Property Overview: 923 Carter Avenue, Grant Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1948, is a classic Grant Park property that presents a balanced, no-surprises profile within its immediate neighbourhood. Its key characteristics are its renovated basement and a detached garage. At 952 sqft, the living space is very typical for similar homes on Carter Avenue and in Grant Park, offering a manageable footprint. The assessed value is also squarely in line with area norms, suggesting a fairly priced entry point into the market.
The primary appeal lies in its established location and its relative affordability within the context of a desirable neighbourhood. It suits first-time homebuyers or downsizers seeking a lower-maintenance, character home in a mature area without a premium price tag. A thoughtful perspective is that while the lot size is significantly smaller than area averages, this translates to less yard upkeep—a potential benefit for those prioritizing convenience over outdoor space. The home’s rankings indicate it is not a standout in size or land, but rather a stable, average performer on its street, which can mean less volatility and predictable value.
Section 2: Frequently Asked Questions
1. How does the lot size compare, and what does that mean for me?
The land area is 2,499 sqft, which is notably smaller than most lots in Grant Park and city-wide. This means a more compact yard, which requires less maintenance but also offers less private outdoor space for gardening or recreation.
2. Is the living space sufficient for a small family?
At 952 sqft, the living area is around the neighbourhood average for this style of home. It would be cozy for a small family, with the renovated basement providing crucial additional flexible space.
3. How does the assessed value relate to the likely selling price?
The assessed value is around $30,000, which is typical for the street but below the Grant Park area average. It serves as a tax valuation base, not a direct market price. Recent nearby sales (e.g., $33.5k-$36.5k in 2022) are a more current guide, but market conditions change.
4. What are the implications of the home’s age (built 1948)?
The age is typical for the street. It means you can expect classic construction and character, but potential buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, and wiring.
5. How does this property fit within the Grant Park neighbourhood?
The data shows this home is very average for Carter Avenue in both size and value, but falls below Grant Park averages for lot size and year built. It represents a more accessible, lower-maintenance option within the broader, often pricier, neighbourhood.