485 Greene Avenue

Rossmere-B, Winnipeg

Property score

50.7

Fair

Overall 50.7 · Smaller and older than most nearby homes

806 sqft (bottom 10%) · Built in 1944 (11 yrs older than avg)

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, and 1 place of worship nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Below average

11 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

50.7 is composed by the two sections below.

Property Score

33.8Low
Living Area806 sqft32Low
Year Built194424Low
Lot Size4,194 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

below average
806 sqft
0255075100
Same streetBottom 13%Same areaBottom 10%CitywideBottom 9%
Same street · Greene Avenue
#263 / 301
Bottom 13% · Avg 1,033 sqft
Same area · Rossmere-B
#1,416 / 1,567
Bottom 10% · Avg 1,047 sqft
Citywide · Winnipeg
#176,116 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

around average
298k
0255075100
Same streetBottom 35%Same areaBottom 33%CitywideBottom 29%
Same street · Greene Avenue
#195 / 301
Bottom 35% · Avg 311.7k
Same area · Rossmere-B
#1,046 / 1,567
Bottom 33% · Avg 311.9k
Citywide · Winnipeg
#138,741 / 194,458
Bottom 29% · Avg 390.1k

Year Built

below average
1944
0255075100
Same streetBottom 16%Same areaBottom 9%CitywideBottom 21%

Lot Size

below average
4,194 sqft
0255075100
Same streetBottom 13%Same areaBottom 13%CitywideBottom 29%

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

485 Greene Avenue — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 493 m), 1 parks (nearest 313 m).

Search radius
🏫Education1
🌳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 5/2022CA$300k–350k
Sold price

Same street

Top 47%

Same area

Top 40%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 485 Greene Avenue, Winnipeg

Property Overview: 485 Greene Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 485 Greene Avenue in the Rossmere-B neighborhood is a classic, post-war bungalow built in 1944. Its key characteristic is its efficiency and affordability within a well-established community. With 806 square feet of living space and a 4,194 sqft lot, it is notably more compact than area averages, presenting a low-maintenance footprint.

The primary appeal lies in its value proposition. With a municipal assessed value of $298,000—below the Winnipeg average—it represents an accessible entry point into the detached housing market. It suits first-time buyers or investors seeking a straightforward property with lower ongoing tax and utility costs. The lot size, while smaller than the norm, offers manageable outdoor space. A thoughtful perspective for the right buyer is that a smaller, older home like this can offer greater flexibility for energy-efficient retrofits or a tailored renovation without the premium price of a larger, more modern structure.

Section 2: Frequently Asked Questions

1. How does the smaller size compare to nearby homes?
This home's living space (806 sqft) is approximately 20-25% smaller than the typical home in both the Rossmere-B neighborhood and on Greene Avenue itself, placing it in the smaller third of local properties.

2. Is the assessed value a reliable indicator of the likely selling price?
The 2022 recorded sale was between $300,000-$350,000, and the current assessment is $298,000. This suggests the assessment is closely aligned with recent market value, but a professional appraisal and market analysis are recommended for accuracy.

3. What does the 1944 build year mean for maintenance?
As one of the older homes on the street, proactive maintenance is key. Buyers should prioritize a thorough inspection focusing on the roof, foundation, plumbing, and electrical systems common to homes of this era.

4. How can I get exact historical sale prices for this property?
The page notes that precise MLS sale data is restricted. The site operator offers to provide accurate historical sale records manually via email upon request, free of marketing spam.

5. What are comparable homes in the area?
Recent nearby listings with similar assessed values include homes on Roberta, Leighton, and Hazel Dell Avenues, typically offering 900-1,100 sqft of space and built in the mid-1950s, providing useful benchmarks for size, age, and value.

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