the home’s age, condition, or the compact lot size.

This property would best suit a pragmatic buyer who prioritizes interior square footage over a large yard and is prepared for the realities and potential rewards of a character home. It’s a candidate for someone looking for a value-entry point into the neighbourhood, possibly a renovator or an investor who sees potential beyond the current assessments. The appeal is less about premium land or modern construction and more about the usable space contained within an established community.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than averages?
Assessed value is for municipal tax purposes and is influenced by factors like lot size, home age, and recent sales. The low assessment here is consistent with the home's age and smaller lot, which can mean lower annual property taxes—a key financial consideration.

2. What does the "Sold 2017 CA$200k–250k" price range indicate?
This public data shows the approximate sale price from 2017. It provides historical context but is not the current list or market price. The exact sold price is available upon request.

3. How significant is the home's age (1909)?
As a 117-year-old home, it offers character but necessitates thorough inspections for foundational integrity, wiring, plumbing, and insulation. It appeals to those who appreciate heritage but requires a buyer comfortable with potential maintenance or upgrade projects.

4. The living area is large, but the lot is small. What does this mean for me?
You get a spacious interior relative to the neighbourhood, but limited outdoor private space. This is ideal if you prefer low-maintenance landscaping and value indoor living areas, but not if you desire a large garden, play area, or extensive outdoor privacy.

5. How can I see this property in context with its neighbours?
You can use the provided link to "Open neighbourhood map analysis" to view the home on a map alongside nearby properties, comparing details like year built, lot size, and assessed value directly.