Properties at 439 Greenwood Place

Overview and Key Characteristics

This is a 1912-built home with 1,780 sq ft of living space and a 3,964 sq ft lot. The property sits in Winnipeg's Wolseley neighbourhood on Greenwood Place, a street of 220 homes.

Where the appeal lies: The house outperforms its street, neighbourhood, and city averages in living space and assessed value. It's in the top 5% of assessed value on Greenwood Place—meaning it's one of the more substantial properties on the block. The lot, while smaller than the street and city average, is actually larger than typical for Wolseley (top 16% in the neighbourhood), which is notable given Wolseley's older, denser character.

The build year is old even by street standards, but that's consistent with Wolseley's housing stock (average 1916). This suggests the home has character and age-appropriate details, not that it's an outlier in an otherwise newer area.

Who it would suit: Buyers looking for a generously sized older home in an established central neighbourhood, where lot size and interior square footage are priorities over a newer build. Someone who values being near the top of the street's value tier rather than the bottom. It may also appeal to those who want more space than the average Wolseley home offers, without needing a full city-sized lot.

Frequently Asked Questions

1. How does this home compare to other properties on Greenwood Place?

It ranks 43rd out of 220 homes for living space (top 20%) and 10th for assessed value (top 5%). Its lot is on the smaller side for the street (176th out of 220), and it's one of the older homes (169th out of 220). So: above-average inside, lower-average outside, older than most.

2. Is a 1912 home a concern for maintenance?

It depends on what's been updated. The build year is older than the street average (1950) but closely matches the Wolseley neighbourhood average (1916). Homes of this vintage in this area typically have been renovated to varying degrees. You'd want to look at the condition of the roof, foundation, wiring, plumbing, and windows specifically.

3. How does the lot size compare to other Wolseley properties?

Favourably. While the 3,964 sq ft lot is below the street average (4,805 sq ft), it ranks in the top 16% within Wolseley, where the average lot is 3,434 sq ft. So for the neighbourhood, this is a larger-than-typical lot.

4. Why is the assessed value so high relative to the street?

The home's assessed value of $478,000 is well above the Greenwood Place average of $361,000. This likely reflects the larger living area, any renovations or upgrades, and possibly location within the street. It ranks 10th out of 220, meaning only 9 other homes on the street are assessed higher.

5. What does "top 18% citywide" mean for living space?

Out of nearly 195,000 homes across Winnipeg, this property ranks 34,867th for interior square footage. In practical terms, it means the home is larger than roughly 82% of all houses in the city. For comparison, the citywide average living area is 1,342 sq ft—this home is about 33% above that.