992 Hector Avenue

Grant Park, Winnipeg

Property score

47.4

Below average

Overall 47.4 · Smaller than most nearby homes

735 sqft (bottom 11%) · Built in 1950 (7 yrs older than avg)

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

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 3 shops nearby

Living Area

Below average

31% 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

47.4 is composed by the two sections below.

Property Score

31.4Low
Living Area735 sqft22Low
Year Built195030Low
Lot Size4,298 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

below average
735 sqft
0255075100
Same streetBottom 13%Same areaBottom 11%CitywideBottom 6%
Same street · Hector Avenue
#175 / 201
Bottom 13% · Avg 1,040 sqft
Same area · Grant Park
#313 / 352
Bottom 11% · Avg 1,061 sqft
Citywide · Winnipeg
#183,552 / 194,458
Bottom 6% · Avg 1,342 sqft

Tax-Assessed Value

below average
299k
0255075100
Same streetBottom 24%Same areaBottom 26%CitywideBottom 29%
Same street · Hector Avenue
#152 / 201
Bottom 24% · Avg 358.1k
Same area · Grant Park
#259 / 352
Bottom 26% · Avg 360.1k
Citywide · Winnipeg
#138,166 / 194,458
Bottom 29% · Avg 390.1k

Year Built

around average
1950
0255075100
Same streetBottom 45%Same areaBottom 45%CitywideBottom 28%

Lot Size

around average
4,298 sqft
0255075100
Same streetBottom 48%Same areaBottom 49%CitywideBottom 31%

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

992 Hector Avenue — 13 amenities found within 500 m, across 7 categories, including 3 dining (nearest 333 m), 1 education (nearest 287 m), 1 healthcare (nearest 281 m).

Search radius
🍽️Dining3
🏫Education1
🏥Healthcare1
🛒Shopping3
💪Sports1
🏦Finance1
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 12/2023CA$300k–350k
Sold price

Same street

Bottom 48%

Same area

Top 50%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 992 Hector Avenue, Winnipeg

Property Overview: 992 Hector Avenue, Grant Park, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1950, situated on a standard-sized lot in the established Grant Park neighbourhood. Its key characteristic is its modest scale, with 735 sqft of living space—considerably smaller than most area homes. This is balanced by a renovated basement and a detached garage. The appeal lies in its affordability and efficiency, reflected in its below-average assessed value. It represents a lower-entry point into a desirable neighbourhood, potentially offering a "right-sizing" opportunity or a manageable first home. It would suit budget-conscious buyers, such as first-time homeowners, downsizers, or investors looking for a rental property. A thoughtful perspective is that a smaller home on a decent lot presents a clearer canvas for future expansion or renovation compared to a fully maximized property, offering potential that isn't immediately apparent in the square footage.

Section 2: Frequently Asked Questions

1. Is the living area too small for practical use?
While below average in size, the layout and the renovated basement are crucial. The basement likely adds functional space, making the total usable area more comfortable than the main-floor square footage suggests.

2. Why is the assessed value significantly lower than area averages?
The lower value is directly tied to the home's smaller size and older age relative to many area comparables. It reflects the property's current state and scale, not necessarily the land or location value.

3. What are the implications of buying a home built in 1950?
While systems like plumbing and electrical may have been updated, a home of this age may still require attention to foundational elements like insulation, windows, or the roof. A thorough inspection is essential.

4. Is the detached garage a major benefit?
In a neighbourhood of older homes where many garages are attached or absent, a detached garage offers valuable secure storage or workshop space, and can reduce noise and fumes from entering the main house.

5. How reliable are the sold price ranges shown?
The provided ranges are based on public data. For precise historical sale prices to inform your offer, you must request the exact figures via the website's email service, as these are manually verified.

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