Property Overview: 385 Greene Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This 1,024 sqft bungalow, built in 1952 in the Rossmere-B neighbourhood, presents a straightforward, value-oriented opportunity. Its primary appeal lies in its solid positioning within its immediate community. The home's assessed value ($314k) and living area are both very typical for Greene Avenue and the wider Rossmere-B area, indicating a property that aligns with local norms rather than standing out as an exception. A notable characteristic is the lot size—at over 5,000 sqft, it is above average for the street, offering more outdoor space than many direct neighbours.
The property would suit a pragmatic first-time homebuyer or an investor looking for a stable, no-surprises entry into the Winnipeg market. Its metrics suggest it's not a fixer-upper outlier nor a premium renovation, but a standard home in a mature neighbourhood. A thoughtful perspective is that its "average" rankings across most local categories can be a strength, representing a lower-risk purchase that is unlikely to be over- or under-valued compared to its surroundings. The appeal is grounded in community consistency and the potential of a decent-sized lot.
Frequently Asked Questions
1. How does this home really compare to others in Winnipeg?
While its size is below the citywide average, its assessed value is much closer to the Winnipeg norm, suggesting the value is driven more by its specific location and lot than by interior square footage.
2. Is the lot size a significant advantage?
Possibly. At 5,037 sqft, the lot is larger than many on the street, which could allow for future additions, landscaping, or simply more private outdoor space—a perk not immediately apparent from the street view.
3. Why isn't a full sales history shown?
The provided data is compiled from public sources, not the MLS. For a complete and verified transaction history, you must request a manual lookup from the site, which they provide via email.
4. What do the "Around Average" rankings mean for a buyer?
They indicate stability. This home is not an outlier in its core metrics for the area, which can simplify comparison shopping and provide confidence that its pricing is community-based.
5. Are the comparable nearby listings similar?
The listed nearby properties on Greene and Linden Avenues show very similar year-built, size, and assessed values, confirming this is a neighbourhood of consistent, mid-century homes with aligned market values.