271 Greene Avenue

Rossmere-B, Winnipeg

59.8

Fair

Overall 59.8

Older than most nearby homes

1,002 sqft (bottom 44%)

Built in 1952 (3 yrs older than avg)

Located in a high-income area

with median household income of ~91k

Transit 74.0

4-min walk to transit with 2 nearby routes

Within 500m: 3 dining spots, 2 schools, 5 healthcare facilitys, and 2 shops nearby

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 81%Chinese · 2%

Past 10 years Rossmere-B sales snapshot (~80% of all data)

Sold Count

568

Median price

360k

$/sqft

$380/sqft

Avg build year

1955

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Property score

59.8 is composed by the two sections below.

Property Score

49.2Low
Living Area1,002 sqft52Fair
Year Built195236Low
Lot Size4,983 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

75.6Good
Household Income81Excellent
Education Level54Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110712

Community deep dive

$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

Population, labour & age

Population (2021)653
Labour force participation rate63%
Median age40.4
Avg household size2.4
Unemployment rate9%
Population density3627 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households25%
Couple families with children24%
Median household income (2020)$91K

Housing

Renter households24%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority10%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Chinese · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,002 sqft
0255075100
Same streetBottom 46%Same areaBottom 44%CitywideBottom 26%
Same street · Greene Avenue
#162 / 301
Bottom 46% · Avg 1,033 sqft
Same area · Rossmere-B
#880 / 1,567
Bottom 44% · Avg 1,047 sqft
Citywide · Winnipeg
#143,354 / 194,458
Bottom 26% · Avg 1,342 sqft

Tax-Assessed Value

below average
291k
0255075100
Same streetBottom 27%Same areaBottom 25%CitywideBottom 27%
Same street · Greene Avenue
#220 / 301
Bottom 27% · Avg 311.7k
Same area · Rossmere-B
#1,168 / 1,567
Bottom 25% · Avg 311.9k
Citywide · Winnipeg
#142,319 / 194,458
Bottom 27% · Avg 390.1k

Year Built

around average
1952
0255075100
Same streetBottom 39%Same areaBottom 29%CitywideBottom 30%

Lot Size

around average
4,983 sqft
0255075100
Same streetBottom 35%Same areaBottom 32%CitywideBottom 43%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

271 Greene Avenue — 16 amenities found within 500 m, across 8 categories, including 3 dining (nearest 271 m), 2 education (nearest 220 m), 5 healthcare (nearest 334 m).

Search radius
🍽️Dining3
🏫Education2
🏥Healthcare5
🛒Shopping2
🌳Parks1
🏦Finance1
Fuel Stations1
Worship1

Crime & Safety

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%

Sales History

Sold 8/2019CA$250k–300k
Sold price

Same street

Bottom 21%

Same area

Bottom 23%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 271 Greene Avenue, Winnipeg

Property Overview: 271 Greene Avenue, Winnipeg

Key Characteristics & Appeal

This 1952-built home in Rossmere-B offers a practical, no-frills entry point into Winnipeg's housing market. At 1,002 sqft on a near-5,000 sqft lot, its size is typical for its immediate street and neighborhood, but sits below the citywide average, indicating a more modest and manageable footprint. The assessed value of $291k is consistently below average at the street, neighborhood, and city level, suggesting a price point that may offer relative affordability within its context.

The primary appeal lies in its position as a standard, established property in a mature neighborhood. It represents a straightforward opportunity without the premium often attached to larger or newer homes. It would suit first-time buyers seeking a lower barrier to entry, practical homeowners who prioritize function over excess space, or investors looking for a stable, average-priced rental property. A thoughtful perspective is that a home ranking solidly "average" in its immediate area can represent a lower-risk, predictable investment, insulated from the volatility that can sometimes affect properties that are outliers in their market.


Frequently Asked Questions

1. Is this home a good value compared to its neighbors?
The data suggests it is priced below the local average. With an assessed value lower than most comparable homes on Greene Avenue and in Rossmere-B, it presents a potentially competitive value proposition within the immediate area.

2. How does the size of this home compare to others in Winnipeg?
The living area is below the Winnipeg average. This means the home offers a more compact layout than many citywide offerings, which could translate to lower utility costs and less maintenance, but may not suit those needing more space.

3. What can the 2019 sale price range tell me?
The previous sale in 2019 fell between $250k-$300k. This provides a historical benchmark, indicating the property's market trajectory and offering context for its current assessed value.

4. How does the lot size compare?
At 4,983 sqft, the lot is very close to the average for Greene Avenue and Rossmere-B. It provides a standard outdoor space for the area, but is smaller than the typical lot across the entire city.

5. The home was built in 1952. What should I consider?
The build date is typical for the street. Buyers should factor in the potential for age-related updates (like roofing, windows, or major systems) common for homes of this era, while also appreciating the established character and mature landscaping of the neighborhood.

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