Property Overview: 939 Valour Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 939 Valour Road is a classic 1925-built character property in the Minto neighbourhood. With 846 square feet of living space on a 3,057 sqft lot, its size is very typical for its immediate street and area, offering a manageable footprint. The appeal here is one of value and location within a well-established community. Its assessed value is notably below the Winnipeg city average, positioning it as a more accessible entry point into the market. This is a home that suits practical, value-conscious buyers—such as first-time homeowners, downsizers, or investors—who prioritize location and lot potential over sheer size or modern finishes. A thoughtful perspective for this property is its "middle-of-the-pack" standing on its street; it doesn’t stand out as exceptionally large or small, new or old, which can mean less competition and a fairer price compared to more extreme comparables. Its century-old charm comes with the expectation of maintenance, but also the opportunity to add value through thoughtful updates.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value ranks in the top 37% on Valour Road itself, meaning it is assessed higher than many on the same street. However, compared to the wider city, its value is below average (top 81%), indicating it represents a more budget-friendly option within Winnipeg.
2. What should I consider about the home’s age?
Built in 1925, the home is older than most in Winnipeg. While this can mean character and established trees, it also warrants a thorough inspection for updates to major systems like wiring, plumbing, and insulation, which may be due for renewal.
3. Is the living space small?
At 846 sqft, it is compact but aligns with the average for Minto and Valour Road. It’s efficient for individuals, couples, or small families. Buyers should consider if the layout works for their needs, as older homes can sometimes have less open floor plans.
4. Can I find out the exact past sale price?
Yes, but not directly on the public listing. The site provides a sold price range (e.g., CA$250k–300k in 2020). To get the precise figure, you must request it via email from the provided service, which manually supplies the data.
5. How does the lot size impact potential?
The lot is a standard size for the area. While not huge, it offers typical backyard potential for a city home. Its ranking shows lots are significantly larger city-wide, but within Minto, it’s very average, suggesting any expansion or renovation would be in keeping with the neighbourhood’s scale.