Property Overview: 465 Greene Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 465 Greene Avenue is a practical, mid-century bungalow in the Rossmere-B neighbourhood. Its key characteristic is its efficiency: at 820 sqft, the living space is compact and manageable, well below area averages. This is balanced by a nearly 4,000 sqft lot, which is also below local averages but offers solid outdoor potential for its setting. Built in 1955, it aligns with the area's typical construction period.
The appeal lies in its position as an accessible entry point into the Winnipeg market. With an assessed value notably below city-wide averages, it presents a lower financial threshold for homeownership. It suits first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property. The lot size, while not expansive, is a relative asset for the area and allows room for gardening, play, or future expansion—a key point of value in an otherwise modest offering. A thoughtful perspective is that its below-average metrics across the board signal a property that hasn't been extensively modernized or expanded, which could be seen as a canvas for a buyer to add value according to their own taste and budget, rather than paying a premium for prior renovations.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 820 sqft, the home's living area is below the average for the street, neighbourhood, and city. This indicates a more compact, efficient layout.
2. Is the assessed value typical for the area?
The assessed value of $287k is below the average for Greene Avenue, Rossmere-B, and Winnipeg overall, suggesting the property is valued at a more accessible price point within its market.
3. What is the potential of the lot?
The lot is 3,994 sqft. While this is below the average lot size for the street and area, it remains a decent-sized parcel for the neighbourhood and represents a significant portion of the property's value, offering usable outdoor space.
4. What do the past sale prices indicate?
The home sold in 2021 and 2017. The price ranges shown suggest steady appreciation in line with market trends, with its sale price historically ranking in the middle to upper-middle tier compared to local sales at those times.
5. How can I get exact historical sale prices for this property?
The displayed prices are estimated ranges from public data. For fully verified, exact sale figures from the MLS, you must request a manual lookup from the site provider, who will email the information to you.