Property Overview: 904 Clifton Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home is defined by its efficiency and affordability. Built in 1912, it is a compact, 690 sqft residence on a 2,322 sqft lot in the Minto neighbourhood. The data clearly positions it as a below-average property in terms of size, lot dimensions, and assessed value ($20,600) when compared to its immediate street, area, and the wider city. This isn't a standard family home.
Its core appeal lies in its role as an accessible entry point into the housing market. The very low assessed value and last known sale price range ($150k-$200k in 2020) suggest it is one of the most budget-friendly detached properties available. It would suit a first-time buyer, an investor looking for a rental property with a lower entry cost, or someone seeking a minimalist, low-maintenance footprint. A thoughtful perspective is that its age and modest metrics might offer a unique opportunity: the potential to increase its value through strategic updates is significant, precisely because the starting point is so modest. It’s a property for those who see potential in the essentials.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the average sold price?
The assessed value ($20,600) is for municipal tax purposes and is not a market valuation. The market value, reflected in the 2020 sale price range of $150,000-$200,000, is determined by what buyers are willing to pay.
2. What does "below average – Top 94%" for living area mean?
This means the home's living area (690 sqft) is smaller than 94% of comparable homes on Clifton Street. In other words, only about 6% of homes on the street are smaller. It's a concise way of showing the property is notably compact relative to its immediate neighbours.
3. Is the 1912 build date a concern?
It indicates the home is over a century old. While this can mean character, it also necessitates a particularly thorough inspection for foundational integrity, wiring, plumbing, and insulation. Modernization is likely needed, which should be factored into the budget.
4. How useful is the lot size for outdoor space or expansion?
At 2,322 sqft, the lot is smaller than most in the area. It provides a manageable yard but limited scope for major additions like a large garage or extension without careful planning and permits. Its smaller size can mean lower maintenance.
5. How can I find out the exact historical sale prices?
The provided sale prices are estimated ranges from public data. To obtain the exact sale price history, you must request it via the email service mentioned on the listing page. This is a manual process done by the listing service.