Property Overview: 28 Carriere Avenue, Glenwood, Winnipeg
Key Characteristics & Appeal
This one-storey home in Glenwood is defined by a clear contrast: its living space is modest at 633 sqft, placing it well below average for the street, neighborhood, and city. The basement exists but is unrenovated, and the home features a detached garage. Built in 1943, its age is typical for the area. The primary standout feature is the land. At over 6,000 sqft, the lot size is in the top 7% for both the street and Glenwood, offering significant outdoor space that is rare for the area.
The appeal here is fundamentally for a specific buyer. It suits those looking for an entry point into homeownership with a focus on land value and future potential, rather than move-in-ready size or finish. The very low assessed value reflects the compact and dated nature of the home itself. This makes it a candidate for investors, builders, or handy buyers who see the value in the substantial lot and are prepared to live in a small footprint while planning renovations, an addition, or even a future rebuild. It’s not a home for someone seeking ample, modern living space immediately.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessment heavily reflects the size, condition, and features of the home itself, which is small and unrenovated. The value is in the land, which is not fully realized in the assessment until the property is improved or redeveloped.
2. What does "below average" for living area mean in practical terms?
With 633 sqft, this is a compact home. It likely has one or two small bedrooms and limited common space. Buyers should be comfortable with a cozy layout typical of older, smaller houses.
3. Is the large lot a guarantee I can build an addition or new home?
While the lot size is favorable, you must always verify with the City of Winnipeg’s planning department for zoning bylaws, setback requirements, and any other restrictions that apply to new construction or major expansions.
4. The last sold price range (2019) is close to the current assessed value. Does that mean it hasn’t appreciated?
Not necessarily. The assessed value is for taxation purposes and can lag behind market value. The true market value is determined by what buyers are currently willing to pay for the combination of land and house in today’s market.
5. Who would this property not be suitable for?
It is likely not a good fit for families needing multiple bedrooms and ample living space now, or for buyers who want a turn-key, low-maintenance home without immediate renovation plans or tolerance for a project.