Property Overview: 37 Carmen Avenue, Glenelm
Key Characteristics & Appeal
This is a compact, early 20th-century home (built 1912) in the established Glenelm neighbourhood. With 960 sqft of living space and a renovated basement, it offers a practical footprint. The home sits on a standard city lot of just over 3,000 sqft and features a detached garage. Its assessed value is notably modest, positioning it as one of the more accessible entry points within its immediate area.
The primary appeal lies in its location and value proposition within the context of Glenelm. While its size is below the city average, it is more typical for the street and neighbourhood, suggesting a community of similarly scaled homes. The renovated basement adds functional living space. This property would suit first-time buyers or practical downsizers seeking an affordable foothold in a mature, no-frills neighbourhood without a large renovation project. It’s a straightforward home for those who prioritize location and value over square footage, with the understanding that its age will be a defining characteristic.
Frequently Asked Questions
1. Is this a small house?
Yes, at 960 sqft, it is compact. However, the data shows it is closer to the average size for both Carmen Avenue and the wider Glenelm neighbourhood, meaning it fits the local character of homes.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the home's smaller size, older age, and the specific market of the area. It indicates this is a more modestly valued property compared to the Winnipeg average, which is influenced by newer and larger suburban homes.
3. What does the "renovated basement" likely include?
While specifics aren't listed, a renovation in a home of this age typically means the basement has been finished into a usable living space, such as a family room or additional bedroom, and may include updated moisture control and flooring.
4. What are the considerations with a 1912 build?
A home of this age will have character but requires attention to aging components. Buyers should budget for ongoing maintenance and consider inspections focused on foundational integrity, updated electrical and plumbing systems, and insulation.
5. How does the last sold price (2019) relate to today's value?
The 2019 sale price provides a historical benchmark, but market conditions have shifted since then. The current assessed value is a more relevant, though not definitive, indicator for municipal tax purposes. A current market appraisal would be needed to determine today's value.