Property Overview & Key Characteristics
This home at 854 Valour Road is a compact, character property built in 1942, offering a practical footprint in Winnipeg's Minto neighbourhood. With 796 square feet of living space on a 2,903 square foot lot, its size is modest but aligns with the scale of homes on its street. The appeal here is one of value and opportunity. Its assessed value positions it as a more accessible entry point within its immediate area, suggesting potential for buyers comfortable with a home of vintage charm that may benefit from updates. It suits first-time buyers, downsizers, or practical investors looking for a lower-entry-cost property in a central location. A thoughtful perspective is that its smaller scale and lot size, while below the citywide average, translate to lower maintenance costs and utility expenses, which can be a significant long-term advantage.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 796 sq ft, the living area is slightly below the average for Valour Road (953 sq ft) but is typical for the Minto neighbourhood. It represents a more compact, efficient layout.
2. What does the assessed value indicate about this property?
The assessed value is around the neighbourhood average but is notably below the wider city average. This often reflects the home's age, size, and condition, potentially indicating a value-priced opportunity in the market.
3. Is the lot size a constraint?
The lot is under 3,000 sq ft, which is smaller than many newer suburban properties but consistent with the area. It provides adequate outdoor space for a patio or garden without demanding extensive upkeep.
4. When was it last sold, and for how much?
Public records indicate a sale between 2016 and 2025 in the range of $200,000-$250,000. For the precise sale price and date, you can request the exact history via the provided email service.
5. What should I consider given the home's age?
Built in 1942, the home likely has classic character but may require attention to older systems like plumbing, electrical, or insulation. A thorough inspection is essential to understand any needed maintenance or modernization.