Property Overview: 830 Valour Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 830 Valour Road is a classic 1945-built property in the Minto neighbourhood, offering a practical and grounded opportunity. Its primary appeal lies in its strong positioning within its immediate area. With 1,018 sqft of living space, it provides a comfortable footprint that is typical for the street and neighbourhood. The standout feature is the generous 4,397 sqft lot, which is notably larger than many in Minto and on Valour Road itself, offering valuable outdoor space and potential.
The home’s assessed value ranks well above average for both the street and the broader Minto area, suggesting it is viewed as a solid asset within its local market context. This creates an interesting dynamic: while the house is modest in size compared to the citywide average, it occupies a desirable, larger parcel of land in an established community. This combination suits buyers looking for a character home with room to breathe, possibly first-time homeowners or downsizers who value a manageable house size without sacrificing yard space. It’s a property that represents a stake in a mature neighbourhood rather than a sprawling modern home, appealing to those who prioritize location, lot size, and community character over sheer square footage.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, a property on this street sold in the $200k-$250k range in 2017. The current assessed value is $282,000, which ranks above average for the area, indicating perceived growth or solid fundamentals since that last sale.
2. What does the "above average" assessed value ranking mean for taxes?
An assessed value that ranks above average for the neighbourhood generally means your property tax bill will likely be higher than many of your immediate neighbours, as taxes are based on this assessment. It reflects the city’s valuation of the property relative to others nearby.
3. Is the 1945 build date a concern?
The year built (1945) is typical for the area. While it means potential for character and mature landscaping, it also necessitates a thorough inspection for aging components like the roof, plumbing, electrical, and insulation, which may need updating or maintenance.
4. The lot is large for the area. What are the implications?
The larger-than-average lot (4,397 sqft) is a significant asset. It provides more private outdoor space, better potential for gardening, additions, or a garage, and could contribute to the property’s long-term value. It’s a feature that is increasingly rare in central neighbourhoods.
5. Why is the living area considered "below average" city-wide?
Winnipeg’s city-wide average includes many newer suburban homes with larger floor plans. At 1,018 sqft, this home offers a comfortable size for the inner-city Minto neighbourhood, where homes and lots are often more compact. It reflects a trade-off: you’re acquiring a larger lot in an established area rather than maximum interior space.