Property Overview: 159 Greene Avenue
Key Characteristics & Appeal
This one-storey home in Winnipeg's Kildonan Drive area presents a blend of established neighborhood character and practical updates. Its key appeal lies in its above-average positioning within its immediate locale. With 1,156 sqft of living space and a 5,019 sqft lot, it offers more room than many comparable homes on Greene Avenue. A significant feature is the renovated basement, adding functional living space. The home's assessed value of $350k is notably above the street average, suggesting it is a well-regarded property in the context of its direct neighbors.
Its character is defined by its 1921 build date, offering classic charm but implying a need for awareness regarding the maintenance typical of a century-old home. The detached garage adds utility and storage flexibility. This property would suit a buyer looking for a established, quiet street setting who values space over a brand-new build. It's ideal for someone comfortable with the character and potential upkeep of an older home but appreciates the move-in readiness afforded by a renovated basement. A thoughtful perspective is that while the lot size is generous for the street, it is more modest compared to the wider Kildonan Drive area, prioritizing a manageable yard within a mature community.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it stands out favorably on its own street (Greene Avenue), ranking in the top 19% for living area and top 13% for assessed value. Compared to the broader Kildonan Drive area and city, however, it aligns more closely with average benchmarks for size and value.
2. What should I consider about a home built in 1921?
While offering charm and established landscaping, it's prudent to pay close attention to the condition of major aging components like the roof, foundation, plumbing, and electrical systems, even with a renovated basement. An inspection is highly recommended.
3. The sold price history shows ranges, not exact figures. Why?
Exact sale prices are not publicly available in all provinces. The listed ranges are estimates based on public data. You can request the precise historical sold prices directly from the listing service via email.
4. What does the "above average" assessed value mean for property taxes?
A higher assessed value relative to the street average generally leads to a proportionally higher property tax bill. It's a sign the municipality views the property as more valuable, which is positive for equity but impacts annual carrying costs.
5. The lot is large for the street but smaller than the area average. What's the trade-off?
This offers a balance: you get a more spacious and private yard than many direct neighbors, making it feel roomy on the block, while likely requiring less maintenance than the largest lots in the wider district. It’s a practical size for gardening or recreation without being overwhelming.