Property Overview: 900 Valour Road, Winnipeg
Key Characteristics & Appeal
This home at 900 Valour Road is a compact, early 20th-century property in Winnipeg's Minto neighbourhood. Its key characteristic is its modest scale: at 680 sqft of living space, it is notably smaller than most homes on its street, in Minto, and across the city. Built in 1914, it is a historic property that will appeal to those seeking a simpler, lower-maintenance footprint or a potential renovation project with character.
The appeal lies in its financial accessibility. The assessed value is around average for Valour Road and the Minto area, presenting a more affordable entry point into the market, especially when compared to city-wide averages. The lot size is also consistent with local norms. This creates a unique proposition: you're purchasing a property priced in line with its immediate area, but one that offers a smaller, more efficient living space. It would suit first-time buyers, downsizers, or investors looking for a character home with a relatively manageable tax assessment. A thoughtful perspective is that this property represents the practical, working-class housing of its era, offering a chance to own a piece of Winnipeg's history without the premium often attached to larger, updated historic homes.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value (listed as $23,800) is for municipal tax purposes. The market value, or what a buyer would pay, is typically higher. Recent sales on the street between $250k-$300k provide a better indicator of current market value.
2. What does the "Top 89%" ranking for living area mean?
It means this home's living area (680 sqft) is smaller than about 89% of comparable properties on Valour Road. This is the home's most distinguishing feature, confirming it is a compact, cozy space.
3. How can I find out the exact past sale prices?
The exact sold prices are not publicly displayed. The listing service offers to provide them manually via email, with the ranges shown (e.g., CA$250k–300k in 2021) based on public data.
4. What are the implications of a home built in 1914?
While full of character, a 112-year-old home will likely require careful attention to aging components like wiring, plumbing, and the foundation. It's essential to get a thorough inspection. Conversely, it may feature craftsmanship and materials not found in newer builds.
5. How does this property compare to its immediate neighbours?
You can view a detailed neighbourhood analysis map through the provided link to compare this home directly with neighbours on factors like year built, lot size, and assessed value. Nearby homes on Valour Road are very close in proximity, typical of older, established neighbourhoods.