Property Overview: 1241 Clifton Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic, compact character property built in 1913, situated on a standard-sized lot in Sargent Park. Its primary appeal lies in being an accessible entry point into the Winnipeg market, with an assessed value significantly below area and city averages. The data suggests it is one of the more modestly sized and valued homes on its street and in the wider city, which translates to a lower financial barrier to entry.
This property would suit first-time buyers, investors looking for a rental property, or downsizers seeking a manageable footprint without leaving established neighborhoods. Its appeal is practical and financial rather than based on size or modern amenities. A thoughtful perspective is that a home of this vintage and scale offers a chance to own a piece of the city's architectural history without the premium often attached to larger, updated character homes. It represents a "blank canvas" opportunity, where value can be added over time through renovations and updates tailored to the owner's taste and budget.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
At 742 sqft, the living area is below the average for Sargent Park (953 sqft) and significantly below the Winnipeg average (1,342 sqft). It is among the more compact homes on Clifton Street itself.
2. Is the assessed value a good indicator of its market price?
The assessed value is $191k, which is notably lower than averages for the street, area, and city. While assessment and market value can differ, this consistently low ranking suggests the property is valued well below typical market benchmarks, which is often reflected in a more affordable selling price.
3. What can the recent sold price data tell me?
The home sold between $250k-$300k in late 2024. This placed it in the top 59% of sales on its street but only the top 41% within Sargent Park, indicating it sold for less than many area homes but was competitively priced for its immediate block.
4. Are there any advantages to the lot size?
The lot of 3,741 sqft is very close to the street and neighborhood average. It provides a standard outdoor space for the area but is below the much larger citywide average, reflecting the more compact lot sizes in older, central neighborhoods.
5. Where can I get verified sale history and exact figures?
The provided data is compiled from public records, not the MLS. For fully verified transaction history and exact sold prices, you must request a manual lookup from the site via email, as industry rules prevent the display of MLS records here.