638 Valour Road

Minto, Winnipeg

Property score

42.7

Below average

Overall 42.7 · Smaller and older than most nearby homes

738 sqft (bottom 16%) · Built in 1912 (21 yrs older than avg)

Located in a above-average income area with median household income of ~82k

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

30% smaller than neighborhood avg.

Year Built

Below average

21 yrs older than neighborhood avg.

Mother tongue

English · 80%Tagalog · 8%

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

42.7 is composed by the two sections below.

Property Score

22.0Low
Living Area738 sqft22Low
Year Built191216Low
Lot Size2,200 sqft18Low
Neighbourhood Sales Activity59Fair

Community Score

73.7Good
Household Income77Good
Education Level63Fair
Housing Stress74Good
Core Housing Need76Good
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: #46110114

Community deep dive

$82K

Median household income

$87K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

27%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)455
Labour force participation rate75%
Median age38.4
Avg household size2.4
Unemployment rate11%
Population density5687 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households27%
Couple families with children21%
Median household income (2020)$82K

Housing

Renter households19%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority18%
Bachelor's or higher (25–64)31%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Tagalog · 7%

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

Rankings

Living Area

below average
738 sqft
0255075100
Same streetBottom 23%Same areaBottom 16%CitywideBottom 6%
Same street · Valour Road
#325 / 421
Bottom 23% · Avg 953 sqft
Same area · Minto
#1,743 / 2,063
Bottom 16% · Avg 1,060 sqft
Citywide · Winnipeg
#183,292 / 194,458
Bottom 6% · Avg 1,342 sqft

Tax-Assessed Value

around average
229k
0255075100
Same streetBottom 39%Same areaBottom 31%CitywideBottom 13%
Same street · Valour Road
#256 / 421
Bottom 39% · Avg 250k
Same area · Minto
#1,415 / 2,063
Bottom 31% · Avg 254.6k
Citywide · Winnipeg
#169,413 / 194,458
Bottom 13% · Avg 390.1k

Year Built

below average
1912
0255075100
Same streetBottom 17%Same areaBottom 18%CitywideBottom 8%

Lot Size

below average
2,200 sqft
0255075100
Same streetBottom 23%Same areaBottom 10%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

638 Valour Road — 22 amenities found within 500 m, across 7 categories, including 7 dining (nearest 258 m), 4 education (nearest 244 m), 1 shopping (nearest 489 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 8/2024CA$250k–300k
Sold price

Same street

Top 43%

Same area

Top 45%

City-wide

Bottom 24%
Sold 9/2022CA$250k–300k
Sold price

Same street

Top 43%

Same area

Top 45%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 638 Valour Road, Winnipeg

Property Overview: 638 Valour Road, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a classic, compact character property built in 1912, situated on a standard city lot in the Minto neighbourhood. Its primary appeal lies in its position as an affordable entry point into the Winnipeg market, with a recent sold price history between $250k-$300k. The living space (738 sq. ft.) is notably modest, ranking below average for the street, area, and city, indicating a home suited for efficient living or with potential for expansion.

The assessed value is around average for its immediate vicinity, suggesting it is priced in line with its local context rather than carrying a premium for lot size or square footage. A thoughtful perspective is that this property represents a "value of place" over "value of space." Buyers are investing more in the location within Minto than in the physical structure itself, which could appeal to those who prioritize neighbourhood character and potential future equity growth over immediate square footage.

This home would best suit first-time buyers, downsizers, or practical investors looking for a lower-maintenance footprint. It’s a pragmatic choice for someone comfortable with a smaller, older home who sees potential in the solid lot and established community, rather than a buyer seeking move-in-ready size or modern amenities.

Section 2: Frequently Asked Questions

1. How does the small living area compare practically?
At 738 sq. ft., the home is significantly smaller than the average house on the street (~953 sq. ft.). This typically means a compact layout, likely with fewer bedrooms or combined living spaces, requiring efficient use of space.

2. What does the assessed value tell us?
The assessed value ($22,900) is near the local average. This generally indicates the property isn’t considered unique or under-improved relative to its closest neighbours, but is well below the citywide average, reflecting the more affordable nature of the area.

3. Are there concerns with a 114-year-old home?
Absolutely. A home built in 1912 requires a diligent inspection. Buyers should budget for updates to foundational systems like wiring, plumbing, and insulation, and be prepared for the ongoing maintenance characteristic of a century-old structure.

4. Is the lot size a limitation or an opportunity?
At 2,200 sq. ft., the lot is smaller than most in the city but is a standard width for the area. It offers manageable outdoor maintenance. For some, it may limit expansion possibilities; for others, it represents a sufficient private space without the burden of a large yard.

5. Why is the sold price range higher than the assessed value?
This is common. The assessed value is for municipal tax purposes and often lags behind the market. The sold price reflects what buyers are currently willing to pay based on market conditions, location, and the home’s condition, which isn’t fully captured in the assessment.

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