Property Overview: 846 Carter Avenue
Key Characteristics & Appeal
This two-storey home at 846 Carter Avenue is a modern property built in 2018, offering a move-in-ready opportunity with a renovated basement. Its primary appeal lies in its above-average size and contemporary build within its local context. With 1,380 sqft of living space, it ranks in the top 16% on its street and top 17% in the Ebby-Wentworth neighbourhood for square footage, offering more room than many nearby homes. The 2018 construction date is a significant standout, placing it in the elite top 5% newest homes on the street and top 4% citywide, suggesting modern building standards, systems, and less immediate maintenance.
The home suits buyers looking for a modern, low-maintenance property in a mature neighbourhood without needing renovations. It’s ideal for small families, professionals, or downsizers who prioritize interior space and contemporary features over a large yard, as the 2,500 sqft lot is notably smaller than area averages. The above-average assessed value reflects its relative desirability and newer condition compared to neighbours. This property represents a trade-off: a newer, spacious home on a compact, manageable lot.
Frequently Asked Questions
1. How does the property’s age impact potential costs?
As a 2018 build, major components like the roof, HVAC, and appliances are likely still within their expected lifespans, potentially reducing near-term repair and replacement costs compared to older homes in the area.
2. The lot size is noted as below average. What does this mean practically?
The 2,500 sqft lot is smaller than most in Winnipeg and the immediate area. This means lower yard maintenance but also limited space for expansions, large decks, or extensive landscaping. It emphasizes the property’s focus on interior living space.
3. What is indicated by the significant difference between the 2019 sale price and the current assessed value?
The home sold for $360k in 2019. The current assessed value is $50,800k. It’s crucial to understand that in Manitoba, assessed value is for municipal tax purposes and is not an appraisal of market value. Market value is determined by recent sales of comparable properties.
4. Are there any apparent red flags in the sales history?
The data shows a prior sale in 2017 for $15,500k, which is atypical for a residential property. This was likely a land sale or transfer before the current home was built in 2018, not a reflection of the finished home’s value.
5. What does the "renovated basement" entail?
The listing confirms a renovated basement but does not specify the details. Buyers should inquire about the scope of renovation, whether it includes a proper secondary suite (and if it’s legal/permited), the ceiling height, and if it has separate exterior access.