98 Valley View Drive

Property Overview: 98 Valley View Drive, Heritage Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated bi-level home at 98 Valley View Drive offers a practical and grounded opportunity in Winnipeg's Heritage Park neighbourhood. Built in 1966, the home features 1,047 sqft of living space and a renovated basement, complemented by a detached garage. Its assessed value is positioned solidly in the middle range for the area, suggesting a fairly priced entry point.

The primary appeal lies in its balance and lot size. While the house itself is slightly smaller than some immediate neighbours, it sits on a 6,872 sqft lot that is notably larger than many in both the wider neighbourhood and the city overall. This presents a valuable asset for outdoor space, gardening, or future expansion. The renovated basement adds modern, functional living space without the need for immediate updates.

This property would suit first-time buyers or practical downsizers looking for a home with a manageable footprint but a generous yard in an established area. It’s a home for someone who values space around them as much as space within the walls, and who appreciates a basement that’s move-in ready. The data suggests it’s not the largest or newest home on the block, but it offers a competitive and balanced package for those seeking stability and potential.

Section 2: Frequently Asked Questions

1. How does this home really compare to others in Heritage Park?
The home is very average in terms of assessed value, living area, and age for the neighbourhood. Its standout feature is the land area, which is above average for Heritage Park, placing it in the top 29% locally.

2. What is the significance of the sold price history from 2019?
The recorded sale in late 2019 for approximately $31.5k–$34.5k provides a historical benchmark. Given the assessed value is now $34.60k, it indicates a stable valuation trajectory. For an accurate current market price, a professional appraisal and market analysis are essential.

3. What are the practical implications of a "renovated basement" in a bi-level?
In a bi-level, the basement is a primary living floor, not just storage. A renovated basement here means that lower-level family room, bedroom, or utility space is likely updated and functional, which is a significant advantage as it requires no immediate investment.

4. Is the detached garage a pro or a con?
This depends on preference. A detached garage offers flexibility (e.g., for a workshop) and can reduce noise in the home. However, it is less convenient during Winnipeg winters compared to an attached garage.

5. Where does this property rank city-wide for key metrics?
City-wide, its lot size is a strong feature (top 18%). Its living area and assessed value are consistently around the city average (top 67% and 55%, respectively), confirming it as a middle-market home with one standout land advantage.