Property Overview: 867 Clifton Street, Winnipeg
Key Characteristics & Appeal
This 1,078 sqft home, built in 1947, sits on a 3,857 sqft lot in the Minto neighbourhood. Its primary appeal lies in its solid, average positioning within its immediate area. The living space is very typical for Minto, and the lot size is actually above average for the neighbourhood, offering good outdoor space potential. The home last sold between $200k-$250k in 2021, and its current assessed value is notably lower than both the street and city-wide averages. This creates a scenario where the municipal assessment may not reflect recent market trends, which could be a point of interest for negotiation or value assessment.
The property would suit a practical, value-conscious buyer—perhaps a first-time homeowner or an investor—who sees potential in a home that is well-matched to its community's scale. The above-average lot for the area is a subtle advantage for someone interested in gardening, outdoor space, or future expansion. It’s a home for someone comfortable with a property of vintage character, who is more focused on its position within the local context than city-wide comparisons.
Frequently Asked Questions
1. Why is the assessed value so much lower than the averages shown?
The assessed value is an administrative valuation for tax purposes, often lagging behind rapid market changes. Its lower value compared to local averages suggests the property may be assessed conservatively, but the actual market price is determined by recent sales, condition, and buyer demand.
2. How does the 1947 build year affect the home?
Built in the post-war era, the home likely has a classic, sturdy foundation but may require updates to mechanical systems like wiring, plumbing, or insulation. Its build date is newer than many in Minto, which can be a relative advantage.
3. What does the "above average" lot size mean for me?
With a lot size ranking in the top 19% for Minto, you have more outdoor space than most nearby properties. This allows for larger gardens, decks, or play areas, and can be a valuable asset for privacy and future projects.
4. The sold price history shows a range. How can I find the exact price?
The exact sold price is not publicly available in Manitoba. The listing service offers to provide this precise historical data manually via email upon request, as noted on the property page.
5. How does this home truly compare to others on the street?
While its living area is average for Clifton Street, its assessed value ranks in the bottom third. This discrepancy indicates it may be a more modest home on the street or that the assessment is an outlier. Reviewing the neighbourhood analysis map is recommended to visually compare it with direct neighbours.