Property Overview
This home at 800 Valour Road in Winnipeg's Minto neighbourhood presents a distinct profile. Built in 1909, it is a notably older character home on a standard city lot. With just over 1,000 square feet of living space, it offers a compact and likely efficient layout. Its assessed value is modest compared to the wider city, but is more in line with averages for its immediate area. The appeal here lies in its position as an affordable entry point into the market, particularly for those drawn to a well-established, central community. It suits a practical, value-conscious buyer—perhaps a first-time homeowner, an investor, or someone looking to downsize—who is prepared for the realities and potential rewards of maintaining a century-old property. A less obvious perspective is that its older age, while requiring attention, also means it was likely built with durable materials and sits on a settled lot in a mature streetscape.
Frequently Asked Questions
1. How does the home's age affect its value and condition?
Built in 1909, the home is among the oldest in its area. This can mean character and solid construction, but also implies a greater need for thorough inspections regarding foundational integrity, plumbing, electrical systems, and insulation. Its assessed value reflects this vintage.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value for municipal taxes is often different from market value. Here, it is significantly below the city-wide average for homes, which may indicate a pricing opportunity, but the final sale price will be determined by current market demand, the home's condition, and recent comparable sales in Minto.
3. What does the living area size mean for daily life?
At 1,056 sqft, the living space is manageable and efficient. It is typical for the street but smaller than the Winnipeg average. This suggests a cozy layout ideal for individuals, couples, or small families, with lower utility costs but limited room for expansive living.
4. How does this property compare to others on Valour Road?
The data shows it is generally around average for the street in terms of living area, assessed value, and lot size. Its most standout feature on the street is its age, being significantly older than most neighbouring homes.
5. What are the key considerations regarding the lot?
The lot is a standard urban size for the area, offering typical backyard potential. However, it is smaller than the vast majority of lots across the entire city, so expectations should be set for a compact outdoor space rather than an expansive one.