Property Overview: 37 Greenwood Avenue
Key Characteristics & Appeal
This 1976 home on a 5,198 sqft lot presents a solid, balanced offering in the Vista neighborhood of Winnipeg. With 1,246 sqft of living space and an assessed value of $389k, it consistently ranks as "around average" to "above average" in key metrics when compared to its immediate street, neighborhood, and the wider city. Its primary appeal lies in this stability and the specific context of Greenwood Avenue: the home is newer than most on its street (ranking in the top 9%), and its assessed value is above the street average, suggesting it is a well-regarded property within its own block. The lot size is generous for the street, offering more outdoor space than many direct neighbors.
This property would suit a practical buyer looking for a established home in a mature setting without extreme outliers. It’s for someone who values being on a street where this home stands slightly above the norm in value and age, while appreciating the larger-than-average lot. It’s not the newest or largest home in the broader area, but it represents a compelling, middle-ground option that avoids the risks of being at the bottom of any key category.
Frequently Asked Questions
1. How does this home really compare to others nearby?
The data shows it’s a strong performer on its specific street (Greenwood Avenue), ranking well for its year built and value. In the wider Vista neighborhood and city, it sits comfortably in the middle of the pack, indicating a stable, typical property for Winnipeg.
2. Is the assessed value a reliable indicator of the market price?
The assessed value is for municipal taxation. While it’s a useful benchmark showing this home is valued above its street average, market conditions, property condition, and recent renovations will ultimately determine the sale price.
3. What does the "above average" year built ranking mean for me?
Built in 1976, this home is newer than the average house on Greenwood Avenue (1950). This could suggest updated infrastructure or building materials compared to some neighbors, but a specific inspection is needed to confirm the condition of major systems like roof, wiring, and plumbing.
4. The lot is larger than others on the street. How usable is it?
At 5,198 sqft, the lot is bigger than the street average. This offers more potential for gardening, expansion, or outdoor living space. The shape, topography, and any easements would determine its best use.
5. Who would this property not suit?
It may not suit buyers seeking a standout, top-tier home in the broader Vista area, as its citywide rankings are median. It also may not fit those looking for a very new build or a much smaller, low-maintenance lot.