Property Overview: 773 Valour Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home, built in 1914, is a classic Winnipeg character property in the Minto neighbourhood. Its primary appeal lies in offering above-average interior space (1,179 sq ft) for its immediate area, ranking in the top 16% on Valour Road. This makes it a notably roomier option compared to many neighbouring homes. The lot size is consistent with local norms, providing a standard urban yard.
The property suits practical buyers looking for a home with vintage charm and more generous living space in an established community. Its assessed value is modest relative to the wider city, which may indicate a lower property tax burden and an accessible entry point into the market. A thoughtful perspective for this 112-year-old home is to see it as a canvas; its value will be closely tied to its current condition and the vision (or investment) a buyer has for updating its systems and layout. It last sold between 2021-2025, suggesting a relatively recent turnover.
Section 2: Frequently Asked Questions
1. How does the home’s age impact a purchase?
Built in 1914, it is older than most homes in the city. This often means character and solid construction, but a thorough inspection is crucial to understand the condition of foundational elements, wiring, plumbing, and insulation.
2. Is the assessed value the same as the market value?
No. The assessed value ($23.40k) is for municipal tax purposes and is historically very low compared to typical Winnipeg sale prices. The market value will be determined by current conditions and is likely significantly higher, as suggested by its previous sale in the $150k-$200k range.
3. What does the "above average" living area ranking mean?
It means this home has more interior square footage than 84% of comparable properties on Valour Road. For the neighbourhood and city, its size is around average. You are getting more space than most on that specific street.
4. Why is there only a sold price range available?
The exact sale prices are not publicly disclosed in Manitoba. The range provided ($150k-$200k for the 2021 sale) is an estimate based on public data. You can request the exact price from the site via email.
5. What are the next steps to learn more about the area?
Use the provided link to open the neighbourhood analysis page. This tool allows you to see the home on a map and visually compare its year built, size, and value with nearby houses.