Property Overview: 103 Clayton Drive, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in Lavalee, built in 1957. With 816 sqft of living space, it is smaller than the average Winnipeg home, offering a low-maintenance footprint. The property sits on a roughly 5,000 sqft lot, which is typical for the immediate street but smaller than many in the broader neighbourhood. It features a detached garage and a basement that is present but not renovated.
Its primary appeal lies in its affordability and efficiency, reflected in its below-average assessed value compared to both the neighbourhood and the city. This presents a clear value proposition for entry into the market. The home’s age is actually above average for Clayton Drive itself, suggesting it is among the more established homes on the street.
This property would best suit first-time buyers, downsizers, or investors seeking a practical, no-frills home where the value is in the land and structure, not in recent upgrades. It’s for someone comfortable with a project space (the basement) and who prioritizes financial accessibility over square footage.
Frequently Asked Questions
1. Is this a small house?
Yes. At 816 sqft, the living area is below the city-wide average. It’s a compact layout suited for individuals, couples, or those looking to minimize space and upkeep.
2. Why is the assessed value so much lower than the city average?
The assessed value is based on factors like the home's size, age, and specific market area. This home’s smaller square footage and unrenovated condition place its municipal valuation in a lower tier, which is typically reflected in a more accessible price point.
3. What does "basement not renovated" mean?
It indicates the basement is unfinished or in its original state. It provides valuable extra space for storage or utilities, but any living area or recreation room would require investment to complete.
4. How does the lot size compare?
The lot is approximately 5,010 sqft. This is average for Clayton Drive but is considered below average for the larger Lavalee area, where many properties are more spacious.
5. The home sold in late 2019. What can that price tell me?
The past sale price provides a historical benchmark, but it does not determine current market value. It’s most useful for understanding price trends over time, and should be considered alongside more recent sales and current market conditions.