Property Overview: 937 Carter Avenue, Grant Park, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1975, offering a practical footprint of 792 sq. ft. on a modest 2,499 sq. ft. lot in Winnipeg's Grant Park neighbourhood. Its key appeal lies in its relative modernity compared to many area homes, its renovated basement, and its position as an efficient, lower-maintenance property. The assessed value is firmly in the average range for the street and city, suggesting a stable, entry-level investment.

The home would suit first-time buyers or downsizers seeking an affordable foothold in a central neighbourhood without the upkeep of a larger property or an older structure. Its smaller scale and modern(ish) build date are distinct advantages in an area with many older homes, potentially translating to fewer immediate major repairs. However, the below-average living and land space means it’s best for those comfortable with a cozy layout and a smaller yard.

Frequently Asked Questions

1. How does the size of this home compare to others in the area?
At 792 sq. ft., the living area is below the average for Grant Park (approx. 1,061 sq. ft.) and for the city overall. This positions it as one of the more compact options in the neighbourhood.

2. Is the 1975 build date an advantage?
Yes, particularly in this context. It is a newer build compared to many homes on Carter Avenue and in Grant Park, where average build dates are 1952 and 1957 respectively. This can suggest updated building materials and systems.

3. What does the assessed value indicate?
The assessed value of $32,900 is around the average for the immediate street and slightly below the average for the wider Grant Park area. This indicates a property valued consistently with its local market, not as a premium-priced home.

4. What are the implications of the lot size?
The lot is 2,499 sq. ft., which is significantly smaller than typical lots on the street and in the city. This means minimal yard maintenance but also limited outdoor private space and expansion potential.

5. What was the recent sale history?
Public records indicate it last sold between December 2021, for a price in the range of $30,500 to $33,500, which aligns closely with its current assessed value.