Property Overview: 705 Carter Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Ebby-Wentworth presents a compelling blend of space and lot size for its area. Its primary strengths are its generous 1,536 sqft living area, which ranks in the top 10% for both the street and the neighbourhood, and its 5,000 sqft lot, which is in the elite top 2-4% locally. This combination offers more interior room and significantly more outdoor space than most comparable homes nearby. Built in 1947, it is of a typical vintage for the area. The property’s assessed value is above average for Ebby-Wentworth, suggesting it is a substantiated, established holding in the community.
The appeal lies in securing a property that outperforms local norms on key practical metrics: living space and land. It suits a buyer looking for a home with room to grow, garden, or simply enjoy more privacy than the neighbourhood average, without moving to a newer suburban area. It would particularly fit those who value a larger yard over a newer build date, and who appreciate a home with a history and a sizeable footprint that is increasingly rare on older streets.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The living area is notably larger than most, ranking in the top 10% on Carter Avenue and in the Ebby-Wentworth neighbourhood. You are getting more interior space than about 90% of comparable local homes.
2. What is the significance of the lot size?
The 5,000 sqft lot is a standout feature, placing in the top 2% on the street. This means the property offers a much larger yard than is typical for the area, which is a significant advantage for outdoor use, gardening, or future expansion.
3. Is the assessed value high for the area?
Yes, its assessed value is above the local average (top 23% in Ebby-Wentworth). This generally reflects the property’s larger living area and lot size compared to neighbours, though it remains around the citywide median.
4. The home was built in 1947. Should I be concerned?
The build date is very typical for the neighbourhood. While it implies potential for older-home maintenance considerations (roof, wiring, plumbing), it is actually slightly newer than the average home on this specific street.
5. How have previous sale prices trended?
The data shows a significant increase in sale price from 2016 to 2021. This historical growth is noteworthy, but as with any market, past performance should be considered alongside current conditions and a professional appraisal.