Property Overview
This residence at 544 Clifton Street offers 1,865 square feet of living space—a standout feature that places it in the top 2% on its street and top 15% citywide in Winnipeg. The home was built in 1913, consistent with the character of the Wolseley neighbourhood, where many homes date from the early 1900s. Its assessed value sits at $299,000, slightly above the average for Clifton Street but below both the Wolseley neighbourhood and citywide averages. The lot is 2,472 square feet, which is smaller than typical for the area and the city.
The appeal here is straightforward: generous interior space in a well-established, walkable neighbourhood, at a price point that undercuts many comparable homes in Wolseley. The trade-off is a modest lot and an older structure that may need updating. This property would suit buyers who prioritize square footage and location over yard size, and who are comfortable with a century-old home—whether as a primary residence with room to grow, or as a renovation project in a desirable part of the city.
Frequently Asked Questions
1. How does the property’s assessed value compare to others in Wolseley?
The assessed value of $299,000 is noticeably lower than the Wolseley neighbourhood average of $371,000. This means the property is more affordable than many nearby homes, but the lower assessment may also reflect factors like lot size or the home’s condition relative to others in the area.
2. Why is the living area so much larger than average for the street?
At 1,865 square feet, this home is nearly double the average living area on Clifton Street (1,062 sqft). This suggests it was either built as a larger family home originally or has had additions. Buyers looking for extra indoor space without moving to a different neighbourhood will find this a rare option.
3. Is the small lot a concern for resale or use?
The 2,472 sqft lot places it in the bottom 20% on the street and bottom 96% citywide. While this limits outdoor space and expansion potential, it also means less yard maintenance. For buyers focused on interior living space or a central location, the smaller lot is often a fair compromise.
4. What should I know about a home built in 1913?
Homes from this era often have solid construction, character details, and mature surroundings. They may also come with older plumbing, electrical, and insulation. Buyers should budget for potential updates and consider a thorough inspection. The 1913 build is older than average for Clifton Street (1940) and the city (1966), but typical for Wolseley.
5. How does this property compare to new construction?
Newer homes in Winnipeg typically have larger lots and higher assessed values, but often less square footage at a similar or higher price. This property offers more indoor space for less money, but with older systems and a smaller yard. It’s a value play for those who prioritise space and location over modern finishes or a big backyard.