232 Greene Avenue

Property Overview: 232 Greene Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1950-built home in Rossmere-B presents a solid, mid-century offering with 944 sqft of living space on a just-under 5,000 sqft lot. Its core appeal lies in its established neighborhood setting and its position as a statistically average property for its immediate area, which can be a mark of stability and predictability. The assessed value of $309k is closely aligned with neighborhood averages, suggesting it is priced in line with local norms rather than standing out as a premium or fixer-upper opportunity.

The home would suit first-time buyers or downsizers looking for an entry point into a mature Winnipeg neighborhood without the premium often attached to newer or significantly larger homes. Its "around average" rankings across most metrics for the street and neighborhood indicate a property that is unlikely to have surprising drawbacks or exceptional features compared to its direct peers. A thoughtful perspective for a buyer is that this represents a chance to own a home in a community where your investment is essentially the local standard, potentially offering a lower-risk entry with room to add personal value through updates. The lot size is a quiet asset, providing a decent outdoor space that is actually slightly larger than the average for Greene Avenue itself.

Section 2: Frequently Asked Questions

1. How does this home's size compare to others in Winnipeg?
At 944 sqft, the living area is below the Winnipeg city-wide average for comparable homes (1,342 sqft). However, it is much more in line with the scale of homes in the Rossmere-B neighborhood and on Greene Avenue specifically, where averages are 1,047 sqft and 1,033 sqft, respectively.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $309k is very close to the average for both the street ($311.7k) and the neighborhood ($311.9k). Recent sold price data for the area suggests homes are trading in a range that includes this valuation. For the most accurate historical sale figures, you must request a manual lookup from the site.

3. What does the "Below Average" ranking for the year built mean?
Built in 1950, it is older than the average home in both the wider city and the Rossmere-B neighborhood. This is typical for the street, however, where the average build year is 1952. Buyers should anticipate the maintenance and update needs common to homes of this era.

4. How does the lot size compare?
The 4,991 sqft lot is slightly larger than the average lot on Greene Avenue (4,905 sqft). It is a competitively sized parcel for the local area, though smaller than the city-wide average.

5. What type of homes are nearby for comparison?
Nearby properties on Greene and surrounding streets are largely from the same era (1950s) with similar living areas and assessed values. Examples include a 936 sqft home on Hazel Dell Ave ($287k) and a 995 sqft home on Greene Ave ($306k), providing a consistent neighborhood character.