Property Overview
343 Greenwood Avenue is a well-established home in Winnipeg's Meadowood neighborhood, built in 1972. Its key appeal lies in its balance and practicality. The 1,040 sqft living space is comfortably sized for the area, and the property stands out for its larger-than-average lot of over 5,200 sqft for the immediate street, offering valuable outdoor space. With an assessed value that is consistently around the median for its street, area, and city, it represents a stable, middle-of-the-market offering.
This home would suit first-time buyers or downsizers looking for a manageable footprint without sacrificing yard size. It’s a practical choice for someone seeking a home that doesn’t require standing out in any extreme—neither the newest nor the largest on the block—but which provides solid fundamentals and a decent lot. A thoughtful perspective is that its "average" metrics across the board could signal less competition and more negotiating room compared to properties with standout features that command premium prices.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The land area of 5,204 sqft is notably above the average for Greenwood Avenue, ranking in the top 20% on the street. This means you're getting more outdoor space than many of the immediate neighbors.
2. Is the home older or newer than most in the area?
Built in 1972, it is newer than many homes on its street but is slightly older than the average home in the broader Meadowood area. This suggests a mix of older and newer homes in the neighborhood.
3. What was the previous sale price?
The property sold between CA$250,000 and CA$300,000 in 2020. For the exact sale price, you can request the information via email from the listing service.
4. How does the living space compare?
At 1,040 sqft, the living area is slightly below the average for Greenwood Avenue but is very close to the average for the Meadowood area itself. It's a compact but functional size.
5. What is the assessed value, and how does it rank?
The assessed value is $37,200. This figure is consistently around the middle of the pack—ranking near the 50th percentile—when compared to homes on the same street, in Meadowood, and across Winnipeg. This indicates a very typical valuation for the market.