Property Overview: 27 Greendell Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on its generous lot. At 8,290 sqft, the land size is notably larger than most in the wider city (ranking in the top 10%) and above average for the Minnetonka area. This is the property's standout feature, offering significant outdoor space and potential. The house itself, built in 1960, is modest in size at 840 sqft, which is below average for living area across all comparison levels. The assessed value of $390,000 sits around the middle range for the street and neighbourhood, but is comparatively more affordable city-wide.
The primary appeal lies in the land-to-structure ratio. It suits a buyer who prioritizes yard space, privacy, or future expansion potential over immediate square footage. It could be an ideal entry point into homeownership for someone comfortable with a smaller, classic footprint, or a strategic purchase for an investor or builder who sees value in the substantial lot. The price point, relative to the city average, may also attract buyers looking for a land asset within city limits.
Frequently Asked Questions
1. Is the house too small for the price?
The living area is indeed below average, which is reflected in its assessed value being middle-of-the-road for the immediate area. The price largely reflects the value of the land, which is significantly larger than typical city lots. You are paying for the property's potential as much as its current structure.
2. What does the lot size actually allow for?
An 8,290 sqft lot provides ample room for large gardens, recreational space, sheds, or a parking pad. It's important to check specific City of Winnipeg zoning bylaws for allowable structures, additions, or potential subdivision to understand the full scope of possibilities.
3. How does the 1960 build date affect the property?
Homes from this era often have simpler layouts and may require updates to major systems like plumbing, electrical, or insulation. A thorough inspection is crucial. On a positive note, it was built on a larger lot standard of its time, which is less common in newer developments.
4. Why is there only a sold price range from 2020?
Exact sale prices in Manitoba are not publicly available in online registries. The provided range is an estimate based on market data. The listing service offers to provide the exact figure via email upon request to ensure accuracy for serious buyers.
5. How does this property compare to others on the street?
The data shows it has a smaller house and a slightly smaller-than-average lot for Greendell Avenue itself, but its assessed value is consistent with the street's average. This suggests that on this particular street of larger homes, this property is one of the more compact and potentially accessible options.