Property score
48.2
Below average
Overall 48.2 · Smaller and older than most nearby homes
720 sqft (bottom 5%) · Built in 1946 (9 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 2 schools, 6 healthcare facilitys, and 2 shops nearby
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 81%Chinese · 2%
Past 10 years Rossmere-B sales snapshot (~80% of all data)
568
360k
$380/sqft
1955
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48.2 is composed by the two sections below.
Property Score
Community Score
Rossmere-B
How to read: Share of sales in each ~$50k price band for “rossmere-b” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110712
$91K
Median household income
$88K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
25%
Single-person households
24%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
218 Greene Avenue — 17 amenities found within 500 m, across 7 categories, including 3 dining (nearest 89 m), 2 education (nearest 239 m), 6 healthcare (nearest 252 m).
Rossmere-B · WPS public data · 2026
Annual incidents
13
2026
vs. city avg
-56%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
62%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 44% | Top 38% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 218 Greene Avenue in Winnipeg's Rossmere-B neighborhood presents a straightforward, entry-level opportunity. Built in 1946, it's a smaller, 720 sqft bungalow on a roughly 5,000 sqft lot. Its assessed value of $264k is notably below area and city averages, reflecting its compact size and age. It last sold in mid-2021 for an estimated $300k-$350k. The appeal here is grounded in affordability and lot potential. It ranks in the bottom tiers for size, value, and age compared to most nearby homes, which positions it as one of the more accessible price points in the area. This isn't a move-in-ready showcase; its value lies in what it represents—a chance to own a standalone home with land in a settled neighborhood without the premium price tag of larger, renovated properties.
Who is it for?
This property would suit a first-time buyer or an investor comfortable with a project. It’s for someone prioritizing land ownership and location over square footage, who sees the below-average metrics not as drawbacks but as the reason the home is within financial reach. It could be a practical starting point for building equity or a candidate for a thoughtful expansion (subject to approvals), given the lot size is on par with the street average.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is primarily driven by the home's smaller living area (720 sqft) and its age. It ranks below 80% of comparable citywide properties for value, which is consistent with its below-average rankings for size and year built.
2. What does the "Below Average" ranking for the neighborhood mean?
For Rossmere-B, this home ranks in the bottom 11% for living area and bottom 11% for year built among over 1,500 comparable properties. This indicates it is one of the smaller and older homes in this specific neighborhood, which is reflected in its lower valuation.
3. The lot size is listed as "Around Average." Is that a positive?
Yes. While the home itself is compact, the 4,989 sqft lot is consistent with the typical lot on Greene Avenue and in Rossmere-B. This is a key feature, offering standard outdoor space and potential that isn't constrained by an undersized property.
4. How does the last sale price relate to the current assessment?
The home sold for an estimated $300k-$350k in July 2021. The current assessed value of $264k is lower, which may reflect market adjustments, the assessed value methodology, or both. It's important to get a current market evaluation.
5. What are the less obvious points to consider?
First, its consistent "below average" status across metrics means property taxes may be relatively lower. Second, while older, it was built post-war and may share construction traits with many neighboring homes. Finally, being among the smallest on the street could mean less direct competition from large-scale redevelopments, preserving a quieter scale.
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