Property Overview: 870 Clifton Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 870 Clifton Street in the Minto neighbourhood presents a distinct profile defined by its contrasts. Built in 1957, it is a notably newer construction compared to most homes on its street and in the immediate area, offering potential advantages in terms of building materials and systems. With 858 sqft of living space, the interior is compact, ranking below the city-wide average, which suggests a efficient, manageable layout.
The property’s primary appeal lies in its financial metrics and lot. It has a very low assessed value ($30,800), placing it in the top 14% of homes on Clifton Street for this metric. This indicates a significantly lower property tax burden compared to neighbours, which is a major, ongoing cost savings. The 3,480 sqft lot is a comfortable size for the area and provides valuable outdoor space.
This home would suit a specific type of buyer: a first-time purchaser or an investor seeking an entry point into the market with minimal tax overhead. It’s also a practical fit for someone looking to downsize into a low-maintenance property without sacrificing yard space. A thoughtful perspective is that the combination of a newer-built home on a mature street could mean fewer immediate major repairs, while the low taxes free up monthly budget for renovations or interior upgrades to maximize the smaller living area.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
While the exact municipal assessment formula is complex, a very low assessed value typically reflects older valuation data or specific characteristics of the property. The key takeaway is that it results in substantially lower annual property taxes, which is a clear financial benefit.
2. Is the smaller living area a concern?
At 858 sqft, the home is cozier than the Winnipeg average. This makes it efficient and easier to maintain, but it requires thoughtful space planning. The appeal here is balancing that interior space with a decent-sized lot.
3. What does it mean that the home is "newer" on an older street?
Being built in 1957 makes this home decades newer than many on its block. This can suggest updated construction methods, potentially newer wiring or plumbing foundations, and possibly less immediate need for major structural updates common in century-old homes.
4. How reliable are the sold price ranges shown?
The listed price ranges are estimates based on public data. To obtain the exact historical sale price, you must request it via the provided email service. This is a manual process used to ensure accuracy and compliance with data regulations.
5. What are the next steps to get more context on this property?
The listing suggests using the "neighbourhood analysis page" to see this home plotted on a map alongside direct neighbours, allowing for a visual comparison of lot size, year built, and value. This is useful for understanding its specific context within the streetscape.