592 Valour Road

Minto, Winnipeg

Property score

38.1

Below average

Overall 38.1 · Smaller and older than most nearby homes

486 sqft (bottom 1%) · Built in 1906 (27 yrs older than avg)

Located in a above-average income area with median household income of ~77.5k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 7 dining spots, 4 schools, 1 shop, and 4 parks nearby

Living Area

Below average

54% smaller than neighborhood avg.

Year Built

Below average

27 yrs older than neighborhood avg.

Mother tongue

English · 74%Tagalog · 6%

Past 10 years Minto sales snapshot (~80% of all data)

Sold Count

825

Median price

271.7k

$/sqft

$287/sqft

Avg build year

1933

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Property score

38.1 is composed by the two sections below.

Property Score

10.6Low
Living Area486 sqft5Low
Year Built190610Low
Lot Size2,197 sqft18Low
Neighbourhood Sales Activity59Fair

Community Score

79.3Good
Household Income76Good
Education Level72Good
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Minto

How to read: Share of sales in each ~$50k price band for “minto” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110110

Community deep dive

$78K

Median household income

$97K

Average household income

15%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.3

P90 / P10 ratio

32%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)427
Labour force participation rate71%
Median age36.8
Avg household size2.5
Unemployment rate9%
Population density2846 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households32%
Couple families with children23%
Median household income (2020)$78K

Housing

Renter households20%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority16%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 74%
Mother tongue (2nd)Tagalog · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
486 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 1%
Same street · Valour Road
#421 / 421
Bottom 1% · Avg 953 sqft
Same area · Minto
#2,062 / 2,063
Bottom 1% · Avg 1,060 sqft
Citywide · Winnipeg
#194,226 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
162k
0255075100
Same streetBottom 3%Same areaBottom 2%CitywideBottom 4%
Same street · Valour Road
#408 / 421
Bottom 3% · Avg 250k
Same area · Minto
#2,026 / 2,063
Bottom 2% · Avg 254.6k
Citywide · Winnipeg
#186,540 / 194,458
Bottom 4% · Avg 390.1k

Year Built

below average
1906
0255075100
Same streetBottom 3%Same areaBottom 2%CitywideBottom 2%

Lot Size

below average
2,197 sqft
0255075100
Same streetBottom 4%Same areaBottom 2%CitywideBottom 1%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

592 Valour Road — 22 amenities found within 500 m, across 7 categories, including 7 dining (nearest 178 m), 4 education (nearest 348 m), 1 shopping (nearest 462 m).

Search radius
🍽️Dining7
🏫Education4
🛒Shopping1
🌳Parks4
🏦Finance2
Fuel Stations1
Worship3

Crime & Safety

Minto · WPS public data · 2026

Annual incidents

48

2026

vs. city avg

+63%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Other

46%

Full crime data for Minto →Winnipeg crime overview →

Sales History

Sold 4/2023CA$100k–150k
Sold price

Same street

Bottom 6%

Same area

Bottom 3%

City-wide

Bottom 4%
Sold 8/2017CA$100k–150k
Sold price

Same street

Bottom 3%

Same area

Bottom 2%

City-wide

Bottom 2%

Related homes

Highlights & common questions: 592 Valour Road, Winnipeg

Property Overview

This property at 592 Valour Road is a unique offering defined by its historical roots and modest scale. Built in 1906, it is one of the older homes in the Minto neighbourhood. With a living area of 486 square feet and a land area of just under 2,200 square feet, it is notably compact, ranking at the very bottom of its peer group for size both locally and city-wide. Its assessed value is significantly below average for the area. The home last sold in the 2023-2017 period within the $100k-$150k range.

Key Characteristics & Appeal

The primary appeal of this home lies in its extreme affordability and potential as a minimalist living space or investment project. Its very low assessed value and purchase price point make it one of the most accessible entry points into homeownership in Winnipeg. The 120-year-old structure offers a tangible connection to the city's architectural history, appealing to those with an interest in heritage, however modest.

This property would best suit a specific type of buyer: a hands-on individual or investor looking for a low-cost footprint. It could be a candidate for a complete renovation to create a highly efficient small home, or it may serve as a strategic hold for its land value in a transitioning area. It is not suited for those needing move-in-ready conditions or more than minimal interior space.

Frequently Asked Questions

1. Why is the assessed value so much lower than other homes?
The assessed value reflects the property's very small size, age, and likely condition relative to other homes. It is consistently ranked in the bottom 3-4% of comparable properties for value, indicating it is considered a basic structure.

2. What could the low sale price mean for a buyer?
It represents an exceptionally low barrier to entry, but buyers should budget thoroughly for potential repairs, updates, or even a rebuild. Utility costs per square foot may be higher, and financing a property at this value can sometimes require specific loan products.

3. Is the land size a redeeming feature?
At 2,197 sqft, the lot is smaller than the average for the street and area. However, in a mature neighbourhood like Minto, even a smaller lot can offer outdoor space and future potential that may not be available in a condo for a similar price point.

4. How significant is the age of the home?
Built in 1906, it is among the oldest in its immediate area. This implies potential for charming original features but also a high likelihood of outdated mechanical systems (plumbing, electrical, insulation) that may require modernization to meet current standards and efficiency.

5. Who would this property not be suitable for?
It is not suitable for families or anyone requiring multiple bedrooms or ample living space. Given its metrics, it likely requires significant vision and tolerance for a project, ruling out buyers seeking a conventional, turn-key home.

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