38.3
Below average
Property score
38.3
Below average
Overall 38.3
Smaller than most nearby homes
410 sqft (bottom 5%)
Built in 1960 (14 yrs older than avg)
Located in a above-average income area
with median household income of ~70k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 4 dining spots, 5 healthcare facilitys, 2 shops, and 7 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Near average
14 yrs older than neighborhood avg.
Mother tongue
English · 72%French · 8%
Past 10 years Glenwood sales snapshot (~80% of all data)
21
111.3k
$266/sqft
1974
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
38.3 is composed by the two sections below.
Property Score
Community Score
Glenwood
How to read: Share of sales in each ~$50k price band for “glenwood” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110562
$70K
Median household income
$81K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
41%
Single-person households
16%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
3-2 Carriere Avenue — 20 amenities found within 500 m, across 5 categories, including 4 dining (nearest 184 m), 5 healthcare (nearest 122 m), 2 shopping (nearest 129 m).
Glenwood · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
62%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | Bottom 5% | Bottom 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | Bottom 5% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 3-2 Carriere Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, 410-square-foot condo unit in Winnipeg's Glenwood neighborhood, built in 1960. Its defining characteristic is its exceptionally low cost, with an assessed value of just $11,100, placing it among the most affordable properties citywide. The appeal lies squarely in its function as a minimal-overhead housing solution. It suits a very specific buyer: investors seeking a low-entry-cost rental property, or extremely budget-conscious individuals looking for a no-frills place of their own. It is not a property for those needing space or modern finishes.
A less obvious perspective is its potential as a "foot-in-the-door" asset in the real estate market. For someone with limited capital, it represents a rare opportunity to own a titled property and begin building equity, however modestly. Additionally, its status as one of the oldest units on its street could imply a simpler building structure or a more established strata, though this comes with the expectation of aging components.
Frequently Asked Questions
1. Why is the assessed value so low?
The assessed value reflects the property's very small size (410 sq ft) and its position as a basic, older condo unit. It is consistently ranked at the bottom of its peer groups for both value and living area.
2. What type of monthly condo fees or taxes should I expect?
While specific fees are not listed here, given the very low assessed value, municipal property taxes would be minimal. Prospective buyers must obtain the current condo fee structure from the listing agent or corporation, as these fees are critical for understanding the true monthly carrying cost.
3. Is this a good investment property?
Its low purchase price could make for a positive cash flow rental if condo fees are manageable. However, investors must carefully factor in all costs and consider the potential tenant pool, which would likely be single occupants due to the unit's size.
4. How does the recent sale history affect the price?
The data shows it sold between $8.5k and $11.5k in early 2024 and previously in 2016, indicating a stable, ultra-low-value market for this specific unit. This history supports the current assessed value as a market reflection.
5. What should I be most cautious about?
The primary considerations are the condition of a 66-year-old unit (including plumbing, electrical, and windows) and the financial health of the condo corporation. A review of the condo's reserve fund study and recent minutes is essential to uncover any pending special assessments or major repairs.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
