987 Carter Avenue

Grant Park, Winnipeg

Property score

54.6

Fair

Overall 54.6 · Compared with neighbourhood average

900 sqft (bottom 31%) · Built in 1950 (7 yrs older than avg)

Located in a above-average income area with median household income of ~70k

Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 4 dining spots, 1 school, 2 healthcare facilitys, and 3 shops nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Near average

7 yrs older than neighborhood avg.

Mother tongue

English · 62%Tagalog · 6%

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

54.6 is composed by the two sections below.

Property Score

43.4Low
Living Area900 sqft42Low
Year Built195030Low
Lot Size4,098 sqft53Fair
Neighbourhood Sales Activity84Excellent

Community Score

71.3Good
Household Income72Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health68Good

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: #46110421

Community deep dive

$70K

Median household income

$80K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

36%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)425
Labour force participation rate71%
Median age37.6
Avg household size2.3
Unemployment rate12%
Population density1700 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households36%
Couple families with children22%
Median household income (2020)$70K

Housing

Renter households45%
Condominium dwellings14%
Median dwelling value (owners)$312K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority41%
Bachelor's or higher (25–64)31%
Mother tongue (1st)English · 62%
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
900 sqft
0255075100
Same streetBottom 38%Same areaBottom 31%CitywideBottom 17%
Same street · Carter Avenue
#80 / 129
Bottom 38% · Avg 1,070 sqft
Same area · Grant Park
#244 / 352
Bottom 31% · Avg 1,061 sqft
Citywide · Winnipeg
#162,141 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

around average
318k
0255075100
Same streetTop 44%Same areaBottom 38%CitywideBottom 35%
Same street · Carter Avenue
#57 / 129
Top 44% · Avg 334.1k
Same area · Grant Park
#217 / 352
Bottom 38% · Avg 360.1k
Citywide · Winnipeg
#126,739 / 194,458
Bottom 35% · Avg 390.1k

Year Built

above average
1950
0255075100
Same streetTop 27%Same areaBottom 45%CitywideBottom 28%

Lot Size

above average
4,098 sqft
0255075100
Same streetTop 24%Same areaBottom 36%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

987 Carter Avenue — 14 amenities found within 500 m, across 6 categories, including 4 dining (nearest 367 m), 1 education (nearest 340 m), 2 healthcare (nearest 296 m).

Search radius
🍽️Dining4
🏫Education1
🏥Healthcare2
🛒Shopping3
💪Sports1
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

Sold 3/2022CA$350k–400k
Sold price

Same street

Top 35%

Same area

Top 29%

City-wide

Top 45%

Related homes

Highlights & common questions: 987 Carter Avenue, Winnipeg

Property Overview: 987 Carter Avenue, Grant Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in the established Grant Park neighbourhood presents a practical and grounded opportunity. Its key characteristics include a 900 sqft living area, a renovated basement, and a notably generous 4,098 sqft lot for the area, providing above-average outdoor space compared to its immediate street and neighbourhood. Built in 1950, the home is older than many on its street but sits in a mature community with settled charm.

The appeal lies in its position as a solid, no-frills property in a desirable location. It suits first-time buyers, downsizers, or practical investors looking for entry into a well-regarded area without a premium price tag. The renovated basement adds functional living space, while the large lot offers potential for gardening, expansion, or simply more privacy than newer, denser subdivisions provide. A thoughtful perspective is that while the home’s size is modest city-wide, its lot size and location in Grant Park offer a value proposition that isn't immediately apparent in the square footage alone. It’s a property where the land and location contribute significantly to its worth.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others in the area?
The assessed value is around average for both Carter Avenue and the broader Grant Park neighbourhood, suggesting it is priced consistently with its local market. It was last sold in March 2022.

2. Is the living space sufficient for a small family?
At 900 sqft, the living area is below the city average. It may be cozy for a growing family but could work well for a couple, a single person, or a small family comfortable with efficient use of space, especially with the additional renovated basement area.

3. What are the implications of the larger lot size?
The lot is significantly larger than many on the same street. This can mean more yard space, better potential for landscaping or outdoor living, and possibly more future options, though always subject to local zoning bylaws.

4. The home was built in 1950. What should I consider?
While the structure is older, the renovated basement indicates some updates. A prospective buyer should budget for standard maintenance expected of a home of this age and consider a thorough inspection to assess the condition of major systems like plumbing, electrical, and the roof.

5. Are there any garage or parking facilities?
The listing specifies there is no garage. Buyers should verify on-street parking regulations or the potential to create a dedicated parking pad on the large lot.

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