23 Greenmount Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1962-built home in Winnipeg’s Windsor Park neighbourhood with 1,117 sqft of living space on a 5,672 sqft lot. Its assessed value sits at $339,000.
The property stands out most clearly for its construction year—it ranks 1st out of 24 homes on Greenmount Road (top 4%), meaning it is among the oldest on the street. On the street level, that’s a notable distinction, though citywide it lands closer to average. The lot size is slightly below the neighbourhood average but still competitive citywide (top 39%), giving it a usable outdoor footprint without being oversized.
The living area is around average at every level—street, neighbourhood, and city—so there is nothing unusual or cramped about the interior footprint. The assessed value is below the street average (ranking 21st out of 24) but sits close to the neighbourhood median, and moderately below the citywide average for comparable homes.
Where the appeal lies: The home offers predictability. It is not pushing boundaries in size or value, and its older construction year may appeal to buyers who prefer established neighbourhoods with mature lots, or who see potential in updating a solidly built mid-century home. The below-street valuation also suggests an entry point that could leave room for appreciation if street-level improvements follow.
Who it would suit: First-time buyers looking for a manageable lot and floor plan in an established area, without paying a premium for the street’s highest-valued homes. Also, buyers who value older construction (often better materials and larger rooms per square foot) over newer builds, and who are comfortable with a home that may need system updates or cosmetic work. It is less suited for someone seeking move-in-ready turnkey value or a large, modern footprint.
Frequently Asked Questions
1. How does this home’s value compare to others on the same street?
Its assessed value of $339,000 ranks 21st out of 24 homes on Greenmount Road, making it one of the lower-valued properties on the street. The street average is $358,700.
2. Is the lot size considered small or large for the area?
It is slightly below the neighbourhood average of 6,030 sqft, and below the citywide average of 6,570 sqft. However, it ranks in the top 39% citywide, meaning it is still larger than many Winnipeg lots overall.
3. What does the “top 4%” ranking for year built actually mean?
It means this home is among the oldest on Greenmount Road—only one of 24 homes is older. The street was built up in the early 1960s, and this property aligns with that era. In the broader neighbourhood, it is above average for age.
4. Is the living area too small for a family?
At 1,117 sqft, it is right around the neighbourhood average (1,091 sqft) and slightly below the citywide average for comparable homes. It is workable for a small family or couple, but may feel tight for larger households without a basement development or layout changes.
5. What should a buyer look into before making an offer?
Given the age (1962) and below-street valuation, buyers should prioritize inspections for the foundation, electrical, plumbing, and roof. An older home at this price point may not have been updated recently, and the lower value relative to neighbours could reflect deferred maintenance rather than a bargain. Check whether the basement is finished or could be developed to add living space.