Property Overview: 872 Clifton Street, Winnipeg

Key Characteristics & Appeal

This home at 872 Clifton Street is a compact, century-old property (built in 1926) in Winnipeg's Minto neighborhood. Its key characteristic is its modest scale, featuring 724 sqft of living space on a roughly 3,500 sqft lot, which is below average in size both locally and city-wide. The appeal lies primarily in its position as an accessible entry point into the market. With a notably low assessed value and a last known sale price in the $200k-$250k range (2022), it represents one of the more affordable detached property options available.

The home would suit first-time buyers or investors seeking a lower-cost footprint with potential. Its lot size is relatively standard for the immediate area, which could appeal to someone valuing outdoor space over interior square footage. A thoughtful perspective is that this property exists in a state of contrast: while its living area is among the smallest compared to peers, its lot offers typical development potential for the street, presenting a value proposition based on land rather than the existing structure. It’s a practical choice for those comfortable with a smaller home or viewing it as a long-term renovation project, rather than buyers seeking move-in-ready size and modern finishes.

Frequently Asked Questions

1. Why is the assessed value so much lower than the average sold prices mentioned?
The assessed value for tax purposes is often significantly lower than market value. The provided averages for "comparable homes" (e.g., $270k on the same street) are likely closer to current market values, indicating this property may be priced below neighborhood averages.

2. What does the "Top 89%" ranking for Living Area mean?
This means the home's living area (724 sqft) is smaller than about 89% of comparable homes on Clifton Street. In other words, it's in the bottom 11% for size on its own street, confirming it's a compact dwelling.

3. How old is the house, and what should I consider?
The home was built in 1926, making it 100 years old. Buyers should budget for potential updates to older mechanical systems (like plumbing and wiring) and consider the maintenance typical of a century-old structure, while also appreciating the character of an older home.

4. Is the lot size a positive aspect?
Potentially, yes. While below the city-wide average, the lot is around average for both the street and the Minto area. For a home of this size, the lot provides a good ratio of outdoor to indoor space and may offer future expansion potential, which is a key asset.

5. How can I find out the exact historical sold price?
The exact sold prices are not publicly displayed in detail here. You can request the precise history by emailing the listing service via the "Get exact sold price history" button, as they manually provide this data.