Property Overview
This one-and-a-half storey home on Carter Avenue in Winnipeg's Ebby-Wentworth neighbourhood presents a straightforward, no-frills opportunity. Built in 1939, it offers 916 sqft of living space with an unfinished basement and a detached garage on a 3,300 sqft lot. The home last sold in June 2021. Its key metrics—living area, land size, and assessed value—are consistently around the average for its immediate street and neighbourhood, but sit below the city-wide average, indicating a more modest and affordable profile within the local context.
Key Characteristics & Appeal
The primary appeal of this property lies in its simplicity and positional affordability. It is a classic, unrenovated character home that represents a genuine entry point into the housing market. Its assessed value is notably lower than the city-wide average, suggesting lower property taxes—a significant ongoing cost savings. The lot size is manageable for first-time homeowners without being overwhelming.
This home would suit a practical, value-conscious buyer. It's ideal for a first-time purchaser comfortable with a home that may need gradual updates, or an investor looking for a stable rental property in an established neighbourhood. Its "around average" standing on its own street means it fits right in, offering community consistency without the premium price of a standout property. A thoughtful perspective is that its very ordinariness in the local context could be a strength, providing insulation from volatile market swings that affect more "trending" areas.
Frequently Asked Questions
1. What is the significance of the home's rankings versus street, neighbourhood, and city averages?
The data shows the home is typical for Carter Avenue and Ebby-Wentworth in size, value, and lot, but is more modest compared to the entire city. This highlights it as an affordable option within its specific community.
2. Has the home been renovated?
The listing specifies the basement is "not renovated." The age of the home (1939) suggests major systems like wiring, plumbing, and the roof may be original or older, so a thorough inspection is advised to understand the condition of the core structure.
3. What are the potential benefits of a lower assessed value?
A lower assessed value typically translates to lower municipal property taxes, which is a recurring annual savings for the homeowner.
4. What does the "one-and-a-half storey" building type usually mean?
This style often features a main floor with principal rooms and a second floor under sloping roof lines, which may have smaller or fewer rooms. It's a common design for homes of this era.
5. The last sale was in 2021. What should I consider?
The 2021 sale price provides a recent market benchmark. Given the general market movement since then, it's important to research current comparable sales in Ebby-Wentworth to understand today's value.