425 Greene Avenue

Rossmere-B, Winnipeg

Property score

56.6

Fair

Overall 56.6 · Smaller but newer than most nearby homes

918 sqft (bottom 24%) · Built in 1956 (1 yr newer 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

12% smaller than neighborhood avg.

Year Built

Above average

1 yrs newer 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

56.6 is composed by the two sections below.

Property Score

43.6Low
Living Area918 sqft42Low
Year Built195643Low
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
918 sqft
0255075100
Same streetBottom 31%Same areaBottom 24%CitywideBottom 18%
Same street · Greene Avenue
#208 / 301
Bottom 31% · Avg 1,033 sqft
Same area · Rossmere-B
#1,184 / 1,567
Bottom 24% · Avg 1,047 sqft
Citywide · Winnipeg
#159,268 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
356k
0255075100
Same streetTop 11%Same areaTop 11%CitywideBottom 48%
Same street · Greene Avenue
#32 / 301
Top 11% · Avg 311.7k
Same area · Rossmere-B
#168 / 1,567
Top 11% · Avg 311.9k
Citywide · Winnipeg
#100,496 / 194,458
Bottom 48% · Avg 390.1k

Year Built

above average
1956
0255075100
Same streetTop 26%Same areaTop 29%CitywideBottom 36%

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

425 Greene Avenue — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 116 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 8/2023CA$350k–400k
Sold price

Same street

Top 8%

Same area

Top 9%

City-wide

Top 35%

Related homes

Highlights & common questions: 425 Greene Avenue, Winnipeg

Property Overview: 425 Greene Avenue, Winnipeg

Key Characteristics & Buyer Appeal

This 1956 home in the Rossmere-B neighbourhood presents a solid, value-oriented opportunity. Its key appeal lies in its strong assessed value relative to its immediate area. With an assessment of approximately $356,000, it ranks in the top 11% of homes on its street and in the neighbourhood, meaning it is considered above average for the local market. The home itself is modest in size at 918 square feet, which is slightly below the averages for the street, neighbourhood, and city, suggesting a more manageable and efficient layout.

The lot size of 4,494 sq ft is also below the local averages, which may appeal to buyers looking for less yard maintenance. A thoughtful perspective is that this property represents a "high-performer in its peer group." While not a large or new home by citywide standards, it stands out positively within its own established community of similar, mid-century homes. It last sold in 2023 for an estimated $350k-$400k, indicating recent market activity. This home would best suit first-time buyers, downsizers, or value-focused investors seeking a well-positioned asset in a stable neighbourhood without paying a premium for extra square footage or land they may not need.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value ($356k) is strong for the area, the selling price is determined by the current market. The home's last sale in 2023 fell within the $350k-$400k range, providing a recent benchmark.

2. How does the smaller living space compare to nearby homes?
At 918 sq ft, the living area is slightly more compact than many neighbours. This can mean lower utility costs and less upkeep, but it's important to ensure the layout meets your space needs.

3. What does the "above average" ranking for its build year (1956) mean?
This indicates the home is newer than many comparable houses on the street and in Rossmere-B, where average build years are 1952 and 1955, respectively. This could suggest potentially fewer issues related to very aged components.

4. Are there similar homes nearby for comparison?
Yes. Recent comparable listings on nearby streets like Hazel Dell and Leighton Avenue show similar 1950s homes with assessed values ranging from $302k to $355k and living areas typically between 923 and 1,024 sq ft.

5. How can I learn the exact price it last sold for?
The public data shows a range. You can request the exact sold price history directly from the source providing this data, typically by submitting an email request as noted on the details page.

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