Property Overview: 1-2 Carriere Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, 410 sqft condominium in Winnipeg's Glenwood neighborhood, built in 1960. Its defining characteristic is its exceptionally low price point, with a current assessed value of $11,300 and recent sales between $8,500 and $12,500. The unit ranks in the bottom 5-10% of the city for both size and value, making it one of the most affordable entry points into homeownership in Winnipeg.

The primary appeal lies in its minimal financial barrier. It suits buyers with a singular focus on cost containment, such as investors seeking a bare-bones rental property, or very budget-conscious individuals who prioritize owning an asset over space or modern features. A less obvious perspective is its potential utility as a dedicated city "base camp" for someone who travels frequently or lives elsewhere part of the year, where the low carrying costs justify its limited use. It's important to note the unit is notably smaller and older than most city comparables, so it is not suited for those needing space or expecting modern amenities.

Section 2: Frequently Asked Questions

1. Why is the price so low?
The price reflects the unit's very small size (410 sqft), its age (built 1960), and its below-average assessed value compared to almost all properties in Winnipeg. It is a functionally minimal housing option.

2. What type of condo is this?
The listing indicates it is a condominium, likely part of a low-rise or townhouse-style complex on Carriere Avenue. Specific strata details (fees, rules, amenities) would require direct inquiry.

3. How reliable are the sold price ranges shown?
The ranges are based on public data. The listing service offers to provide the exact sale prices via email confirmation, as they manually verify this information from non-public sources.

4. Is this a good investment?
As an investment, it offers very low entry cost, which could mean easier cash flow if rented. However, its value appreciation may be limited by its size and age. It's a high-cash-flow, low-equity-growth model suited for specific investor strategies.

5. The data shows it's "above average" for year built on its street. What does that mean?
This statistical quirk indicates that most comparable units on Carriere Avenue were also built around 1960 or earlier. Simply put, this unit is as old as or slightly older than its immediate neighbors, but the entire group is much older than the Winnipeg city average.