Property Overview: 117 Carmen Avenue, Glenelm, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Carmen Avenue is a classic Glenelm character property, built in 1925. With 864 sqft of living space and a 3,072 sqft lot, its size is modest and typical for the immediate street and neighbourhood. The key updated feature is a renovated basement, adding functional living space. A detached garage provides utility or storage.
The primary appeal lies in its position within the sought-after Glenelm community, coupled with strong value metrics for the area. While the home’s square footage is below the citywide average, its assessed value of $280k ranks well above average for both Carmen Avenue and the wider Glenelm neighbourhood. This suggests the value is anchored in the location and lot rather than sheer size. Recent sale activity indicates a stable market.
This property would best suit a first-time homebuyer or a downsizer seeking character in a mature, established neighbourhood without the upkeep of a larger house. It’s for a buyer who prioritizes community and location over expansive square footage, and who sees potential in a home with a renovated basement and a detached garage.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home sold in early 2025 for a price range consistent with its current $280k assessment. This alignment suggests the assessment reflects recent market activity fairly accurately.
2. Is the living space too small?
At 864 sqft, it is compact. However, the renovated basement effectively expands the usable living area. Buyers should consider the total functional space, not just the main floor square footage.
3. What does the "above average" assessment ranking mean for taxes?
While the assessment is high for the street and Glenelm, it is below the citywide average. Property taxes will be influenced by this assessment and the city's mill rate, likely resulting in a tax bill that is moderate for the city but potentially higher than some immediate neighbours.
4. How does the age of the home affect things?
Built in 1925, it is typical for Glenelm. This means potential for classic charm but also the need for a thorough inspection to understand the condition of older components like wiring, plumbing, and the foundation, despite recent renovations.
5. Is the detached garage a full-size garage?
The listing specifies a detached garage but does not give dimensions. On a lot of this size, it is likely a single-car garage or a larger shed-style structure. Viewing or requesting specific measurements is recommended.