Property Overview: 848 Valour Road, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 848 Valour Road is a classic, compact bungalow built in 1944, 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, particularly for a standalone house. With a living area of 725 sq ft, it is notably smaller than average for the city, indicating a efficient, low-maintenance layout. The assessed value is modest, and a recent 2024 sale in the $250k-$300k range aligns with the local area average.

The property suits first-time buyers, downsizers, or investors seeking a straightforward, no-frills home with lower property taxes. Its value is contextual: while it ranks below average in size and value city-wide, it is much more aligned with—and competitive within—its immediate streetscape and neighbourhood. A thoughtful perspective is that this home represents the "bones" of the market—a pragmatic choice for those prioritizing location and land ownership over square footage, with the understanding that updates may be part of the journey.

Section 2: Frequently Asked Questions

1. How does this home's size compare to others nearby?
At 725 sq ft, the living area is below the average for Valour Road (953 sq ft) and the Minto area (1,060 sq ft). It is a compact, character home typical of its era.

2. What does the assessed value indicate?
The assessed value of $24,700 is around the average for the street and neighbourhood. This suggests the property is priced consistently with nearby homes and will likely correspond with lower annual property taxes compared to the city-wide average.

3. When was it last sold and for how much?
The home sold in 2024. Public data shows a sale price range of $250,000 to $300,000. The exact price can be requested directly from the listing service.

4. Is the lot size typical for the area?
Yes. The land area of 2,903 sq ft is fairly standard for Minto and on Valour Road, where lots are generally modest and uniform in size.

5. How does its age compare to neighbouring houses?
Built in 1944, it is slightly newer than the average home on its street (avg. 1936) and in the Minto area (avg. 1933). This means major components may be of a similar vintage to those in surrounding houses.