Property Overview: 936 Carter Avenue, Grant Park, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1947, situated on a notably generous lot in the established Grant Park neighbourhood. Its key characteristic is a clear contrast: the living space of 700 sq ft is well below average for the area, while the land area of over 4,100 sq ft is significantly larger than most lots on its street. The assessed value sits below area averages, suggesting a more accessible price point for the neighbourhood.
The primary appeal lies in its potential. It suits a specific buyer: someone looking for a solid foundation in a desirable location, willing to invest sweat equity or capital into a renovation or expansion. The large lot is a blank canvas, offering room for a substantial addition, a spacious garden, or future development (subject to zoning). It’s not a move-in-ready showhome but a strategic entry into Grant Park. It would also suit an investor seeking a land-value play or a downsizer comfortable with a smaller footprint who prizes outdoor space over interior square footage. A less obvious perspective is that its below-average size and value for the area could mean lower property taxes relative to neighbours, and its post-war construction may offer simpler, more robust building materials than some newer builds.
Frequently Asked Questions
1. Is the house in livable condition, or is it a full gut job?
The listing does not specify the interior condition. Given the year built and the data-focused presentation, a viewing is essential to determine if it’s habitable as-is or requires significant renovation.
2. What explains the large difference between the recent sold price and the current assessed value?
The sold price data from 2016 (showing ~$20k) is historical and not reflective of today’s market value. The current assessed value of $250k is for taxation purposes and is typically lower than market value. The actual listing or sale price will be determined by current market conditions.
3. With such a small house on a large lot, what are the expansion or rebuilding possibilities?
The large lot is the property’s biggest asset. Any expansion, addition, or rebuild would be subject to Winnipeg zoning bylaws, setback requirements, and permitting. A key due diligence step would be to consult the city’s planning department to understand the specific possibilities for this parcel.
4. How does the lack of a basement impact storage and mechanical systems?
The listing notes “Basement: No.” This typically means the home is built on a slab foundation. This eliminates basement storage or living space and means mechanical systems (furnace, water heater) are located at ground level, which can affect living area layout and noise.
5. The data shows living area is below average, but how does the layout function?
At 700 sq ft, efficient use of space is critical. The floor plan is not detailed here, so understanding if it has two small bedrooms or one larger one, and how the kitchen, living, and bathroom are configured, will be vital to assessing its practicality for your needs.