Property Overview: 536 Greenacre Boulevard, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home in Kirkfield is defined by its generous, above-average lot size of nearly 6,900 sqft—a standout feature on its street and within the wider city. The house itself, built in 1946, is more modest in scale at 888 sqft of living area and carries a below-average assessed value relative to its neighbourhood and Winnipeg overall. It has no basement, no pool, and features a detached garage.

The primary appeal lies in the land itself. This property suits a specific buyer: someone who values outdoor space for gardening, recreation, or future expansion over a large existing footprint. It’s a practical entry point into homeownership in a mature area, likely appealing to first-time buyers, downsizers seeking a manageable home with a private yard, or investors looking for a land-value opportunity. A thoughtful perspective is that a smaller, character home on a large lot can offer lower utility costs and property taxes, freeing up budget for landscaping, renovations, or simply lifestyle. Its below-average metrics in size and value aren’t drawbacks for the right buyer, but rather indicators of an affordable project with a unique asset—the land.

Frequently Asked Questions

1. What does "no basement" mean for storage and utilities?
The home has no below-ground basement. Utilities like the furnace and water heater will be on the main floor, and storage solutions may need to be creative, possibly utilizing the detached garage or planned interior spaces.

2. The assessed value seems low. What does this indicate?
The assessed value is for municipal tax purposes and is consistently below area averages. This typically reflects the home’s smaller size, age, and specific features. It generally translates to lower annual property taxes, which is a financial positive, but is not a direct marker of future sale price.

3. Is the large lot a development opportunity?
While the lot is significantly larger than others on the street, any potential for subdivision or adding a secondary suite would require thorough investigation of current City of Winnipeg zoning bylaws, which should be a key first step for buyers with those intentions.

4. How does the 1946 build year affect the home?
Homes of this era often have solid construction but may require updates to electrical, plumbing, or insulation to meet modern standards. A thorough inspection is essential to understand the condition and any needed investments.

5. The last recorded sale was in 2021. Why is the exact price not listed?
Exact sale prices are not always publicly available in Manitoba. The provided range is based on available data. The precise sale price can be requested directly from the listing service, as noted on the detail page.