Property Overview: 83 Greenwood Avenue
Key Characteristics & Appeal
This well-situated home at 83 Greenwood Avenue presents a balanced offering in the Vista neighborhood. Its primary appeal lies in being a solid, modern contender on a street of older homes. Built in 1978, it is notably newer than most houses on Greenwood Avenue, ranking in the top 4% for its year of construction locally. This suggests updated infrastructure and potentially lower immediate maintenance needs compared to neighborhood averages.
The home’s 1,049 sqft living area and 5,198 sqft lot are both competitive and functional within their contexts. They are comfortably above the neighborhood average for living space and provide a generous yard for the street. The assessed value of $383k sits close to city and area averages, indicating a fair market position.
This property would suit pragmatic buyers looking for a move-in-ready home without premium pricing for extreme size or luxury. It’s ideal for first-time buyers or downsizers who value a newer build date and a manageable yard in an established area. The numbers depict a home that doesn’t lead in any single category but offers a compelling, low-hassle package by outperforming local norms for age and providing space efficiency.
Frequently Asked Questions
Q: How does the age of this house compare to others nearby?
A: This is one of the home's strongest points. Built in 1978, it is significantly newer than the average home on its street (avg. year built 1950), placing it in the top 4% locally. It is also newer than the broader neighborhood and city averages.
Q: Is the living space considered small?
A: Not within its immediate context. At 1,049 sqft, it is slightly below the city average but is actually larger than the average home in the Vista neighborhood (1,120 sqft avg.). It offers efficient, family-friendly space without the upkeep of a larger footprint.
Q: What does the assessed value tell me about the property tax?
A: The assessed value of $383k is very close to the Winnipeg city average for comparable homes. You can expect property taxes to be in line with typical homes in the city, not disproportionately high or low for its class.
Q: Is the lot size a good for gardening or adding structures?
A: The 5,198 sqft lot is larger than the average lot on Greenwood Avenue, providing good outdoor space. It is, however, slightly below the city-wide average for lot size, so any plans for large additions or pools should be checked against specific zoning bylaws.
Q: Do the rankings suggest this is a good investment?
A: The rankings show a home that is consistently "around average" to "above average" in key metrics for its area, with a standout feature being its newer construction. This stability often indicates a lower-risk purchase that should track with market trends, rather than a speculative investment with dramatic upside or downside.