Property Overview
3 Valley View Drive is a one-storey home in Winnipeg's Heritage Park neighbourhood. Built in 1962, it features 1,080 sqft of living space, a renovated basement, and a detached garage on a 5,494 sqft lot. Its assessed value is $31,800.
Key Characteristics & Appeal
This home presents a practical opportunity in a mature neighbourhood. Its core appeal lies in being a solid, no-frills property with one major update already in place—the renovated basement. The living space is modest but functional, and the detached garage adds utility. The lot size is smaller than many on its street, which can mean less yard maintenance.
It would suit a first-time buyer, a downsizer, or an investor looking for an affordable entry into the market. The numbers suggest it’s not the largest or newest home on the block, but it holds its own citywide. This is a property for someone who values a move-in-ready basement and prefers a simpler, manageable footprint over a showpiece home. A thoughtful perspective is that a smaller lot in an established area like Heritage Park can offer a greater sense of community and less weekend yard work, shifting the focus from upkeep to living.
Frequently Asked Questions
1. How does this home compare to others on the street?
The home is older and sits on a smaller lot than most direct neighbours, but its living area is closer to the street average. Its assessed value is in the lower tier for Valley View Drive.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope or finish. This is a key detail to clarify with the seller or agent to understand the quality and permitted use of the space.
3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value of $31,800 is for municipal tax purposes. The last recorded sale was in 2017 for an estimated $24.5k–$27.5k. Market conditions will determine the current price.
4. What are the implications of the home's age?
Built in 1962, major systems like roof, plumbing, or wiring may be original or nearing the end of their service life. A thorough inspection is advised, but the age also means the home is in a long-established, stable neighbourhood.
5. How can I get the exact historical sale price?
The exact sold price is not publicly listed. You can request it by email through the listing site; they provide this data manually without using your email for marketing.