Property Overview: 850 Valour Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 850 Valour Road is a classic 1942-built property in the Minto neighbourhood, offering a practical and straightforward living opportunity. Its key appeal lies in its relative affordability and manageable scale within a mature, established area of Winnipeg.
The 782 sqft living space is compact, ranking below the city-wide average, which positions this as a true starter home or a downsizing option. The assessed value is notably lower than the city average, suggesting a potentially accessible entry point into the market. The lot size of just under 3,000 sqft is typical for the local street and area, providing a modest outdoor space without excessive maintenance demands.
This property would best suit a first-time buyer, an investor, or someone looking to right-size. Its characteristics point to a home that values function and location over size or modern luxury. A thoughtful perspective for a buyer here is to see the value in the established neighbourhood fabric—homes of a similar vintage and scale nearby—rather than comparing it to newer, larger suburban builds. It represents a chance to own a character home with lower property taxes, relative to city averages, due to its assessment.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 782 sqft, the living area is smaller than the average home on Valour Road (953 sqft) and in the wider Minto area (1,060 sqft). It is a compact, efficiently sized property.
2. What does the assessed value indicate?
The assessed value is significantly below the Winnipeg city average. This typically correlates with lower municipal property taxes, which is a key ongoing cost savings for the homeowner.
3. Is the age of the home (built in 1942) a concern?
While the home is 84 years old, it is actually newer than many on its street and in the Minto area, where average build years are 1936 and 1933, respectively. Prospective buyers should prioritize a thorough inspection to understand the condition of major systems and the roof.
4. How can I find out what this or similar homes have sold for?
The exact sale price history is not publicly displayed. You can request it manually via the email option provided on the listing page for accurate data.
5. What is the neighbourhood context like?
The listing provides a direct link to a detailed neighbourhood analysis map. This tool allows you to see nearby homes and compare their year built, lot size, and assessed value, giving a clear picture of the immediate area's character and property mix.