Property Overview: 552 Greene Avenue, Winnipeg
Key Characteristics & Appeal
This 912 sqft bungalow, built in 1955, presents a practical opportunity in the Rossmere-B neighborhood. Its primary appeal lies in its balance of a larger-than-average lot and a very competitive price point for the city. While the living space is modest compared to area and city averages, the 5,191 sqft lot is notably larger than most on Greene Avenue, offering valuable outdoor space or future expansion potential. The home's assessed value is firmly in line with neighborhood averages, suggesting a stable, no-surprises investment in a well-established community.
The property would suit first-time buyers or downsizers seeking a manageable home with a generous yard, without a premium city-wide price tag. Its recent sale in mid-2023 indicates a turnkey property, and its metrics suggest it’s a typical, grounded option for those prioritizing lot size over interior square footage in a neighborhood of similar, mid-century homes.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 912 sqft, the living area is slightly below the average for both the Rossmere-B neighborhood (1,047 sqft) and the city overall. However, it is closer to the average for homes on its own street.
2. Is the assessed value a good indicator of the expected price?
The assessed value of $314k is very close to the neighborhood average. Recent sold data from 2023 suggests a final sale price in the $350k-$400k range, which was a premium to the assessed value at that time.
3. What is the standout feature of this property?
The land area. At over 5,000 sqft, the lot is larger than approximately 86% of the lots on Greene Avenue, offering more private outdoor space than is typical for the immediate area.
4. How old is this home, and what might that mean for maintenance?
Built in 1955, it is of a similar vintage to many homes in Rossmere-B. Buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems, which is common for homes of this era.
5. Where can I get verified historical sale price data for this address?
The provided sold price data is compiled from public sources. For fully verified figures and a complete transaction history, you must request a manual lookup from the site administrators via email, as MLS data is not displayed here.