Property Overview: 359 Greenwood Avenue, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This 1972-built home in Meadowood presents a practical and straightforward opportunity. With 1,040 square feet of living space, it sits comfortably within the average range for the neighbourhood and city, offering a manageable layout for everyday living. A key standout feature is the 5,201 square foot lot, which is notably larger than many others on Greenwood Avenue, providing valuable outdoor space and potential.
The home’s appeal lies in its position as a solid, no-frills property in a stable area. Its assessed value is consistent with local averages, suggesting a fair market entry point. Recent sales activity on the street indicates an active neighbourhood. This property would best suit first-time buyers seeking a manageable starter home, practical investors looking for a rental property, or downsizers who value a larger lot over excessive interior square footage. It’s a home for those who see potential in the land and a classic layout, rather than someone seeking a recently renovated or premium-sized interior.
Section 2: Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot of 5,201 sq ft is a defining feature. It ranks in the top 22% on Greenwood Avenue, meaning it’s significantly larger than most direct neighbours, offering more privacy and yard space.
2. Is the home older or newer than others in Meadowood?
Built in 1972, this home is actually newer than many in the broader Meadowood area, ranking in the top 86% (meaning only 14% of area homes are newer). However, it is around the average age for its specific street and the city overall.
3. What can the 2021 sale price range tell me?
The prior sale in the CA$300k–350k range provides a recent benchmark. For the exact price to understand precise market movement, you can request the detailed history from the site.
4. How does the living area square footage compare?
At 1,040 sq ft, the living space is slightly below the average for Greenwood Avenue but is very close to the average for the wider Meadowood neighbourhood. It’s a compact, efficient footprint.
5. What is the immediate neighbourhood like based on this data?
Greenwood Avenue appears to be a street of varied lot sizes and home ages, with consistent sales activity. The data suggests a mature, established area where properties like this one, with above-average lot sizes, may offer a unique value proposition compared to newer subdivisions with smaller yards.