320 Greene Avenue

Property Overview: 320 Greene Avenue, Winnipeg

Key Characteristics & Appeal

This home at 320 Greene Avenue is a quintessential example of a well-established property in the Rossmere-B neighborhood. Built in 1953, it offers 1,080 square feet of living space on a 5,000 square foot lot, with an assessed value of $309,000. The data reveals a property that is consistently "around average" for its immediate street and neighborhood in nearly every metric—from size and lot to value and age. This is its core appeal: a stable, predictable offering in a mature community.

The appeal lies in its balance and lack of surprises. It’s not the largest or newest home on the block, but it comfortably outperforms a significant portion of its local peers. For buyers, this suggests a property that is unlikely to be overpriced relative to its surroundings and represents a solid entry into a neighborhood of similar homes. It would particularly suit first-time buyers or downsizers seeking a manageable, low-maintenance footprint without sacrificing yard space, or investors looking for a stable rental property in a consistent area. A thoughtful perspective is that this "average" status can be a strength, offering a lower-risk purchase in a known quantity of a neighborhood, avoiding the premium often attached to standout properties that can be more volatile in value.

Frequently Asked Questions

1. Is this property a good value compared to its neighbors?
The assessed value of $309k is very close to the street and neighborhood averages (approximately $311k-$312k), indicating it is priced in line with the market for comparable homes in Rossmere-B. Its value ranking is solidly in the middle of the pack locally.

2. How does the size of this home compare to others in Winnipeg?
At 1,080 sqft, the living area is smaller than the Winnipeg city-wide average for comparable homes (1,342 sqft). However, it is very typical for its specific area, ranking in the top third for both its street and the Rossmere-B neighborhood.

3. What can the 2017 sale price tell me?
The home sold for between $250,000 and $300,000 in late 2017. This historical data shows a baseline for past value. To understand the exact sale price and any subsequent changes in valuation, you can request a manual lookup of fully verified figures from the site.

4. Is the lot size a feature?
The 5,000 sqft lot is slightly above average for Greene Avenue itself. While it is smaller than the city-wide average, it provides a generous outdoor space that is typical and desirable for the neighborhood, offering room for gardening, recreation, or expansion.

5. What are the nearby properties like?
The listed nearby and reference properties are very similar in age, size, and assessed value, with most built in the mid-20th century. This consistency reinforces that the area is composed of established, similar homes, which contributes to neighborhood stability and predictable property valuations.