563 Greene Avenue

Rossmere-B, Winnipeg

Property score

59.7

Fair

Overall 59.7 · Newer than most nearby homes

1,052 sqft (top 39%) · Built in 1956 (1 yr newer than avg)

Located in a high-income area with median household income of ~89k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Near average

0% larger than neighborhood avg.

Taon ng Paggawa

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 84%Chinese · 1%

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

59.7 is composed by the two sections below.

Property Score

49.6Low
Living Area1,052 sqft52Fair
Taon ng Paggawa195643Low
Lupa4,190 sqft53Fair
Neighbourhood Sales Activity37Low

Community Score

74.9Good
Household Income80Excellent
Education Level44Low
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health68Good

Istatistika ng benta ng komunidad

Rossmere-B

How to read: Share of sales in each ~$50k price band for “rossmere-b” (Detached na bahay (hindi 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: #46110701

Community deep dive

$89K

Median household income

$104K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

27%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)525
Labour force participation rate66%
Median age40.0
Avg household size2.4
Unemployment rate9%
Population density3500 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households27%
Couple families with children30%
Median household income (2020)$89K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority8%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 83%
Mother tongue (2nd)Chinese · 0%

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

Mga ranggo

Living Area

karaniwan
1,052 sqft
0255075100
Same streetTop 38%Same areaTop 39%CitywideBottom 34%
Same street · Greene Avenue
#113 / 301
Top 38% · Avg 1,033 sqft
Same area · Rossmere-B
#609 / 1,567
Top 39% · Avg 1,047 sqft
Citywide · Winnipeg
#129,083 / 194,458
Bottom 34% · Avg 1,342 sqft

Assessed Value

lampas sa average
359k
0255075100
Same streetTop 10%Same areaTop 10%CitywideBottom 49%
Same street · Greene Avenue
#30 / 301
Top 10% · Avg 311.7k
Same area · Rossmere-B
#153 / 1,567
Top 10% · Avg 311.9k
Citywide · Winnipeg
#98,457 / 194,458
Bottom 49% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1956
0255075100
Same streetTop 26%Same areaTop 29%CitywideBottom 36%

Lupa

mas mababa sa average
4,190 sqft
0255075100
Same streetBottom 12%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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

563 Greene Avenue — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 258 m), 2 parks (nearest 429 m).

Search radius
🏫Education1
🌳Parks2
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%

Kasaysayan ng Benta

Naibenta 7/2024CA$350k–400k
Presyo ng benta

Parehong kalye

Top 10%

Parehong lugar

Top 11%

Buong lungsod

Top 38%
Naibenta 11/2019CA$300k–350k
Presyo ng benta

Parehong kalye

Top 40%

Parehong lugar

Top 37%

Buong lungsod

Bottom 44%

Related homes

Mga tampok at karaniwang tanong: 563 Greene Avenue, Winnipeg

Property Overview: 563 Greene Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This Rossmere-B home, built in 1956, presents a solid, mid-century property with a practical footprint. Its key appeal lies in its balance of above-average valuation within a well-established neighborhood, paired with a manageable scale. At 1,052 sqft, the living space is very close to the area average, offering a comfortable size for smaller households. A notable strength is its assessed value for taxes ($359,000), which ranks in the top 10% for both its street and the broader Rossmere-B community, suggesting the property is viewed favorably relative to its immediate peers.

The lot size, at 4,190 sqft, is below average for the area, which translates to less yard maintenance—a potential upside for buyers seeking a lower-upkeep outdoor space. The home’s 2024 sale price indicates steady market demand and appreciation since its last sale in 2019.

This property would best suit first-time buyers, downsizers, or pragmatic investors looking for a stable entry into a mature Winnipeg neighborhood. It’s for those who prioritize value retention and community standing over expansive square footage or large lots. A thoughtful perspective is that its higher assessment within the local context could signal better-than-average finishes or updates for its vintage, or simply a premium location within the block, making a detailed interior inspection particularly valuable.

Section 2: Frequently Asked Questions

1. How does the below-average lot size impact this property?
While the lot is smaller than many in Rossmere-B, it offers easier maintenance and may result in lower landscaping costs and time commitment. It’s a practical trade-off that can be appealing for those not seeking extensive outdoor space.

2. The assessed value is in the top 10% for the area, but the home isn't the largest. Why?
A higher assessment relative to nearby homes often reflects factors beyond pure size, such as property condition, specific upgrades, a desirable position on the street, or outbuildings like a garage. It indicates the municipal assessor sees added value here.

3. What does the sale history tell us about the home's market performance?
The home sold between $350,000-$400,000 in 2024, up from the $300,000-$350,000 range in 2019. This shows consistent demand and price growth in line with or slightly exceeding broader market trends for similar properties.

4. Is a 1956-built home a concern?
The build year (1956) is newer than many on its street and in the community. While systems like plumbing, electrical, and the roof will require due diligence, the home is from an era of solid construction common in Winnipeg’s established neighborhoods.

5. Who are the most logical buyers for this specific home?
Given its size and layout, it’s an ideal match for first-time homeowners, empty-nesters looking to downsize, or an investor seeking a stable, single-family rental in a family-oriented community. Its scale is less suited for those needing multiple large bedrooms or extensive living areas.

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