Property Overview: 56 Carmen Avenue, Glenelm, Winnipeg
Key Characteristics & Buyer Appeal
This one-and-a-half storey home in Glenelm presents a solid, renovated foundation in a well-established neighbourhood. Its key characteristics include a renovated basement, a detached garage, and a 1941 build date that is notably newer than many area homes. With 1,154 sqft of living space, it sits comfortably around the average for its immediate street and neighbourhood.
The appeal lies in its above-average positioning on Carmen Avenue itself. The home ranks highly for its assessed value, year built, and land size compared to its direct neighbours, suggesting it is a well-regarded property on the block. The renovated basement adds modern livability to the classic character. It would suit a first-time homebuyer or a downsizer looking for a manageable, move-in-ready home in a quiet, mature area without the premium of a new-build. A thoughtful perspective is that while its city-wide rankings for size and value are more modest, its strong standing within its micro-location indicates a property that likely offers good stability and pride of ownership in its specific community context.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold in August 2021 for an estimated range of $32.50k to $35.50k. Its current assessed value is $28.80k. It's important to consult a real estate professional for a current market valuation, as assessed values for taxation don't always align directly with market sale prices.
2. Is the lot size typical for the area?
At 3,077 sqft, the lot is above average for Carmen Avenue but around the average for the broader Glenelm neighbourhood. It offers a decent urban yard size without extensive maintenance.
3. The home is noted as "newer" than others on the street. What does that mean?
Built in 1941, this home is younger than the average build year on Carmen Avenue (approx. 1925) and in Glenelm. This can sometimes translate to updates in original construction materials or floorplans, though all homes of this era will have similar considerations for maintenance and updates.
4. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This should be a key point of inquiry to understand the finish quality, ceiling height, and whether it includes a legal secondary suite or additional living space.
5. How does this home compare to others with a similar assessed value across Winnipeg?
The provided data shows city-wide comparable assessed values around $390k, but this includes a vast array of property types and locations. The $28.80k assessment here is specific to its local market context. For a true comparison, focus on similar property types (one-and-a-half storey homes) within established neighbourhoods, not city-wide averages.