Property Overview
850 Carter Avenue is a compact, one-storey home in Winnipeg's Ebby-Wentworth neighbourhood. Built in 1947, it offers 700 sqft of living space on a 3,750 sqft lot, with a detached garage. Its assessed value is $270,000. The home presents a straightforward, no-frills opportunity in a mature area.
Key Characteristics & Appeal
This property’s primary appeal lies in its simplicity and position as an attainable entry point into the market. The home is notably smaller than average for the city, street, and neighbourhood, which translates to a more manageable scale for maintenance and upkeep. Its assessed value is around the average for its immediate area, suggesting it is priced in line with local expectations rather than carrying a premium for size or luxury.
The appeal is practical: it suits first-time buyers, downsizers, or investors looking for a low-maintenance footprint. The lot size is typical for the area, offering a decent outdoor space without being overwhelming. As a post-war build, it’s a candidate for gradual modernization, appealing to those with a vision for a cosmetic update rather than a major structural overhaul. A thoughtful perspective is that its smaller size and average valuation for the street could offer relative insulation from the volatility that sometimes affects more highly leveraged or premium-priced homes in the area.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
At 700 sqft, the living area is below the average for Carter Avenue, the Ebby-Wentworth neighbourhood, and Winnipeg overall. It is among the more compact homes on the street.
2. Is the assessed value considered high for this area?
The $270,000 assessment is around the average for Carter Avenue and Ebby-Wentworth. Citywide, however, it falls below the average assessed value.
3. What is the typical lot size in this area?
The 3,750 sqft lot is very close to the average for both the street and the neighbourhood, offering a standard-sized urban yard.
4. Are there comparable recent sales in the area?
Nearby properties with similar size and vintage, such as 796 and 792 Weatherdon Avenue, have recent assessed values between $230k and $266k, providing a relevant benchmark.
5. What might the smaller living space mean for a buyer?
It suggests lower utility costs and less space to maintain, but also requires efficient use of space. It may not suit those needing multiple bedrooms or dedicated work-from-home areas without considering a potential expansion.