Property Overview: 168 Greene Avenue, Winnipeg

This one-and-a-half storey home in Kildonan Drive presents a practical opportunity with notable value. Built in 1948, it sits on a 5,019 sqft lot and features 1,129 sqft of living space with a renovated basement and a detached garage.

Key Characteristics & Appeal

The primary appeal of this property lies in its strong value proposition within its immediate neighborhood. Its assessed value ranks in the top 11% on Greene Avenue, suggesting it is viewed favorably compared to direct neighbors, while its living area and lot size are also above average for the street. This creates a scenario where you get more house and land for the dollar on this specific block than is typical. The renovated basement adds functional, modernized space.

Its appeal is grounded and practical. It would suit a first-time buyer looking for a solid entry point into a stable area, or an investor seeking a property with strong fundamentals relative to its micro-market. The detached garage and generous lot offer flexibility for storage, hobbies, or future expansion. A less obvious perspective is that a home with an above-average assessment but a middle-of-the-road sale history may present a negotiation advantage, as its official valuation isn't fully reflected in recent area sale prices.

Frequently Asked Questions

1. What does the "above average" assessed value ranking mean?
It means the municipal property assessment for this home is higher than 89% of comparable homes on Greene Avenue. This often indicates the property has features or conditions the assessor views favorably compared to its neighbors.

2. Is the sold price history shown the exact price?
No, the listed prices are estimated ranges from public data. You can request the exact sold price history by email, which will be provided manually without marketing spam.

3. How does the lot size compare to the wider area?
At just over 5,000 sqft, the lot is above average for Greene Avenue but below the average lot size for the broader Kildonan Drive area. This means you get a good-sized yard for the street, though lots in the surrounding neighborhood are generally larger.

4. What type of maintenance should I anticipate for a home of this age?
Built in 1948, the home is older than most on its street and in the city. Prospective buyers should budget for and inspect age-related systems, such as the roof, plumbing, and electrical, even though the basement has been renovated.

5. Why are the rankings for the same metric different by area?
Each ranking compares the home to a different peer group: its immediate street, the wider Kildonan Drive area, and the entire city. A home can be above average on its block but average or below average in a larger context, which helps pinpoint its true local standing.