688 Valour Road

Minto, Winnipeg

Property score

40.9

Below average

Overall 40.9 · Smaller than most nearby homes

640 sqft (bottom 5%) · Built in 1930 (3 yrs older than avg)

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

Transit 100.0 · 1-min walk to transit with 6 nearby routes · Within 500m: 10 dining spots, 2 schools, 3 parks, and 1 bank/ATM nearby

Living Area

Below average

40% smaller than neighborhood avg.

Year Built

Near average

3 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

40.9 is composed by the two sections below.

Property Score

19.0Low
Living Area640 sqft15Low
Year Built193022Low
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
640 sqft
0255075100
Same streetBottom 7%Same areaBottom 5%CitywideBottom 2%
Same street · Valour Road
#392 / 421
Bottom 7% · Avg 953 sqft
Same area · Minto
#1,970 / 2,063
Bottom 5% · Avg 1,060 sqft
Citywide · Winnipeg
#191,451 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

around average
225k
0255075100
Same streetBottom 33%Same areaBottom 28%CitywideBottom 12%
Same street · Valour Road
#281 / 421
Bottom 33% · Avg 250k
Same area · Minto
#1,481 / 2,063
Bottom 28% · Avg 254.6k
Citywide · Winnipeg
#170,848 / 194,458
Bottom 12% · Avg 390.1k

Year Built

around average
1930
0255075100
Same streetTop 49%Same areaTop 45%CitywideBottom 18%

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

688 Valour Road — 19 amenities found within 500 m, across 6 categories, including 10 dining (nearest 397 m), 2 education (nearest 174 m), 3 parks (nearest 261 m).

Search radius
🍽️Dining10
🏫Education2
🌳Parks3
🏦Finance1
Fuel Stations1
Worship2

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$200k–250k
Sold price

Same street

Bottom 46%

Same area

Bottom 45%

City-wide

Bottom 21%
Sold 8/2019CA$200k–250k
Sold price

Same street

Bottom 22%

Same area

Bottom 19%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 688 Valour Road, Winnipeg

Property Overview

This home at 688 Valour Road is a compact, character property built in 1930. Its key appeal lies in its position as an affordable entry point into the Winnipeg market, particularly within the Minto neighbourhood. At 640 square feet of living space on a 2,200 square foot lot, it is notably smaller than most comparable homes on its street, in the area, and across the city. This is reflected in its assessed value of $22,500, which is below the city-wide average but closer to the norm for its immediate vicinity.

The property suits practical, budget-conscious buyers. It’s ideal for a first-time homebuyer seeking minimal upkeep, an investor looking for a straightforward rental property, or someone wanting to downsize into a manageable, low-cost holding. Its older vintage means it carries historic charm but also implies a need for diligence regarding maintenance and updates. A thoughtful perspective is that its smaller scale and lower taxes could offer financial flexibility, while its average lot size for the street provides a decent outdoor space relative to the home's footprint.

Frequently Asked Questions

1. Is this a small house?
Yes. At 640 sq ft, its living area is significantly smaller than most homes in Winnipeg, ranking in the bottom 7% city-wide. It is a compact, efficient layout.

2. Why is the assessed value so much lower than the city average?
The assessed value of $22,500 is based on municipal valuation, which heavily factors in the home's size, age, and characteristics. Its compact size and older age place it below the broader city average for assessed value, though it is more aligned with averages on its own street.

3. What can the sold price history tell me?
The home sold in 2019 and again in 2023, both times within the $200k-$250k range. This indicates its market price is far higher than its assessed value for tax purposes, which is common. The exact sold prices are available upon request.

4. What are the implications of the home being built in 1930?
As a 96-year-old home, it offers classic character but warrants a thorough inspection. Potential buyers should budget for possible updates to systems like wiring or plumbing and consider energy efficiency compared to newer builds.

5. How does the lot size compare?
The 2,200 sq ft lot is below average for the city but is not the smallest on Valour Road. It provides a modest outdoor space typical for the central street, offering a balance between yard maintenance and usable area.

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