Property Overview: 647 Greenwood Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 647 Greenwood Place in the Minto neighborhood is defined by its practicality and potential. Built in 1938, it's a compact, 692-square-foot residence on a notably generous 4,106-square-foot lot for the area—ranking in the top 14% locally for land size. This combination of a smaller living space on a larger lot is its defining characteristic.
The appeal lies in its affordability and opportunity. With a modest assessed value and a last known sale price in the lower market range, it presents a clear entry point into homeownership. The larger-than-average lot offers valuable outdoor space and future potential, whether for gardening, expansion, or simply more privacy than typical area properties. It suits first-time buyers, downsizers seeking minimal interior upkeep, or investors looking for a land-value play. The home is for those who see value in the land and are comfortable with a cozy living footprint, possibly viewing it as a foundation for renovation or a long-term hold in a mature neighborhood.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 692 sq ft, the living space is significantly below average for the street, area, and city. It would suit a single person, a couple, or someone comfortable with efficient, minimalist living. The trade-off is the larger lot.
2. What does the assessed value tell us?
The assessed value is below average for the street but around the median for the Minto area. This typically indicates the property is valued in line with similar homes locally, but may be on the lower end of its immediate block, reflecting factors like its size, condition, or specific location.
3. How does the lot size compare?
This is a standout feature. The lot is over 4,100 sq ft, which is above average for Minto. This provides more yard space than most nearby properties and is a key asset for privacy, outdoor use, or future development.
4. What is the neighborhood context?
The data shows homes on Greenwood Place itself tend to be larger and on bigger lots than the broader Minto average. This property offers a larger lot but with a much smaller house, making it an outlier on its own street—something to consider for both privacy and potential future resale.
5. How can I get exact historical sale prices?
The provided sale price is a public data range. The listing service notes that exact sold prices are available upon direct request via email, which they provide manually without using your contact for marketing.