Property Overview
This home at 536 Greene Avenue in Winnipeg's Rossmere-B neighborhood presents a solid, middle-of-the-road opportunity. Built in 1956, it is slightly newer than many of its immediate neighbors. With 947 sqft of living space and a 4,991 sqft lot, its size is very typical for the street and area, though it falls below the Winnipeg city average for interior space. Its assessed value of $312k aligns almost exactly with the local averages for the street and neighborhood, positioning it as a standard offering without a premium price tag. Recent sales data suggests it last sold between $300k-$350k in mid-2022.
Key Characteristics & Appeal
The primary appeal of this property is its stability and alignment with its immediate community. It doesn't stand out as exceptionally large or modern, but it consistently ranks as "around average" against most local benchmarks for lot size, value, and living area. This makes it a predictable and lower-risk option in its market segment. Its construction year is a relative strength, being above average for the street, which may hint at slightly newer infrastructure compared to other homes on the block.
This home would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize neighborhood consistency over standout features. It’s for someone seeking a home that mirrors the community norm, offering a manageable size and a price point that reflects the local standard without surprises. A thoughtful perspective is that its very "averageness" could be a strategic advantage, providing a straightforward entry point into a stable area without the premium often attached to more distinctive properties.
Frequently Asked Questions
1. How does this home's size compare to others in Winnipeg?
At 947 sqft, the living area is below the Winnipeg citywide average of 1,342 sqft for comparable homes. However, it is much more in line with the Rossmere-B neighborhood and Greene Avenue street averages, which are 1,047 sqft and 1,033 sqft respectively.
2. Is the assessed value of $312k typical for the area?
Yes. The assessed value is almost identical to the average for both Greene Avenue ($311.7k) and the Rossmere-B neighborhood ($311.9k). Citywide, the average is higher at $390.1k, indicating this home is assessed in line with its specific local market.
3. When was it last sold, and for how much?
Public data indicates a sale occurred in May 2022, with a price range between $300,000 and $350,000. For the exact sale price, you can request the figures by email through the listing page.
4. What is a less obvious thing to consider about this property?
The home was built in 1956, which ranks in the top 26% on its street. This means it is notably newer than many of its direct neighbors, potentially offering advantages in terms of building materials or design updates from that era compared to older homes nearby.
5. Are there similar homes nearby for comparison?
Yes. The listing provides several nearby references on streets like Roberta, Oakview, and Leighton Avenues. These homes, with similar assessed values, living areas, and vintage, help confirm that 536 Greene Avenue is representative of the housing stock in this part of Rossmere-B.