925 Carter Avenue

Grant Park, Winnipeg

Property score

51.8

Fair

Overall 51.8 · Older than most nearby homes

970 sqft (bottom 46%) · Built in 1947 (10 yrs older than avg)

Located in a average-income area with median household income of ~52k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 2 dining spots, 2 schools, 2 healthcare facilitys, and 3 shops nearby

Living Area

Near average

9% smaller than neighborhood avg.

Year Built

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 56%Tagalog · 5%

Past 10 years Grant Park sales snapshot (~80% of all data)

Sold Count

126

Median price

360k

$/sqft

$315/sqft

Avg build year

1957

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Property score

51.8 is composed by the two sections below.

Property Score

43.4Low
Living Area42
970 sqftLow
Year Built30
1947Low
Lot Size53
4,164 sqftFair
Neighbourhood Sales Activity84
Excellent

Community Score

64.5Fair
Household Income56
Fair
Education Level82
Excellent
Housing Stress42
Low
Core Housing Need76
Good
Employment Health83
Excellent

Neighbourhood Sales

Grant Park

How to read: Share of sales in each ~$50k price band for “grant park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110419

Community deep dive

$52K

Median household income

$77K

Average household income

15%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

53%

Single-person households

12%

Families with children

Population, labour & age

Population (2021)692
Labour force participation rate74%
Median age41.6
Avg household size1.8
Unemployment rate5%
Population density4942 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households53%
Couple families with children12%
Median household income (2020)$52K

Housing

Renter households46%
Condominium dwellings42%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority41%
Bachelor's or higher (25–64)47%
Mother tongue (1st)English · 56%
Mother tongue (2nd)Tagalog · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
970 sqft
0255075100
Same streetTop 50%Same areaBottom 46%CitywideBottom 23%
Same street · Carter Avenue
#65 / 129
Top 50% · Avg 1,070 sqft
Same area · Grant Park
#191 / 352
Bottom 46% · Avg 1,061 sqft
Citywide · Winnipeg
#149,374 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

below average
229k
0255075100
Same streetBottom 19%Same areaBottom 6%CitywideBottom 13%
Same street · Carter Avenue
#105 / 129
Bottom 19% · Avg 334.1k
Same area · Grant Park
#332 / 352
Bottom 6% · Avg 360.1k
Citywide · Winnipeg
#169,413 / 194,458
Bottom 13% · Avg 390.1k

Year Built

around average
1947
0255075100
Same streetTop 47%Same areaBottom 17%CitywideBottom 24%

Lot Size

above average
4,164 sqft
0255075100
Same streetTop 22%Same areaBottom 42%CitywideBottom 28%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

925 Carter Avenue — 17 amenities found within 500 m, across 8 categories, including 2 dining (nearest 317 m), 2 education (nearest 271 m), 2 healthcare (nearest 366 m).

Search radius
🍽️Dining2
🏫Education2
🏥Healthcare2
🛒Shopping3
🌳Parks2
💪Sports2
Fuel Stations1
Worship3

Crime & Safety

Grant Park · WPS public data · 2026

Annual incidents

16

2026

vs. city avg

-46%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

63%

Sales History

925 Carter Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 925 Carter Avenue, Winnipeg

Property Overview: 925 Carter Avenue, Grant Park, Winnipeg

Key Characteristics & Appeal

This 1947-built home in Grant Park presents a practical opportunity in a well-established neighborhood. At 970 square feet, its living space is typical for the immediate street and area, but sits below the Winnipeg city average, indicating a more compact, efficient layout. The standout feature is its 4,164 sqft lot, which is larger than most on Carter Avenue, offering valuable outdoor space or future expansion potential in a mature area.

The primary appeal lies in its value positioning. With an assessed value of $229k, it is notably below average for both the Grant Park neighborhood and the city overall. This creates an accessible entry point into the area, especially for buyers who prioritize land size over a large interior footprint. It would suit first-time buyers, downsizers, or value-focused investors looking for a lower-cost holding in a central neighborhood. The home’s age suggests potential for updates, which could appeal to those willing to invest sweat equity. A less obvious perspective is that its below-average assessment, while attractive for purchase, may also reflect functional or cosmetic obsolescence that requires attention.


Frequently Asked Questions

1. Why is the assessed value so much lower than the neighborhood average?
The assessed value is a municipal calculation for tax purposes, often based on mass appraisal and recent sales of comparable properties. A value significantly below area averages can be due to the home's smaller size, specific condition, layout, or lack of modern updates compared to peers.

2. Is the larger lot a major advantage?
Yes, particularly on this street. The lot size is above average for Carter Avenue, which is uncommon for homes of this vintage. This provides more private outdoor space and could allow for additions, a larger garage, or landscaping projects that aren't possible on standard-sized lots.

3. What does the lack of sales history on this listing mean?
It typically means the property has not been sold recently (likely in the last decade or more), or that the data requires a manual search. This isn't uncommon for older homes that have been in one family for a long time, but it does mean asking a real estate agent to research the title history is essential.

4. How does the living area compare to nearby reference properties?
It's larger than some similar-valued homes on the street (e.g., 961 Carter Ave at 600 sqft) but smaller than others that have been updated or expanded. This places it as a mid-sized option among the area's more modestly sized homes.

5. Are the property taxes likely to be lower because of the assessment?
Generally, yes. Property tax is calculated by multiplying the assessed value by the municipal tax rate. A lower assessment usually results in a lower tax bill compared to similar-sized homes in the same area that have a higher assessed value, all else being equal.