Property Overview

83 Carmen Avenue is a one-and-a-half storey home in Winnipeg's Glenelm neighborhood, built in 1931. It features a detached garage and an unrenovated basement. The home presents a classic, no-frills opportunity with a specific value proposition rooted in its location and lot.

Key Characteristics & Appeal

This home’s primary appeal lies in its strong positioning within its immediate community. The data shows its living space (1,202 sq ft) and assessed value are above average for both Carmen Avenue and the wider Glenelm area. This suggests it is a comparatively substantial property on its street. The year built (1931) is also newer than many neighbors, which may hint at slightly updated construction for the area or simply a well-maintained vintage.

Its lot size (3,069 sq ft) is smaller than average, which is a trade-off. For some, this means less yard maintenance. For others, it indicates the value is driven more by the house itself and its location rather than land potential. The home would suit a practical buyer looking for a character home in an established neighborhood without paying a premium for a large lot. It’s also a candidate for buyers who see potential in the unrenovated basement, viewing it as a blank slate for future projects.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
While its assessed value is strong for the local area, it is below the citywide average. Sale prices are influenced by market conditions, the home's interior state, and buyer demand for Glenelm. The last known sale was in 2022.

2. What does "above average for the street but below average citywide" really mean?
This pattern is common for established, mature neighborhoods. It means you are getting a relatively large or valuable home for that specific community, which often offers character and stability, but not necessarily the square footage or modern assessments seen in newer suburban developments.

3. How might the unrenovated basement affect value and livability?
It represents both a cost-saving opportunity and a future project. Buyers aren’t paying a premium for a finished space, but they should budget for necessary updates, moisture control, or renovations to make it fully functional.

4. The lot is smaller than average. Is that a major drawback?
It depends on your priorities. It limits expansive gardening or large additions but also reduces upkeep. In a neighborhood like Glenelm, the community vibe and home's character often outweigh lot size for many buyers.

5. Who typically buys in Glenelm, and what is the neighborhood like?
Glenelm is known as a stable, established neighborhood with tree-lined streets and older homes. It often attracts buyers seeking a sense of community, architectural character, and central location over brand-new construction.