Property Overview
103 Carmen Avenue is a compact, one-storey home in Winnipeg's Glenelm neighbourhood. Built in 1929, it features an 812 sqft living area, a renovated basement, and a detached garage on a 3,071 sqft lot. Its assessed value is positioned around the neighbourhood average, offering a relatively affordable entry point into a mature community.
Key Characteristics & Appeal
This home’s primary appeal lies in its practicality and location. The renovated basement adds functional living space, a valuable asset in a smaller-footprint home. While its living area is below average for the street and city, it represents a classic, manageable layout for a first-time buyer, downsizer, or investor. The detached garage is a notable perk in an older neighbourhood.
Its value is contextual. Within Glenelm, the property holds its own with an assessed value and year built that are both slightly above area averages, suggesting it is a well-situated, typical home for the community. However, compared to the wider Winnipeg market, it sits in a more affordable tier. This creates an opportunity for buyers seeking character in an established neighbourhood without a premium price tag. It would best suit those comfortable with a cozy layout who prioritize location and lot ownership over square footage.
Frequently Asked Questions
1. Is the house particularly small?
Yes. At 812 sqft, the living area is below the average for Glenelm and Winnipeg. This indicates a efficient, compact layout.
2. What does the "renovated basement" include?
The listing specifies a renovated basement but does not detail the finishes or rooms. This would be a key point to clarify with the seller or listing agent.
3. How does the assessed value compare to recent sale prices?
The home sold in 2016 for an estimated $17.5k-$20.5k. Its current assessed value of $24.6k is higher, but remains around the neighbourhood average. Market conditions and improvements since 2016 would influence the current listing price.
4. What are the implications of the 1929 build year?
Built in 1929, the home is older than most in the city. This can mean charming character but also warrants a thorough inspection for updates to major systems like wiring, plumbing, and the foundation.
5. Is the lot size a limitation?
The lot is under 3,100 sqft, which is smaller than many in Winnipeg. This means lower maintenance but also limited space for expansions, large gardens, or outdoor structures.