870 Valour Road

Property Overview: 870 Valour Road, Winnipeg

Key Characteristics & Appeal

This home at 870 Valour Road is a classic 1914-built residence in the Minto neighbourhood, offering a practical footprint of 1,034 square feet on a 3,079 sqft lot. Its core appeal lies in its established location and relative value. The home's assessed value is notably below the Winnipeg city average, positioning it as an accessible entry point into the market. Within its immediate area and street, however, its size and value are much more aligned with local norms, suggesting it fits comfortably within the fabric of this specific community.

The property would suit a pragmatic buyer, such as a first-time homeowner or an investor, who values location fundamentals over modern size. Its older vintage means potential for character, but also implies a need for thorough inspection and likely updates. A thoughtful perspective is that this home represents a "neighbourhood-scale" opportunity—it’s not competing with city-wide averages, but rather offers a fair and typical proposition for Valour Road itself, which can be a more stable and realistic benchmark for living experience and future value.

Frequently Asked Questions

1. How does this home’s age affect its value and condition?
Built in 1914, it is older than most homes in Winnipeg. This can mean charming architectural details, but it also necessitates a careful evaluation of major systems like wiring, plumbing, and the foundation. Its assessed value reflects this vintage.

2. Is the assessed value a reliable indicator of the market price?
Not directly. The assessed value for taxation purposes is significantly lower than recent area sale prices (e.g., a 2021 sale on the same street in the $250k-$300k range). The market price will be influenced by current conditions, the home’s interior condition, and recent upgrades.

3. The lot size seems small city-wide, but average for the area. What does this mean?
While the lot is below the Winnipeg average, it is standard for the mature Minto neighbourhood. This indicates a lower-maintenance yard and a streetscape of similarly scaled homes, which some buyers prefer for its community feel and efficiency.

4. What is the significance of the ranking data provided?
The rankings show how this property compares to others. For example, its living area is in the top 37% on Valour Road, meaning it’s actually larger than many immediate neighbours. This context is often more useful than city-wide comparisons.

5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you must request this information via email from the service, which provides the data manually without using your contact for marketing.