338 Greene Avenue

Rossmere-B, Winnipeg

Property score

52.4

Fair

Overall 52.4 · Smaller than most nearby homes

886 sqft (bottom 20%) · Built in 1953 (2 yrs older than avg)

Located in a above-average income area with median household income of ~83k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 2 schools, 3 healthcare facilitys, and 2 shops nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 82%French · 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

52.4 is composed by the two sections below.

Property Score

37.2Low
Living Area886 sqft32Low
Year Built195336Low
Lot Size4,999 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

75.1Good
Household Income78Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health76Good

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: #46110704

Community deep dive

$83K

Median household income

$88K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

29%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)639
Labour force participation rate68%
Median age40.8
Avg household size2.3
Unemployment rate4%
Population density3550 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households29%
Couple families with children27%
Median household income (2020)$83K

Housing

Renter households10%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority14%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

below average
886 sqft
0255075100
Same streetBottom 24%Same areaBottom 20%CitywideBottom 15%
Same street · Greene Avenue
#228 / 301
Bottom 24% · Avg 1,033 sqft
Same area · Rossmere-B
#1,255 / 1,567
Bottom 20% · Avg 1,047 sqft
Citywide · Winnipeg
#164,954 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
344k
0255075100
Same streetTop 16%Same areaTop 16%CitywideBottom 44%
Same street · Greene Avenue
#49 / 301
Top 16% · Avg 311.7k
Same area · Rossmere-B
#254 / 1,567
Top 16% · Avg 311.9k
Citywide · Winnipeg
#108,668 / 194,458
Bottom 44% · Avg 390.1k

Year Built

around average
1953
0255075100
Same streetBottom 46%Same areaBottom 34%CitywideBottom 31%

Lot Size

around average
4,999 sqft
0255075100
Same streetTop 38%Same areaBottom 48%CitywideBottom 45%

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

338 Greene Avenue — 10 amenities found within 500 m, across 5 categories, including 2 dining (nearest 460 m), 2 education (nearest 363 m), 3 healthcare (nearest 479 m).

Search radius
🍽️Dining2
🏫Education2
🏥Healthcare3
🛒Shopping2
🌳Parks1

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 6/2021CA$300k–350k
Sold price

Same street

Top 45%

Same area

Top 38%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 338 Greene Avenue, Winnipeg

Property Overview: 338 Greene Avenue, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This 1953-built home in Rossmere-B presents a straightforward, value-oriented opportunity. At 886 sqft, its living space is modest and below averages for the street, neighborhood, and city, indicating a compact, efficient layout. The lot size of 4,999 sqft is typical for the area. The primary standout is its assessed value of $344k, which ranks above average for both Greene Avenue and Rossmere-B, suggesting the property is assessed more favorably than many direct comparables. It last sold in mid-2021 for an estimated $300k–$350k.

The appeal lies in its positional value within a stable, established neighborhood. It suits a practical, budget-conscious buyer—perhaps a first-time homeowner or an investor—who prioritizes a lower entry point into the Winnipeg market over square footage. The data implies you may be paying more for the property's specific lot and location value than for its interior size. A thoughtful perspective is that a smaller home on a standard lot can offer lower utility costs and less maintenance, while leaving room for a future expansion, if desired, subject to approvals.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the market price?
Not directly. While this home's assessment is above its immediate area averages, market price is determined by current buyer demand, condition, and recent sales. The assessment is a snapshot for taxation purposes.

2. The house seems smaller than others. Is it a full-sized home?
At 886 sqft, it is a compact bungalow, common for its era. It is smaller than many homes on the street (avg. 1,033 sqft) and in Winnipeg overall. Buyers should verify the room count and layout to ensure it meets their space needs.

3. What does the sale history tell us?
It sold between $300k and $350k in June 2021. Market conditions have shifted since then, so that price is a historical data point, not a current valuation. The exact sale price can be requested from the site.

4. How does the lot size compare?
The 4,999 sqft lot is very close to the street average (4,905 sqft). It's a standard residential lot for the area, not unusually large or small.

5. The home was built in 1953. What should I be concerned about?
As with any home of this age, the condition of major systems (roof, wiring, plumbing, foundation) and potential for asbestos or lead paint should be investigated. A thorough home inspection is essential.

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