Property Overview: 47 Carmen Avenue, Glenelm
Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Glenelm neighbourhood, built in 1930. With 720 sqft of living space, it is notably smaller than most area homes, placing it in the top 92% for size (meaning only 8% of comparable homes are smaller). This defines its core appeal: it's a manageable, entry-level property. The basement has been renovated, adding functional space, and the lot includes a detached garage.
Its value lies in its efficiency and location. The assessed value is around average for Glenelm and Carmen Avenue itself, suggesting it's priced appropriately for the street and community despite its smaller footprint. For the right buyer, this represents an opportunity to enter a mature neighbourhood without the upkeep of a larger house. It would suit a first-time homebuyer, a downsizer looking to simplify, or an investor seeking a straightforward rental property. A less obvious perspective is that a home of this size and era on a standard city lot (3,074 sqft) offers potential for future expansion or garden space that newer, denser subdivisions often lack.
Frequently Asked Questions
1. Is the living space too small?
At 720 sqft, the home is significantly smaller than the Glenelm average. It's a functional layout for one or two people but requires efficient use of space. The renovated basement is a key asset for adding storage or flexible living areas.
2. How does the assessed value compare?
The assessed value is approximately $23,900, which is very close to the average for both Carmen Avenue and the wider Glenelm area. This indicates the property is assessed in line with its immediate peers, with the lower square footage likely balanced by its location and lot.
3. What is the neighbourhood like?
Glenelm is a mature, established neighbourhood in Winnipeg. The property rankings show homes here are typically older (average build year ~1925) and on moderately sized lots, offering a classic inner-city community feel.
4. Are there recent sales to compare?
A nearby, similar-sized home on Cobourg Avenue sold in the $19.5k-$22.5k range in 2017. For the most accurate and complete sold price history, you can request the exact data via email from the listing source.
5. What are the long-term considerations?
Built in 1930, the home is older than 82% of city-wide properties. While this adds character, prospective buyers should be mindful of the potential maintenance or updates that can come with a home of this age, balanced against the benefits of a renovated basement.