102 Greensboro Square

Property Overview: 102 Greensboro Square, Winnipeg

Key Characteristics & Appeal

This 1978-built home in Waverley Heights presents a solid, middle-of-the-road offering in the Winnipeg market. With 1,286 sqft of living space on a 4,635 sqft lot, its metrics are consistently "around average" when compared to its immediate street and the wider city. Its assessed value of $348k sits notably below the neighborhood average, which could indicate a value opportunity or reflect the home’s specific condition. The appeal lies in its established location and the potential it represents. It suits a pragmatic buyer—perhaps a first-time homeowner or a downsizer—who prioritizes location and lot ownership over a brand-new build. A thoughtful perspective is that while the lot size is smaller than many in the area, it offers manageable upkeep. Its consistent "average" rankings across categories suggest a stable, predictable property without extreme outliers, which can be a virtue for those seeking a straightforward purchase in a mature neighborhood.

Frequently Asked Questions

1. Is this a good value based on the assessed price?
The assessed value of $348k is below both the street ($382.7k) and neighborhood ($398.1k) averages. This suggests potential value, but it’s essential to determine if the assessment reflects recent updates, the home’s condition, or other factors that a viewing and inspection would clarify.

2. How does the lot size impact the property?
At 4,635 sqft, the lot is smaller than many in Waverley Heights. This means less yard maintenance, which is a plus for many, but also less private outdoor space. It’s a trade-off that aligns with a low-maintenance lifestyle.

3. What does the "around average" ranking for the build year mean?
Built in 1978, the home is newer than the Winnipeg city average but typical for its street. Homes from this era often feature practical layouts and may have undergone some updates, but buyers should budget for potential age-related maintenance common to houses over 40 years old.

4. Who would this home suit best?
It’s well-suited for a value-conscious buyer looking for an entry point into an established neighborhood. Its average size and manageable lot make it practical for small families, couples, or empty-nesters who don’t want the upkeep of a larger property.

5. Are there any red flags in the data?
There are no dramatic red flags, but the below-average lot size and assessed value for the neighborhood are the most significant deviations. These aren’t inherently negative but are key points to investigate further during a viewing to understand their cause and how they align with your priorities.