Property Overview & Appeal
8 Carriere Avenue is a classic two-storey home in Winnipeg's Glenwood neighbourhood, built in 1922. Its primary appeal lies in its generous 7,649 sqft lot, which ranks in the top 2% for size both on its street and in the wider neighbourhood. This presents a significant opportunity for gardening, expansion, or simply enjoying ample private outdoor space—a rare find in the city. The 1,240 sqft living area is comfortably above average for the area, offering good interior space.
The home suits a specific buyer: someone looking for a property with outstanding land value and character in a well-established area, who is prepared to take on a home with an unrenovated basement and likely needs updates consistent with its age. It’s an ideal canvas for a buyer who values long-term potential and space over immediate move-in perfection. A thoughtful perspective is the balance it strikes: while the home itself is older, the lot size offers a future-proof quality that newer builds in the area often can't match, making it a strategic purchase for those thinking about long-term value.
Frequently Asked Questions
What does "unrenovated basement" typically mean for a home of this age?
It generally indicates the basement remains in a largely original state. Buyers should anticipate a functional but basic space that may require addressing foundational upkeep, moisture management, or outdated mechanical systems before considering finishing.
The assessed value seems low compared to similar listings. Why?
Municipal assessed value is for tax purposes and often lags behind current market values. It should not be used as a direct indicator of listing or sale price, which is determined by recent sales of comparable properties, condition, and current market demand.
How significant is the large lot size?
Very. A lot of this size (top 2% in the neighbourhood) is a major asset. It provides privacy, space for additions like a garage or deck, and is a key driver of the property's value and appeal that cannot be replicated on standard-sized lots.
What is the Glenwood neighbourhood like?
Glenwood is a mature, established neighbourhood in Winnipeg. The high ranking of this property's lot size within the area suggests it's among the more spacious and potentially desirable streets in the community, which typically offers a mix of character homes and quieter, tree-lined streets.
Are the high rankings for lot size the main selling point?
They are a primary feature, but the overall appeal is the combination of a very large lot with a solidly-sized character home. It’s a property where the land itself represents a substantial portion of the value and future potential, appealing to those who see opportunity in the space itself.