Property Overview & Key Characteristics
858 Carter Avenue is a modern bi-level home in Winnipeg's Ebby-Wentworth neighbourhood, built in 2020. Its primary appeal lies in its combination of new construction and a renovated basement within a well-established area. At just over 1,000 square feet of living space, the home is moderately sized, fitting comfortably within the local context but below the city-wide average. The lot is compact at 2,500 sqft, which translates to lower maintenance.
The property stands out for its above-average assessed value relative to its street, neighbourhood, and the city, indicating it is viewed as a premium offering in its category. This is likely driven by its recent build year, which places it in the top 3-5% of homes locally by age, offering modern systems and minimal immediate repair concerns. The home would suit first-time buyers or downsizers seeking a modern, low-maintenance property without the upkeep of a larger yard or an older home. It’s a practical choice for those who value newer infrastructure and a renovated living space over square footage or expansive outdoor areas.
Frequently Asked Questions
1. What are the main advantages of this home's newer construction?
Beyond just modern finishes, a 2020 build means updated building codes, newer major systems (like plumbing, electrical, and HVAC), and potentially better energy efficiency, leading to predictable utility and maintenance costs for the near future.
2. The lot size is noted as below average. What does this mean practically?
The 2,500 sqft lot requires less time and expense for landscaping, snow clearing, and general upkeep. It's a significant benefit for buyers seeking a low-maintenance lifestyle, though it offers less private outdoor space for gardening or recreation.
3. How does the assessed value compare to the last sale price?
The home last sold in March 2021 for $42,700. Its current assessed value of $460,000 reflects a substantial increase, aligning with market trends and the added value of the renovated basement. This gap is important to discuss with a real estate professional for current pricing.
4. Who might this property not suit as well?
Buyers needing multiple bedrooms, dedicated home office space, or extensive storage may find the ~1,000 sqft layout limiting. Families desiring a large backyard or individuals prioritizing a very large living area relative to the price may also want to consider older homes on larger lots in the area.
5. What is the neighbourhood context of Ebby-Wentworth?
The data shows the home's living area is average for Ebby-Wentworth, but its assessed value and build year are well above average. This suggests the neighbourhood is a mix of older, established homes and newer infill properties like this one, offering a blend of community character and modern housing options.