Property Overview: 772 Clifton Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,152 sqft home, built in 1947, sits on a 3,332 sqft lot in the Minto neighbourhood. Its core appeal lies in its strong value proposition within its immediate area. While the living space is comfortably average for the street and neighbourhood, the property stands out for its assessed value, which ranks in the top 10-12% locally. This suggests it may offer more house for the money compared to many nearby homes. The lot size is smaller than most on Clifton Street but is typical for the wider Minto area.
The home suits practical buyers looking for a solid entry into a mature Winnipeg neighbourhood. It’s ideal for someone who prioritizes interior space and perceived value over a large yard. A recent sale in the $300k-$350k range indicates active market interest. A thoughtful perspective is that this property represents a balanced, established community investment rather than a standout fixer-upper or a sprawling lot, appealing to those seeking stability and relative value in a central location.
Section 2: Frequently Asked Questions
1. How does the assessed value ranking translate to actual property taxes?
While the assessed value is high for the area, property taxes are calculated using a City-determined mill rate applied to your assessment. A higher assessment typically means higher taxes, but it also generally reflects a higher market value relative to neighbours.
2. The lot is smaller than most on the street. Is this a major drawback?
It depends on your priorities. The lot is near the neighbourhood average, so it’s not unusually small for Minto. It means less yard maintenance but may limit expansion or outdoor recreation space compared to some direct neighbours.
3. As a home built in 1947, what should I be mindful of?
Homes of this era often have solid construction but may have outdated plumbing, electrical systems, or insulation. A thorough inspection is crucial to understand the condition of these core systems and plan for any necessary updates.
4. The sold price history shows a range. How can I get the exact figure?
The exact sold price is not publicly available in Manitoba. As noted, you can request it via email from the listing source, who manually provides the data from their records.
5. What does the "above average" assessed value but "around average" city-wide ranking indicate?
This highlights the importance of location context. The property is valued highly within its local Minto market, suggesting good features or condition for that area. City-wide, it aligns with the broader average, reminding buyers that neighbourhood characteristics heavily influence value.