Property Overview: 378 Greene Avenue, Winnipeg
Key Characteristics & Buyer Profile
This 886 sqft bungalow, built in 1953 on a 4,398 sqft lot in Rossmere-B, presents a straightforward value proposition. Its key appeal lies in its position as a competitively priced entry point into a stable, established neighborhood. The home's living area, assessed value ($275k), and lot size all fall below the local averages for Greene Avenue and Rossmere-B, indicating a more modest and affordable property within its context. This is corroborated by its last known sale price (2020), which ranked in the top 96% for value in the area.
The property would suit first-time buyers, downsizers, or investors seeking a lower-cost footprint in Winnipeg. Its below-average metrics suggest potential for future updates to increase value, while the lot size—though smaller than some neighbors—offers manageable outdoor space. A thoughtful perspective is that a home ranking "below average" in its immediate vicinity can represent a practical opportunity, providing the essential benefits of the location without the premium price tag of its larger neighbors.
Frequently Asked Questions
1. Is this a small house for the area?
Yes. At 886 sqft, the living area is below the average for both Greene Avenue (1,033 sqft) and the wider Rossmere-B neighborhood (1,047 sqft).
2. How does the assessed value compare to nearby homes?
The $275,000 assessment is below the local averages. On Greene Avenue, the average assessed value is about $311,700, and in Rossmere-B it's approximately $311,900.
3. When was it last sold and for roughly how much?
Records show it sold in May 2020. The public price range is between $200,000 and $250,000, which was considered a high-value sale for the area at that time.
4. What is the lot size like?
The lot is 4,398 sqft, which is smaller than the average lot on Greene Avenue (4,905 sqft) but close to the citywide average for comparable homes.
5. How can I get the exact historical sale prices?
The site does not display MLS records. You must request exact sold price figures via email, and they will be provided manually.