Property Overview: 411 Greene Avenue, Winnipeg

Key Characteristics & Appeal

This home at 411 Greene Avenue in the Rossmere-B neighborhood presents a compelling mix of modern convenience and established community living. Its primary appeal lies in its exceptional newness, built in 2020, which places it in the top 1-3% of homes for age across its street, neighborhood, and even the entire city. This translates to likely benefits such as modern building standards, newer mechanical systems (like furnace and plumbing), and minimal immediate repair needs.

With 1,200 sqft of living space, the interior is comfortably sized, ranking within the top 16% for area both on its street and in Rossmere-B. The city-assessed value of $328,000 is also above the local average, suggesting a solid perceived value within its immediate market. The property is ideally suited for buyers seeking a move-in ready, low-maintenance home in a mature area, who prioritize modern construction over a large lot. It’s a practical choice for first-time homeowners, small families, or downsizers looking to avoid the surprises often found in older homes.

A less obvious perspective is the trade-off: while the house itself is newer and above average in size for the area, the lot is notably smaller (2,497 sqft) than most surrounding properties. This could be a positive for those who prefer less yard upkeep, but a consideration for those envisioning extensive gardens, additions, or expansive outdoor space.

Frequently Asked Questions

1. What are the main advantages of this home compared to others in the area?
The most significant advantage is its age. Built in 2020, it is a much newer construction than the typical home in Rossmere-B (where the average build year is around 1955). This usually means greater energy efficiency, modern layouts, and fewer concerns about major aging components.

2. The lot seems smaller than others. How does this impact the property?
The land area is indeed smaller than the neighborhood average. This typically results in lower property taxes related to land value and less yard maintenance. However, it may limit potential for large-scale expansions, pools, or extensive landscaping. The focus here is squarely on the dwelling itself.

3. How does the assessed value relate to the likely market price?
The city assessment for taxation ($328,000) is above the local average but below the Winnipeg citywide average. It serves as a baseline for property taxes but is not a direct market appraisal. Recent comparable sales in the area (from 2020) suggest a historical transaction range between $300,000 and $350,000.

4. Is this a good investment compared to older, renovated homes on larger lots?
It depends on priorities. This home offers immediate modern livability with potentially lower near-term maintenance costs. An older, renovated home on a larger lot might offer more land value and character but could harbor hidden issues or require updates not immediately apparent. This property appeals to those valuing predictability and newer infrastructure.

5. Where can I find precise historical sale data for this address?
The provided data indicates a sale occurred around May 2020. For absolute accuracy and complete transaction history, the source recommends contacting them directly via email, as they provide verified records manually due to industry data restrictions, and do not publish exact figures publicly on the site.