Property Overview: 776 Valour Road, Winnipeg

Key Characteristics & Appeal

This is a notably modern home, built in 2023, offering a turn-key living experience in Winnipeg's Minto neighbourhood. Its primary appeal lies in its new construction status, which places it in the top 1% of homes for age both locally and citywide. With 1,316 sqft of living space, it provides above-average interior room compared to most homes on its street and in the immediate area. A standout feature is its exceptionally low assessed value ($44,600), which ranks in the top 1% for the area. This combination suggests a property that is both contemporary and efficient from a property tax perspective.

The home suits buyers seeking a low-maintenance, modern build without a premium suburban lot size. The land area is compact (2,199 sqft), which will appeal to those who prefer minimal yard upkeep. It’s an ideal match for first-time homeowners, small families, or professionals who value new systems, modern finishes, and a home that requires no immediate renovations. A less obvious perspective is its potential as a strategic hold in a neighbourhood where it is a statistical outlier for its newness and assessed value, possibly indicating a unique long-term assessment trajectory.

Frequently Asked Questions

1. Why is the assessed value so much lower than the recent sale price?
The home sold for an estimated $400k-$450k in 2023, yet its assessed value is only $44,600. This is a common disconnect in Manitoba, where property assessments for tax purposes are often significantly lower than market value. The key metric here is that this assessment is exceptionally low even compared to neighbours, which may translate to relatively lower property taxes.

2. What does the "Elite" ranking for Year Built mean?
It means this home is newer than 99% of the comparable properties in its immediate area, on its street, and across Winnipeg. You are effectively buying one of the newest homes available in a city with a predominantly older housing stock.

3. Is the living space sufficient for a family?
At 1,316 sqft, it is above average for Minto and on Valour Road, providing good interior space. However, the lot size is below average. This layout suits families who prioritize indoor living space over a large private yard, making proximity to community parks a valuable consideration.

4. How reliable are the sold price ranges shown?
The ranges are based on public data and provide a good estimate. For the exact historical sale price, you must request it directly via the provided email service, as this information is manually verified and not fully disclosed online.

5. What are the trade-offs for having such a new home in this area?
The benefit is a modern, efficient home with likely fewer immediate repair costs. The trade-off is a smaller lot size than typical for the street and city. You're investing more in the building itself than in the land, which is the inverse of many older properties.