Property Overview: 802 Valour Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 802 Valour Road in the Minto neighbourhood is a classic post-war bungalow, built in 1949. Its key characteristic is its position as a modest, entry-level property. With 735 sqft of living space and a 3,518 sqft lot, it offers a smaller footprint that is quite typical for its immediate street and area, but notably more compact than the Winnipeg city average.
The appeal lies in its affordability and efficiency. The assessed value is around average for Minto and Valour Road, suggesting a manageable entry point into the market. For its age, the home is actually newer than many in the surrounding area, which could imply updates over the years or a slightly more modern construction style for its era. The lot size provides a decent outdoor space relative to the home's scale.
This property would best suit first-time buyers, downsizers, or practical investors looking for a straightforward, no-frills home in an established neighbourhood. It’s for someone prioritizing location and land value over square footage, who sees potential in a smaller, manageable space or a solid foundation for future investment. A thoughtful perspective is that its smaller size and average-area valuation might offer a lower-risk entry into homeownership, with expenses like utilities and property taxes likely being proportionally lower than for larger homes in the city.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 735 sqft, the living area is below the average for similar homes on Valour Road (953 sqft), in the Minto area (1,060 sqft), and across Winnipeg (1,342 sqft). It is a compact, efficient layout.
2. Is the assessed value high for this area?
The assessed value is around the middle range for both Valour Road and the wider Minto neighbourhood. It is, however, below the average assessed value for the entire city, highlighting the property’s affordability in a broader context.
3. What does the "Year Built" ranking mean?
Built in 1949, this home is newer than many of its immediate peers. It ranks in the top 29% on its street and top 13% in the Minto area for its year of construction, meaning it is a relatively newer structure in an older, established neighbourhood.
4. Can I get the exact historical sale price?
The listed sale price is a public data range. The exact sale price is available by request via email from the listing service, which they provide manually without using your email for marketing.
5. How can I better understand this property's context?
You can open the provided neighbourhood analysis page to see this home on a map alongside nearby properties, allowing for a direct visual comparison of year built, living area, assessed value, and lot size.