Property Overview: 635 Valour Road, Winnipeg
Key Characteristics & Appeal
This home at 635 Valour Road is a classic 1927-built property in the Minto neighbourhood, offering a practical footprint of 953 square feet on a 3,070 sqft lot. Its primary appeal lies in its established location and relative value. Within its immediate area and street, the home is consistently "around average" for key metrics like living space, lot size, and assessed value, indicating it fits comfortably within the context of its community. It last sold in the $250k-$300k range in 2021.
The property would suit a first-time buyer or pragmatic investor looking for an entry point into a mature Winnipeg neighbourhood without paying a premium for above-average size or new construction. Its assessed value sits notably below the city-wide average, which could represent a value opportunity for those comfortable with a home of this vintage. A thoughtful perspective is that while it may be smaller and older than the Winnipeg average, its in-context averageness on Valour Road suggests stability and predictability for the area, potentially offering a simpler renovation or maintenance path than a more outlier property.
Frequently Asked Questions
1. How does this home compare to others in the immediate area?
The data shows this property is very typical for Valour Road and the Minto neighbourhood. Its living area, lot size, and year built all rank near the middle of the pack for comparable local homes, meaning it is a representative example of the area's housing stock.
2. What does the assessed value indicate?
The assessed value is significantly lower than the city-wide average for comparable homes. This typically reflects the home's age, size, and location relative to the entire Winnipeg market. It's important to note that assessed value is for taxation purposes and may differ from market value.
3. What should I consider with a home built in 1927?
As a home nearing 100 years old, potential buyers should budget for and prioritize inspections focused on foundational integrity, plumbing, electrical systems (which may have been updated over time), and overall structural maintenance. Its age is older than most in the city, so a thorough evaluation is key.
4. How can I find out the exact past sale price?
The listed sale price is a public data range. The page indicates you can request the exact sold price history by providing your email address, which the site’s team will manually provide without using it for unsolicited marketing.
5. Where can I see more context about the surrounding houses?
The listing suggests using the "Open neighbourhood map analysis" feature. This tool allows you to see this property on a map alongside nearby homes to visually compare details like year built, lot size, and assessed value.