Property Overview: 918 Valour Road, Winnipeg
Key Characteristics & Appeal
This home at 918 Valour Road is defined by its compact efficiency and historical roots. Built in 1921, it is a notably smaller property, with just 520 square feet of living space and a 2,199 sqft lot, placing it well below average in size compared to neighbors and the wider city. Its assessed value of $160K is correspondingly lower than area averages, reflecting its scale.
The primary appeal lies in its affordability and potential as a minimalist living space or strategic investment. It suits a specific buyer: a first-time purchaser seeking an entry point into the market, an investor looking for a rental property with lower upfront costs, or someone dedicated to a simplified, low-footprint lifestyle. A less obvious perspective is its historical value—as one of the older homes on the street, it offers a tangible connection to the neighborhood’s past. Its modest lot, while smaller than most, still provides outdoor space without the maintenance burden of a larger yard. Recent sales in 2023 and 2016, both in the $100K-$150K range, suggest a stable, niche market for well-priced, compact homes in the Minto area.
Frequently Asked Questions
1. How does the small living area compare to nearby homes?
At 520 sqft, this home’s living area is significantly smaller than most. It ranks in the bottom 1% on its own street, where comparable homes average about 953 sqft.
2. What does the assessed value indicate about this property?
The $160K assessment is below average for Valour Road, Minto, and Winnipeg overall. This typically reflects the home’s smaller size and age, not necessarily its condition, and positions it as a more affordable option.
3. How old is the home, and what should I consider?
Built in 1921, the home is 105 years old. While its age is around average for the Minto neighborhood, prospective buyers should budget for potential updates and ensure thorough inspections for older mechanical systems and structure.
4. Is the lot size a limitation?
The 2,199 sqft lot is smaller than most in the city (ranking in the bottom 1% city-wide) but is relatively more common on its street. It provides yard space but limits expansive outdoor projects or additions.
5. Where can I find exact historical sold prices?
The listed sale prices are ranges from public data. You can request the exact sold price history by emailing the site directly; they provide this detail manually without using your email for marketing.