Property Overview
This is a 1,079 sqft condominium located at 710-916 Cloutier Drive in Winnipeg. Built in 1975, it features a basement and is part of a larger multi-unit building. The property last sold in December 2024 for $270,000 and has a current assessed value of $199,000.
Key Features & Buyer Profile
This unit’s primary appeal lies in its above-average space within its immediate context. At 1,079 sqft, it ranks in the top 1% for living area among the 82 comparable properties on Cloutier Drive, offering more room than typical units in the building or area. While its 1975 construction date is older than the Winnipeg citywide average, it is consistent with the building's era and may appeal to those who appreciate the solid build quality and room layouts often found in mid-70s constructions. The recent sale price suggests a strong, current market valuation.
It would best suit a value-conscious buyer looking for a spacious condominium in a well-established neighborhood. This is not a modern, newly-built unit, but rather a practical home for someone prioritizing interior square footage over a newer build date. It could be an ideal fit for a first-time buyer, a downsizer seeking a manageable yet roomy layout, or an investor attracted to a unit with a recent, clear market transaction.
Frequently Asked Questions
1. What does the "Top 1%" ranking for Living Area actually mean?
It means this specific unit is larger than 99% of the 82 comparable properties used for analysis on Cloutier Drive. You are getting one of the most spacious floor plans available in this building or immediate area.
2. The assessed value is lower than the recent sale price. Why is that?
Municipal assessed value for tax purposes often lags behind current market conditions. The December 2024 sale price of $270,000 is a more accurate reflection of its present market value, indicating buyer demand for this type of unit.
3. Are there any concerns with a building from 1975?
Buildings of this age are common in Winnipeg. The focus should be on the building's maintenance history, the health of its reserve fund, and any recent major renovations (like roofing, windows, or plumbing updates), rather than the age alone. A review of the condominium documents is essential.
4. The data shows many nearby units at the same address (e.g., 101, 102, 103-916 Cloutier). What does this indicate?
This confirms the property is part of a sizable condominium complex or apartment-style building at 916 Cloutier Drive. Unit 710 is one of many within the same structure, sharing common amenities and governed by a condo corporation.
5. How should I interpret the "below average" citywide ranking for the Year Built?
This is a statistical comparison across all Winnipeg. While the unit is older than the city's average home, it is typical for its own neighborhood and building. This ranking highlights a trade-off: you gain significant interior space for the area but in a building that isn't new.