Here is a clean summary of the property at 502 Clifton Street, written for direct display on a webpage.

Key Characteristics & Buyer Profile

This is a 1913 home in Wolseley with 1,344 square feet of living space on a 2,404 square foot lot. Its assessed value is $309,000.

The property’s main appeal lies in its living space. On Clifton Street, this home ranks in the top 12% for square footage, offering noticeably more room than the street average of 1,062 square feet. However, the lot is small—ranking in the bottom 18% on the street and bottom 12% in the neighbourhood. The home is also older than most on the block, though it fits in well with Wolseley’s generally older housing stock. The assessed value is above average for the street ($309K vs. $269.5K) but below both the neighbourhood and city averages, which may reflect the smaller lot.

The combination of a larger interior on a compact lot makes this a specific fit. It would suit a buyer who prioritizes indoor space over a large yard—someone who wants a generous living area in a historic, walkable neighbourhood like Wolseley, but isn’t looking for extensive outdoor space or a large garden. It may also appeal to buyers who see the lower-than-average assessed value relative to the living area as a potential value play, though the small lot is a fixed constraint.

Five Possible FAQs

1. How does this home’s living space compare to other homes in Wolseley?
It’s around average for the neighbourhood. While it’s spacious for its street, Wolseley has a wide mix of house sizes, and the neighbourhood average is 1,622 square feet. So this home is a bit smaller than the typical Wolseley house, but noticeably larger than what’s common right on Clifton Street.

2. Is the assessed value low compared to the neighbourhood?
Yes. The assessed value of $309,000 is well below the Wolseley average of $371,300. This is likely tied to the smaller lot size (2,404 sqft vs. the neighbourhood average of 3,434 sqft). The home itself is valued above its street average, but the lot pulls the total down compared to neighbours.

3. What is the condition of a 1913 home like this?
The data only gives the year built and living area, not condition. A house from 1913 could have updated systems and finishes, or it could need significant work. You’d need an inspection and a walkthrough to know. That said, an older home in Wolseley often means character details (original trim, layout) but also potential updates needed for plumbing, electrical, and insulation.

4. Why is the lot size so much smaller than average?
It’s a smaller-than-typical lot for both Clifton Street and Wolseley. This could mean less yard maintenance and a more tucked-away feel, but also less space for additions, a garage, or a large garden. For many buyers, this is a trade-off worth making for a larger interior in a central location.

5. How does this home rank citywide?
Citywide, this property sits in the top 39% for living area (bigger than average) and the top 68% for assessed value (lower than average). Its lot size ranks in the bottom 3% citywide—so the indoor space is a relative strength, while the lot is a clear weakness by Winnipeg standards.