737 Clifton Street

Property Overview

737 Clifton Street is a compact, 682 sqft home built in 1944 on a standard 3,394 sqft lot in Winnipeg's Minto neighbourhood. Its primary appeal lies in its position as an affordable entry point into the housing market. The home sold recently for an estimated $350k–400k, a price point that is notably competitive within its immediate area. The assessed value is modest at $27,300, which, while low citywide, is relatively high for Minto, suggesting the property is seen as a stronger asset within its local context.

This home would suit first-time buyers, investors, or downsizers seeking minimal upkeep and a lower financial barrier to entry. Its smaller size and vintage indicate a project-free lifestyle or a straightforward investment property, rather than a family-sized home. A less obvious perspective is its potential as a "value hold" in Minto; its above-average assessment for the area could indicate a stable footing in a neighbourhood where values are generally lower, offering a buffer against market fluctuations.

Frequently Asked Questions

1. Why is the living area so much smaller than nearby homes?
At 682 sqft, this home's living space is significantly below the average for its street, area, and city. This is characteristic of many wartime-era houses and is a key factor in its accessible price point.

2. How can the assessed value be so much lower than the recent sale price?
The $27,300 assessment is for municipal tax purposes and is often calculated using older data and formulas. The recent sale price ($350k–400k) reflects the current market value, which is influenced by recent sales, demand, and condition.

3. What does it mean that the assessed value is "above average" for Minto?
While the assessment is low citywide, it ranks in the top 29% within the Minto area. This suggests that, compared to its immediate neighbours, this property is viewed by assessors as having relatively higher value, possibly due to its lot size, location on the street, or condition.

4. Is the 1944 build date a concern?
The year built (1944) is typical for the street and area. While it implies potential for older building materials and systems, it is not an outlier. A thorough inspection is always recommended for homes of this age.

5. How do I find out the exact sold price?
The exact sale price is not publicly displayed in detail due to data source limitations. You can request it by email via the button on the property page; the service provides the accurate figure manually without using your email for marketing.