Property Overview: 263 Greene Avenue, Winnipeg
Key Characteristics & Appeal
This home at 263 Greene Avenue in the Rossmere-B neighborhood presents a compelling blend of space, modernity, and value within its local context. Built in 1982, its construction date is a significant advantage, ranking in the top 5% of the immediate area where the average home is three decades older. This suggests a property likely requiring less immediate major upkeep compared to many of its neighbors. With 1,056 sqft of living space, it offers roominess that is squarely above average for both its street and community.
The property’s tax-assessed value of $364,000 stands out, placing it in the top 10% locally, which can indicate above-average finishes, condition, or desirability for the specific street. The lot size of just under 5,000 sqft is typical for the area, providing standard outdoor space.
This home would suit a practical buyer looking for a move-in-ready foundation in a mature neighborhood. It’s ideal for someone who values a more contemporary build year without venturing into new suburban developments, and who appreciates a home that holds a strong relative value within its immediate community. The data suggests it’s a solid, above-average contender on its block rather than a fixer-upper or a sprawling estate.
Frequently Asked Questions
1. How does this home’s 1982 build year compare to the area?
It is notably newer than most. The average build year on Greene Avenue is 1952, and in Rossmere-B it's 1955, placing this home in the top 4-5% of the neighborhood for modernity.
2. The assessed value seems high for the area. What does that mean?
While the home’s assessed value is close to the Winnipeg average, it ranks in the top 9% on its own street. This typically reflects that the property is assessed more highly than its direct neighbors, which can be due to factors like superior condition, updates, or lot advantages.
3. What was the last sale price?
Public data suggests a sale occurred in December 2020 in the $300,000-$350,000 range. For precise historical sale figures, you must request the information directly from the source via email, as per their note.
4. Is the living space considered large?
At 1,056 sqft, it is comfortably above the average for both Greene Avenue (1,033 sqft) and the Rossmere-B community (1,047 sqft), offering more space than many comparable local homes.
5. How does the lot size compare?
The 4,983 sqft lot is very close to the street average (4,905 sqft) and is a standard size for the community, though slightly below the city-wide average for Winnipeg.