Key Characteristics & Appeal
This 946 sqft home on Clifton Street in Wolseley, built in 1927, sits on a 3,177 sqft lot. Its assessed value is $295,000.
The property’s main strength is its relative affordability within the immediate neighbourhood. Compared to other homes on Clifton Street, its assessed value is above average (top 24%), but when compared to the wider Wolseley area and Winnipeg as a whole, it falls below the average. This suggests the home offers good value for buyers who want to be in a well-regarded, established neighbourhood without paying its peak prices. The trade-off is a smaller-than-average living area and lot size—both are significantly below city-wide averages, though the lot is close to the typical size for Wolseley.
The home’s age (1927) is older than the street average (1940) but newer than the Wolseley average (1916), placing it in a typical vintage for the area. This suits buyers who appreciate the character and established landscaping of an older neighbourhood, but want a structure that isn't among the very oldest in the district.
This property is ideal for: a buyer who prioritizes location and community over raw square footage. It’s a practical fit for someone who values being in Wolseley—known for its tree-lined streets, walkability, and older homes—but whose budget doesn’t stretch to the larger, pricier properties common in that area. It’s less suited for someone needing maximum interior space or a large yard.
Five Frequently Asked Questions
1. How does the property's size compare to others on Clifton Street specifically?
It’s close to average. The living area (946 sqft) is slightly below the street average (1,062 sqft), ranking in the middle third. The lot (3,177 sqft) is also below the street average (3,743 sqft). So on the street itself, it's a modestly-sized property.
2. Why is the assessed value above average for the street but below average for the neighbourhood?
This usually reflects the mix of properties. Clifton Street may have a higher proportion of smaller or older homes, making this one seem relatively valuable. The broader Wolseley area, however, includes many larger, more expensive properties (average assessment: $371k), which pulls the neighbourhood average higher.
3. Is a 1927 home likely to have any specific maintenance concerns?
Generally, yes. Homes of this era often have original foundation systems, aging electrical (knob-and-tube or early wiring), and older plumbing. While well-maintained examples exist, buyers should budget for potential updates, especially to insulation and windows, as the home is newer than many in the area but still nearly a century old.
4. Does the smaller lot size limit future expansion or landscaping?
Possibly. At 3,177 sqft, the lot is modest. Adding a large addition or detached garage could be challenging depending on zoning setbacks. However, for gardens or a patio, it’s on par with typical Wolseley lot sizes, so it won’t feel unusually tight for that neighbourhood.
5. How does this property compare to the average Winnipeg home overall?
On almost every metric, it is smaller and older. The average Winnipeg home is larger (1,342 sqft) on a much bigger lot (6,570 sqft) and newer (1966). The value of this property lies in its specific location and the character of its street, not in competing with the city’s average size or age.