Property Overview: 314 Greenwood Avenue, Meadowood, Winnipeg
Key Characteristics & Appeal
This 1975-built home in Meadowood offers a compelling blend of space and value, anchored by its most distinctive feature: an exceptionally large lot. At 6,772 sqft, the property ranks in the top 5% for land size on its own street, providing rare potential for expansion, gardening, or outdoor living compared to neighbouring homes. The living area of 1,262 sqft is comfortably above average for the Meadowood area, offering ample room for a family.
The home’s appeal lies in its strong positional value within its immediate community. Its assessed value places it consistently above average for both the street and the neighbourhood, suggesting it is viewed as a solid asset in the area. For buyers, this presents a property that is not an outlier in price but offers a tangible premium in land. It would suit practical buyers looking for a long-term home with room to grow, whether that means adding a deck, a workshop, or simply enjoying a larger, more private yard. It’s a property for someone who values the potential of the land as much as the existing structure.
Frequently Asked Questions
1. How does the lot size truly compare?
The lot is a standout feature. It’s significantly larger than the average lot on Greenwood Avenue (approx. 4,805 sqft) and in the broader Meadowood area (approx. 5,554 sqft), offering a notable amount of extra outdoor space.
2. What does the assessed value ranking mean?
The home is assessed in the top 10-13% on its street and in Meadowood, indicating it is considered a higher-value property within its immediate local context, which can be a positive signal for underlying value.
3. Is the house older or newer than most in the area?
Built in 1975, it is newer than many homes on its street (where the average year built is 1950) but is generally around the average age for the wider city and Meadowood neighbourhood.
4. Where can I see how this property compares visually to its neighbours?
A detailed neighbourhood analysis map is available, allowing you to see nearby houses and compare metrics like year built, lot size, and assessed value on a street-by-street basis.
5. How can I find out the exact historical sold price?
Exact sold prices are provided manually via email upon request. The publicly displayed range for its 2021 sale is between CA$400k and $450k.