Property Summary: 1016 Clarence Avenue, Winnipeg
Section 1: Overview & Appeal
This 2015-built bi-level home in Maybank offers a modern foundation within an established neighbourhood. Its key characteristic is being a newer construction, ranking in the top 5% for age in Winnipeg, which suggests updated building systems and less immediate maintenance. The home sits on a generous 2,524 sqft lot, placing it in the top 3% for land size on its street, offering valuable outdoor space potential. With 905 sqft of living space and a renovated basement, it provides functional, contemporary living.
The appeal lies in this balance of new and established. Buyers get a low-maintenance, modern home without sacrificing the mature setting of Maybank. It suits first-time buyers or downsizers seeking a turnkey property without the worries of an older home, and value-conscious buyers who prioritize a larger lot for gardening, play, or future expansion over a larger house footprint. A thoughtful perspective is that while the living area is modest, the high lot rank indicates the value may be more in the land and the building's newer condition than in sheer interior size.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" likely include?
While specifics aren't listed, a basement renovation in a 2015 home typically means it was finished into a liveable space (e.g., rec room, bedroom, or office) with proper insulation, drywall, and flooring, adding functional square footage.
2. How does the assessed value relate to the expected selling price?
The assessed value of $38.5k is for municipal tax purposes. The last sale in 2021 was for $42.8k. The selling price will be determined by the current market, but these figures provide a benchmark of its recent value trajectory.
3. There's no garage. Is there parking?
The listing specifies no garage. Parking would be via driveway or street. The large lot size suggests ample room for a driveway, but confirming its parking setup is recommended.
4. The home is newer, but the neighbourhood has older homes. Is that typical?
Yes. Maybank is primarily an older, post-war neighbourhood. This 2015 build is an infill property, making it a modern exception on a street of mostly older homes, which is reflected in its top-tier age rank.
5. How does this home compare to others on the street?
It has a significantly larger lot than most (top 3%) and is much newer (top 89%, meaning only 11% of street homes are newer). However, its living area is closer to the street's average (top 26%). This indicates you're buying a premium lot and a modern structure, not the largest house.