852 Carter Avenue

Property Overview: 852 Carter Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1947, situated on a standard-sized lot in the Ebby-Wentworth neighbourhood. Its key characteristic is its modest 700 sqft living area, which is notably smaller than average for both the immediate street and the wider city. This translates to a home with lower utility costs and minimal upkeep, appealing to those seeking simplicity and efficiency.

The appeal lies in its position as a genuine entry-point into homeownership. With an assessed value that is around average for its local area but below average citywide, it represents a relatively accessible price point. The detached garage adds practical storage or workshop space. It suits first-time buyers, downsizers looking to rightsize, or pragmatic investors seeking a manageable rental property. A thoughtful perspective is that its smaller footprint and older vintage offer a blank canvas for energy-efficient retrofits or a thoughtful renovation to modernize the layout, potentially adding value in a neighbourhood of similarly aged homes.

Section 2: Frequently Asked Questions

1. Is the house in need of major updates?
As a home built in 1947, buyers should budget for potential updates to major systems like plumbing, electrical, or the roof. A thorough inspection is essential to understand the condition and any immediate needs.

2. How does the small living space compare to nearby homes?
At 700 sqft, the living area is smaller than most homes on Carter Avenue and in the Ebby-Wentworth area. This is a defining feature, ideal for those who prioritize low maintenance but may require creative solutions for storage or living arrangements.

3. What is the neighbourhood like?
Ebby-Wentworth is an established, mature neighbourhood. The property rankings show homes here typically have smaller lots and are older than the Winnipeg average, suggesting a classic, close-knit community feel rather than a newer suburban one.

4. Why is the assessed value significantly lower than the last sale price?
The assessed value ( $25,200 ) is for municipal tax purposes and is not a market valuation. The sale price of $240,000 in April 2023 reflects the actual market value at that time, influenced by factors like condition, updates, and market demand.

5. Are properties on this street similar?
Yes. Nearby listings on Carter Avenue and the comparable property at 796 Weatherdon Avenue show homes of similar vintage (1947) and size (700 sqft), indicating a consistent character for the block.