Property Summary: 641 Valour Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 641 Valour Road in the Minto neighbourhood is a classic, nearly century-old property that represents a practical entry point into the Winnipeg market. Its key characteristics are defined by context: with 860 sqft of living space and a 2,951 sqft lot, it sits comfortably around the average for both its immediate street and the broader Minto area. This indicates a home that is typical for its established community—neither the largest nor the smallest on the block.
The primary appeal lies in its positioning as a relatively affordable, no-frills property in a mature neighbourhood. Its assessed value is modest compared to the city-wide average, suggesting a lower property tax burden and an accessible price point. The home last sold between 2017 for an estimated $150k-$200k, reinforcing its role as a value-oriented option.
This property would best suit first-time buyers or practical investors seeking a straightforward, lower-maintenance asset without the premium of a newer or larger home. It’s for someone who values location and function over size or modern amenities, and who is comfortable with a home that has its own history. A less obvious perspective is that its "average" metrics within Minto could signal stability and predictability, offering a clear picture of what to expect from the immediate community without surprises.
Section 2: Frequently Asked Questions
1. How does this home compare to others in the area?
The data shows this property is very typical for Minto and Valour Road. Its living area, lot size, and assessed value all rank consistently in the middle of the pack (between the 54th and 70th percentile) when compared to neighbouring homes, meaning it is a representative example of the local housing stock.
2. What does the assessed value indicate?
The assessed value of $22,800 is for municipal tax purposes. It is significantly below the Winnipeg city-wide average, which typically translates to lower annual property taxes—a key ongoing cost saving for the owner.
3. What should I consider about a home built in 1927?
Built 99 years ago, this home will likely require a diligent inspection to understand the condition of its major systems (like plumbing, electrical, and foundation) and any updates that have been made over time. Its age is typical for the street, which averages homes from 1936.
4. How accurate is the last sold price shown?
The listed sale price of CA$150k–200k from 2017 is a range based on public data. For the exact historical sale price, you must request it directly via the provided email service on the listing page.
5. Is the lot size a pro or a con?
At just under 3,000 sqft, the lot is smaller than the Winnipeg average but standard for Minto. This means lower outdoor maintenance but also limited space for expansions, large gardens, or detached structures. It’s a practical urban lot.