529 Clifton Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1927 home with 858 sq ft of living space on a 3,080 sq ft lot, located on Clifton Street in Winnipeg's Wolseley neighbourhood. The property's main appeal is value relative to its immediate street. While the home is smaller than average at every level—street, neighbourhood, and city—its assessed value on Clifton Street ranks in the top 14%, meaning it’s priced higher than most nearby properties despite its size. That mismatch suggests a home that may offer better finishes, a more desirable lot orientation, or location advantages that don't show up in square footage.
Its age (1927) places it older than the street and city averages but newer than the typical Wolseley home, where many properties date to the 1910s. For buyers who value character and an established neighbourhood but want something slightly more recent than the local norm, this hits a middle ground.
The property would suit buyers who are comfortable with a smaller footprint and prioritize street-level value or walkability over raw space. It may also appeal to those looking for a Wolseley entry point without paying a premium for a larger or fully renovated home. Investors might consider the gap between its street-rank assessment and its smaller size as a sign of land value or redevelopment potential, though the lot itself (3,080 sq ft) is on the smaller side by local standards.
Five Possible FAQs
1. How does this property compare to others on Clifton Street?
It’s smaller than most homes on the street (bottom 28% for living area), but its assessed value is in the top 14%. That suggests it’s not priced purely on square footage—location within the street, condition, or lot characteristics may be driving its relative value.
2. Is the home considered old or historic for the area?
It was built in 1927. That’s older than the average home on Clifton Street (1940) and the city overall (1966), but newer than the typical Wolseley home (1916). It fits the general character of the neighbourhood without being among the oldest.
3. How does the lot size measure up?
At 3,080 sq ft, the lot is below the street average (3,743 sq ft) and well below the city average (6,570 sq ft). Within Wolseley it’s about average, which is typical for the area—smaller urban lots are common.
4. Does the assessed value mean the property is overpriced?
Not necessarily. The assessment ranks high on the street but near average for the neighbourhood and city. That pattern often reflects a home that’s been well-maintained or updated, or simply located on a more desirable stretch of Clifton. Worth verifying with a recent inspection.
5. What type of buyer would this property not suit?
Anyone who needs a large home, a big yard, or a newer build would likely find it limiting. It’s also less suited for buyers who want to match the square footage or lot size typical of newer suburban homes—this is compact, older, and urban in scale.