Property Overview: 848 Clifton Street, Winnipeg
Key Characteristics & Appeal
This 1,122 sqft home, built in 1947, sits on a notably generous 4,175 sqft lot in the Minto neighbourhood. Its primary appeal lies in its strong positioning within its immediate area. The assessed value and land size rank well above average for both Clifton Street and the broader Minto area, suggesting a property that holds intrinsic value relative to its closest peers. While the living space is typical for the street, the larger-than-average lot offers valuable outdoor space and potential.
The home would suit practical buyers who understand neighbourhood-centric value. It’s a solid choice for someone looking for a character home with a good footprint in a mature community, possibly a first-time buyer or an investor attracted by the lot size and the property's apparent strength within its local market context. The sale history shows significant appreciation between 2018 and 2021, indicating a positive trajectory.
A less obvious perspective is that this property represents a "big fish in a small pond." Its metrics are strongest when compared to its direct neighbours and area, rather than the city as a whole. This makes it a potentially stable and desirable asset within its specific community, which can be a smart, grounded approach to real estate.
Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value is a municipal figure for tax purposes. Given its above-average ranking on the street and in Minto, and the past sold price range of $350k-$400k in 2021, the current market value is likely significantly higher than the assessed value.
2. What does the lot size ranking mean for me?
Ranking in the top 25% on the street and top 14% in Minto for land area means you're getting more outdoor space than most comparable properties nearby. This allows for greater privacy, gardening, expansion potential, or simply more room for children or pets to play.
3. Is a 1947 home a concern?
The year built is around average for the street but is actually newer than many homes in Minto. While it will have the maintenance considerations of any older home (roof, windows, systems), its above-average ranking in the area suggests it may be in relatively good condition or have been updated compared to its peers.
4. Why are the city-wide rankings much lower?
This is expected for a mature neighbourhood home. City-wide comparisons include vast numbers of newer suburban homes with larger floor plans on bigger lots, which skews the averages. The more relevant benchmarks are the street and area rankings, where this property performs very well.
5. How can I find out the exact past sold prices?
The provided sold prices are estimated ranges from public data. To get the exact historical sale figures, you can use the email request service offered on the listing page. They provide the precise figures manually without using your email for marketing.