Property Overview: 1025 Clarence Avenue, Maybank, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1025 Clarence Avenue presents a specific and compelling profile. Built in 2003, it is a notably newer construction compared to most homes in its immediate area, city-wide, and across the Maybank neighbourhood. This is its primary advantage, suggesting modern building standards, systems, and potentially less immediate need for major updates.
The property’s appeal lies in this balance of relative modernity within an established community. With a living area of 802 sq ft, it is a compact home, ranking below average in size for its street and city. This, coupled with a smaller lot size, positions it as a low-maintenance option. Its assessed value of $380k is around the city-wide average but is considered above average for the Maybank area itself, indicating the premium for a newer build in that locale.
This home would best suit first-time buyers, downsizers, or investors seeking a modern, manageable property. It’s for those who prioritize a newer structure and efficient use of space over square footage and expansive outdoor areas. A thoughtful perspective is that its smaller footprint and newer build could translate to lower utility and upkeep costs, offering a different kind of value beyond pure size.
Section 2: Frequently Asked Questions
1. How does the smaller living space compare to nearby homes?
At 802 sq ft, this home is significantly more compact than the average comparable home on its street (~1,067 sq ft) and in Winnipeg overall (~1,342 sq ft). It is designed for efficient living rather than spaciousness.
2. Why is the assessed value considered above average for Maybank?
While the $380k assessment is around the city average, it ranks highly within the Maybank neighbourhood because the home is much newer (2003) than the area’s typical housing stock (average year built ~1960).
3. What are the implications of the smaller lot size?
The lot is 3,276 sq ft, which is below average for the area. This means less yard maintenance but also limited space for expansions, large gardens, or extensive outdoor recreation.
4. Is the sold price history available?
Exact sold prices are not publicly listed. Available data indicates a sale occurred between 2016-2025 in the range of $250k-$300k. The precise sale price can be requested directly from the listing service.
5. What is the immediate neighbourhood like?
The listing shows several other homes on the same block of Clarence Avenue, suggesting a typical, established residential street. The "neighbourhood analysis page" would provide detailed mapping and comparisons with nearby properties.