176 Greenwood Avenue

Vista, Winnipeg

Property score

56.3

Fair

Overall 56.3 · Smaller and older than most nearby homes

896 sqft (bottom 16%) · Built in 1971 (3 yrs older than avg)

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

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 1 healthcare facility, 2 shops, and 2 parks nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 62%French · 8%

Past 10 years Vista sales snapshot (~80% of all data)

Sold Count

166

Median price

402.9k

$/sqft

$420/sqft

Avg build year

1974

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Property score

56.3 is composed by the two sections below.

Property Score

42.7Low
Living Area896 sqft32Low
Year Built197158Fair
Lot Size5,199 sqft67Good
Neighbourhood Sales Activity37Low

Community Score

76.8Good
Household Income80Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

Vista

How to read: Share of sales in each ~$50k price band for “vista” (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: #46111004

Community deep dive

$89K

Median household income

$90K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

18%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)460
Labour force participation rate58%
Median age40.8
Avg household size2.8
Unemployment rate5%
Population density938 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children24%
Median household income (2020)$89K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority20%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 61%
Mother tongue (2nd)French · 7%

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

Rankings

Living Area

below average
896 sqft
0255075100
Same streetBottom 18%Same areaBottom 16%CitywideBottom 16%
Same street · Greenwood Avenue
#180 / 220
Bottom 18% · Avg 1,263 sqft
Same area · Vista
#424 / 502
Bottom 16% · Avg 1,120 sqft
Citywide · Winnipeg
#163,345 / 194,458
Bottom 16% · Avg 1,342 sqft

Tax-Assessed Value

around average
381k
0255075100
Same streetTop 40%Same areaTop 44%CitywideTop 44%
Same street · Greenwood Avenue
#87 / 220
Top 40% · Avg 360.6k
Same area · Vista
#221 / 502
Top 44% · Avg 379.9k
Citywide · Winnipeg
#84,777 / 194,458
Top 44% · Avg 390.1k

Year Built

around average
1971
0255075100
Same streetTop 47%Same areaBottom 21%CitywideTop 47%

Lot Size

above average
5,199 sqft
0255075100
Same streetTop 25%Same areaBottom 44%CitywideTop 50%

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

176 Greenwood Avenue — 10 amenities found within 500 m, across 6 categories, including 3 dining (nearest 372 m), 1 healthcare (nearest 360 m), 2 shopping (nearest 268 m).

Search radius
🍽️Dining3
🏥Healthcare1
🛒Shopping2
🌳Parks2
Fuel Stations1
🏛️Government1

Crime & Safety

Vista · WPS public data · 2026

Annual incidents

1

2026

vs. city avg

-97%

relative to avg

Year-over-year

-98%

vs. prior year

Primary type

Property

100%

Full crime data for Vista →Winnipeg crime overview →

Sales History

Sold 8/2023CA$400k–450k
Sold price

Same street

Top 20%

Same area

Top 22%

City-wide

Top 32%
Sold 10/2020CA$300k–350k
Sold price

Same street

Top 48%

Same area

Bottom 44%

City-wide

Bottom 49%
Sold 7/2017CA$250k–300k
Sold price

Same street

Bottom 27%

Same area

Bottom 18%

City-wide

Bottom 35%

Related homes

Highlights & common questions: 176 Greenwood Avenue, Winnipeg

Property Overview

176 Greenwood Avenue is a well-situated home that presents a specific value proposition. Its key appeal lies in its generous lot size within a mature neighborhood, offering potential for expansion or outdoor enjoyment that is increasingly rare. While the living space is modest compared to area averages, the property’s assessed value is firmly in line with the market, suggesting a fair entry point into the Vista neighborhood of Winnipeg.

Key Characteristics & Ideal Buyer
This 1971-built bungalow sits on a 5,199 sqft lot, which is notably larger than most on Greenwood Avenue itself. The home’s 896 sqft living area is compact, ranking below local and city averages. This creates a distinct dynamic: the land asset is strong, while the existing structure is efficient. The assessed value of $381k is consistently "around average" at every comparison level, indicating the property is priced appropriately for its overall package.

Its appeal is for the practical-minded buyer who sees potential beyond the current floor plan. It would suit a first-time buyer looking for a manageable home with room to grow outdoors, or an investor/renovator who values the lot size as the primary asset for future expansion, a garden, or addition. It’s less suited for those seeking immediate move-in-ready, spacious square footage.

Frequently Asked Questions

1. Is the house too small?
The living area is below the average for the street, neighborhood, and city. It’s a compact layout best for individuals, couples, or small families comfortable with efficient living, or for those planning a future renovation to expand.

2. Why is the assessed value average if the house is smaller?
The assessment reflects the total property value, where the above-average lot size on a desirable street compensates. It indicates you are paying primarily for location and land, with the existing house at this price point.

3. What does the lot size actually offer?
Ranking in the top 25% on its street, the lot provides valuable outdoor space for recreation, gardening, or storage. For the right buyer, it also represents long-term potential for an addition, garage, or laneway house, subject to zoning.

4. How does the 1971 build year affect things?
It’s around average for the city. This typically means modern wiring and plumbing foundations may be present, but systems like the roof, windows, or furnace could be nearing or due for updates, which should be factored into inspection and budgeting.

5. Is this a good investment for the neighborhood?
The property sits in a stable, established area where values track consistently with city averages. Its value growth would likely depend more on future improvements to the structure itself, given the land is already a strong component.

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