691 Valour Road

Property Overview: 691 Valour Road, Winnipeg

Key Characteristics & Appeal

This home presents a compelling mix of space, value, and location within Winnipeg's Minto neighbourhood. Built in 1951, it is a notably newer property compared to many in the immediate area, which may suggest updated infrastructure or fewer concerns associated with very aged homes. Its primary appeal lies in its generous 4,686 sqft lot, which ranks within the top 10% on its street and top 8% in Minto, offering significant outdoor space for gardens, recreation, or expansion—a relative rarity for the area.

With 966 sqft of living area, the house itself is comfortably sized for the neighbourhood, sitting right around the local average. A thoughtful perspective is that while the city-wide assessed value is below average, it ranks well above average for both Valour Road and the Minto area. This indicates a strong perceived value within its specific market context, potentially offering more house and land for the dollar compared to immediate neighbours. The recent 2024 sale in the $300k-$350k range supports this solid local standing.

This property would suit first-time buyers or downsizers seeking a established neighbourhood with room to breathe. It’s ideal for someone who prioritizes a larger yard over a massive interior and values a home that stands out positively in its direct community for lot size, age, and assessed value.

Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The assessed value is $29,700, but the home sold for between $300,000 and $350,000 in 2024. This large difference is normal; municipal assessed value for tax purposes is typically much lower than actual market value.

2. Is the house smaller than average?
It depends on the comparison. At 966 sqft, it is slightly above the average for Valour Road and very close to the average for the Minto area. It is, however, below the average living area for the entire city.

3. What does the lot size ranking mean for me?
Ranking in the top 10% on the street and top 8% in Minto for land area means this property has a significantly larger yard than most nearby homes. This is a key asset for privacy, outdoor activities, or future projects like a shed or addition.

4. The home was built in 1951. Is that old for the area?
Actually, it's newer than average for both Valour Road and Minto. Many comparable homes in the vicinity were built in the 1930s, so this home may have advantages in terms of building materials, layout, or systems.

5. How can I find out the exact past sale price?
The provided sale prices are estimated ranges from public data. You can request the exact historical sale prices by emailing the listing service directly via the "Get exact sold price history" button on the detail page.