Property Overview: 40 Clarendon Road, Winnipeg
Key Characteristics & Appeal
This home at 40 Clarendon Road in Niakwa Place presents a compelling mix of space, value, and established neighbourhood character. Built in 1969, its key strength is its generous 1,575 sqft living area, which ranks in the top 11% for size on its street and above the city-wide average. This suggests a home with ample room for a growing family or those who value spacious interiors. The assessed value of $438k is notably above average for the immediate street and city-wide, indicating a property perceived to have premium features or condition within its peer group.
The appeal lies in this above-average offering within a mature, stable neighbourhood. While the lot size is slightly smaller than others on Clarendon Road, it remains above the Winnipeg average, providing decent outdoor space. The home’s value proposition is nuanced: it offers more house and a higher assessment than many direct neighbours, yet sits around the median for the broader Niakwa Place area. This positions it as a solid, substantial home without the premium of a larger lot.
This property would suit buyers prioritizing interior space over expansive yards, and who appreciate an established area with a mix of home values. It’s ideal for someone looking for a home that stands out in its immediate vicinity for its size and perceived worth, within a well-ranked city-wide context.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value ($438k) is for municipal tax purposes and is a starting point for market valuation. Given it's above average for the street and city, it suggests a well-appointed home, but the final sale price will be determined by current market conditions, the home's exact state, and buyer demand.
2. The home was last sold in 2019. What does that mean?
A sale eight years ago provides a historical price point (reported between $350k-$400k), but significant market changes have occurred since. This history is less indicative of current value and more useful for understanding long-term ownership patterns.
3. The lot is smaller than others on the street. Is that a major drawback?
It depends on your priorities. The lot (6,158 sqft) is below the street average but still above the city-wide average. You're trading some yard space for a notably larger-than-average house. For buyers who value indoor living area, this can be an efficient trade-off.
4. What does "around average" for the neighbourhood mean?
For metrics like assessed value in Niakwa Place, it means the home is typical for this specific area. It’s not an outlier, suggesting it fits the local market norms, which can be reassuring for resale value and neighbourhood consistency.
5. How reliable is the sold price data shown?
The site notes this data is from public sources, not the MLS, and is presented in a broad price band. For precise historical sale figures, you must request a manual lookup from the provider, as full MLS transaction records are not displayed here due to industry rules.