Property Overview
This 952 sqft bi-level home at 807 Carter Avenue in Winnipeg's Ebby-Wentworth neighbourhood presents a practical, modern living option. Built in 2013, it is notably newer than most homes in its immediate area and city-wide. Its key feature is a renovated basement, adding functional living space. The property sits on a modest 2,590 sqft lot, which is smaller than average for the city but typical for the local streetscape. There is no garage or pool.
The appeal lies in its modern construction within an established neighbourhood, offering move-in readiness with less concern for major aging infrastructure repairs common in older homes. Its assessed value ranks consistently above average for its street, neighbourhood, and even city-wide, suggesting it is viewed as a solid asset in its category.
This home would suit first-time buyers or downsizers seeking a low-maintenance, contemporary property without the premium of a brand-new subdivision. It’s also a pragmatic choice for value-focused investors or buyers who prioritize updated interiors and a newer building envelope over larger lot size.
Frequently Asked Questions
1. How does the smaller lot size impact living here?
While the lot is below the city-wide average, it is around average for Carter Avenue itself. This typically means lower yard maintenance and may contribute to a closer-knit street feel, but offers less private outdoor space.
2. The assessed value seems high relative to the living area. Why?
The above-average assessment is likely driven by the home's newer age (2013) and renovated basement. These factors often lead to a higher valuation than older, unrenovated homes of a similar size, as they imply lower immediate capital costs for a buyer.
3. What does "around average" for living area on the street mean?
With 952 sqft, this home is very close to the typical size for Ebby-Wentworth (~1,022 sqft). It provides standard space for the area, making its value proposition more about its condition and age than its square footage.
4. Is the lack of a garage a significant drawback?
This depends on buyer needs. Many homes in older neighbourhoods lack garages. The trade-off is often a shorter driveway or street parking, but this is compensated for by the character and location of the established area.
5. The home sold in 2017 for close to its current assessed value. What does that indicate?
It suggests the property has maintained its market value well over several years. For a buyer, this can indicate stability, but it's always wise to research current market conditions to see if this assessment aligns with recent sale prices of similar homes.