Property Overview: 97 Carmen Avenue, Glenelm, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-three-quarter storey home, built in 1915, presents a classic Glenelm character home with modern practicality. Its key feature is a recently renovated basement, adding valuable finished living space to the 1,168 sqft footprint. The home sits on a standard city lot with a detached garage.

The appeal lies in its strong positioning within the established and desirable Glenelm neighborhood. While its living space is typical for the area, its assessed value ranks notably above average for both Carmen Avenue and Glenelm itself, suggesting it is viewed as a well-maintained or improved property among its immediate peers. This creates a potential value proposition: a character home in a prime location that may already have some key updates.

This property would suit a buyer looking for a home with historic charm in a mature neighborhood, who appreciates having renovation work like the basement already completed. It's ideal for someone who values a detached garage and doesn't require a large yard. The data suggests it's a solid, above-average offering for the specific street and community, making it a compelling choice for a neighborhood-focused buyer rather than someone comparing it to newer suburban homes city-wide.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to likely market value?
While its assessed value is high for Glenelm, it's below the citywide average. This typically indicates a well-regarded home in a neighborhood with generally more modest valuations. Market value is influenced by many factors beyond assessment, but this suggests the property is considered a standout on its street.

2. What does the "renovated basement" likely include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the quality of finishes, whether it includes a legal secondary suite or additional bedrooms, and if proper permits were obtained for the work.

3. Is the lot size a concern?
At 3,070 sqft, the lot is smaller than average for both the street and the city. This means smaller outdoor space but potentially less maintenance. It's a trade-off that prioritizes location and the home itself over a large yard.

4. What are the implications of the home's age (1915)?
A home of this age offers classic architecture and likely solid construction, but it necessitates careful attention during inspection. Buyers should budget for ongoing maintenance and updates to older mechanical systems, windows, or insulation, even with a renovated basement.

5. Why is the sold price history from 2020 shown as a range?
The provided sale data is estimated from public records. To obtain the exact sale price for more accurate historical comparison, you must request it directly from the site via email, as noted in the disclaimer.