Property Overview
920 Clifton Street is a well-established home in Winnipeg's Minto neighbourhood, built in 1946. With 1,107 square feet of living space on a 3,829 square foot lot, it presents a classic, manageable footprint. The data suggests a property that is consistently average to above-average within its immediate area. Its living area and lot size are notably roomier than many Minto and city-wide comparables, offering more space than typical for the neighbourhood. However, its assessed value sits significantly below the city-wide average, which may indicate a different valuation approach or property type compared to the broader market. This home last sold in the 2022 price range of $200k-$250k.
Key Characteristics & Appeal
This home’s primary appeal lies in its solid, proportional offering for the area. It provides more interior and land space than many neighbouring properties, which is a distinct advantage in an older neighbourhood. The lot size, ranking in the top 21% in Minto, is a standout feature, offering valuable outdoor space or future potential. The assessed value being markedly lower than the city average could be attractive for buyers mindful of property taxes, though it warrants understanding the specific assessment rationale.
It would suit practical, value-oriented buyers such as first-time homeowners looking for a character home with room to grow, or investors seeking a property with a strong fundamental footprint in a central location. It’s less suited for those seeking a modern build or the largest city-standard lot, but ideal for someone who prioritizes space and location over brand-new condition.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
This is likely due to the specific comparison group. The assessment appears more aligned with similar properties in Minto and on Clifton Street, where values are lower on average. It may reflect the home’s age, type, or the characteristics of homes in this specific market segment.
2. How does the lot size compare to nearby properties?
The lot is a key feature. At 3,829 sq ft, it is larger than the average lot in both the Minto area and on Clifton Street itself, offering more private outdoor space than many immediate neighbours.
3. What does the sold price history indicate?
The home sold between $200,000 and $250,000 in 2022. This price range positioned it in the top half of sales for Minto at the time, suggesting it was competitively priced for the area's market.
4. Is the living space typical for a home of this era in Winnipeg?
At just over 1,100 sq ft, the living area is slightly above the average for similar homes in both Minto and on its street, indicating a moderately spacious layout for a 1940s build.
5. Where can I see more detailed comparisons with neighbouring properties?
You can use the provided neighbourhood analysis page link to view an interactive map comparing this property directly with nearby homes by year built, size, value, and lot dimensions.