421 Greene Avenue

Rossmere-B, Winnipeg

Property score

53.4

Fair

Overall 53.4 · Smaller and older than most nearby homes

932 sqft (bottom 27%) · Built in 1914 (41 yrs older than avg)

Located in a high-income area with median household income of ~91k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 park, and 1 place of worship nearby

Living Area

Below average

11% smaller than neighborhood avg.

Year Built

Below average

41 yrs older than neighborhood avg.

Mother tongue

English · 85%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

53.4 is composed by the two sections below.

Property Score

38.2Low
Living Area932 sqft42Low
Year Built191416Low
Lot Size4,494 sqft53Fair
Neighbourhood Sales Activity37Low

Community Score

76.1Good
Household Income81Excellent
Education Level44Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110702

Community deep dive

$91K

Median household income

$99K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

25%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)665
Labour force participation rate61%
Median age40.8
Avg household size2.4
Unemployment rate4%
Population density3694 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households25%
Couple families with children30%
Median household income (2020)$91K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority2%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 84%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
932 sqft
0255075100
Same streetBottom 33%Same areaBottom 27%CitywideBottom 19%
Same street · Greene Avenue
#203 / 301
Bottom 33% · Avg 1,033 sqft
Same area · Rossmere-B
#1,142 / 1,567
Bottom 27% · Avg 1,047 sqft
Citywide · Winnipeg
#156,876 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

below average
235k
0255075100
Same streetBottom 5%Same areaBottom 5%CitywideBottom 14%
Same street · Greene Avenue
#287 / 301
Bottom 5% · Avg 311.7k
Same area · Rossmere-B
#1,489 / 1,567
Bottom 5% · Avg 311.9k
Citywide · Winnipeg
#167,220 / 194,458
Bottom 14% · Avg 390.1k

Year Built

below average
1914
0255075100
Same streetBottom 1%Same areaBottom 2%CitywideBottom 11%

Lot Size

around average
4,494 sqft
0255075100
Same streetBottom 18%Same areaBottom 17%CitywideBottom 34%

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

421 Greene Avenue — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 107 m).

Search radius
🌳Parks1
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 7/2021CA$300k–350k
Sold price

Same street

Top 33%

Same area

Top 32%

City-wide

Bottom 47%
Sold 9/2017CA$200k–250k
Sold price

Same street

Bottom 5%

Same area

Bottom 5%

City-wide

Bottom 13%

Related homes

Highlights & common questions: 421 Greene Avenue, Winnipeg

Property Overview: 421 Greene Avenue, Winnipeg

Key Characteristics & Appeal

This home at 421 Greene Avenue in Rossmere-B is defined by its vintage character and value-oriented positioning. Built in 1914, it is notably older than most homes on its street and in Winnipeg, which may appeal to those who appreciate classic construction or see potential in a well-maintained older home. With 932 sqft of living space and a 4,494 sqft lot, its size is modest compared to local averages, suggesting a manageable footprint for downsizers, first-time buyers, or investors.

Its primary appeal lies in its assessed value of $235k, which sits significantly below the averages for Greene Avenue ($311.7k) and the Rossmere-B neighborhood ($311.9k). This creates an accessible entry point into the area. The property’s value has appreciated, with sales data showing a rise from the $200k-$250k range in 2017 to $300k-$350k in 2021. This home would suit a practical buyer looking for affordability in a stable neighborhood, someone comfortable with a home that may require updates reflective of its age, or an investor seeking a property with a lower entry cost and proven historical value growth.


Frequently Asked Questions

1. What does it mean that the home is "below average" in so many categories?
This statistical comparison shows that the home is more modest in size, newer in age, and lower in assessed value than many other homes in its immediate vicinity and the city. This isn't necessarily negative; it directly translates to a more affordable price point in a neighborhood where most homes cost more.

2. The home was built in 1914. Are there major concerns with such an old house?
While the age indicates potential for character and solid construction, it warrants a particularly thorough inspection. Key focus areas would include the foundation, roof, plumbing, electrical systems, and insulation, as standards and materials have evolved significantly since 1914.

3. How reliable are the provided sales price ranges from 2017 and 2021?
The ranges are derived from public data and are a reliable indicator of market movement and approximate value. They show clear appreciation. For exact historical sale figures to inform your offer, you can request them directly via the provided email link on the original listing page.

4. The lot size is "around average" citywide but "below average" on the street. Is the yard still usable?
Yes. At 4,494 sqft, the lot is a very usable size for a city yard, gardens, or outdoor space. It is simply slightly smaller than the specific lots on Greene Avenue, which tend to be larger. It is not a constrictive parcel.

5. Who are the most likely neighbors or comparable homes?
Based on the data, your immediate neighbors on Greene Avenue likely live in homes built mostly in the 1950s, which are larger in living area and have a higher assessed value. The home offers a chance to live on a street of generally higher-value properties while maintaining a lower property tax assessment based on its current valuation.

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