207 Greenwood Avenue

Vista, Winnipeg

Property score

62.3

Fair

Overall 62.3 · Smaller than most nearby homes

950 sqft (bottom 27%) · Built in 1973 (1 yr older than avg)

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

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 1 healthcare facility, 2 shops, and 3 parks nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Near average

1 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

62.3 is composed by the two sections below.

Property Score

52.6Fair
Living Area950 sqft42Low
Year Built197358Fair
Lot Size8,431 sqft93Excellent
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
950 sqft
0255075100
Same streetBottom 24%Same areaBottom 27%CitywideBottom 21%
Same street · Greenwood Avenue
#167 / 220
Bottom 24% · Avg 1,263 sqft
Same area · Vista
#365 / 502
Bottom 27% · Avg 1,120 sqft
Citywide · Winnipeg
#153,176 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
393k
0255075100
Same streetTop 26%Same areaTop 32%CitywideTop 40%
Same street · Greenwood Avenue
#57 / 220
Top 26% · Avg 360.6k
Same area · Vista
#160 / 502
Top 32% · Avg 379.9k
Citywide · Winnipeg
#78,073 / 194,458
Top 40% · Avg 390.1k

Year Built

above average
1973
0255075100
Same streetTop 26%Same areaBottom 49%CitywideTop 43%

Lot Size

Elite
8,431 sqft
0255075100
Same streetTop 1%Same areaTop 9%CitywideTop 10%

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

207 Greenwood Avenue — 11 amenities found within 500 m, across 6 categories, including 3 dining (nearest 417 m), 1 healthcare (nearest 442 m), 2 shopping (nearest 259 m).

Search radius
🍽️Dining3
🏥Healthcare1
🛒Shopping2
🌳Parks3
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 3/2025CA$400k–450k
Sold price

Same street

Top 25%

Same area

Top 24%

City-wide

Top 33%

Related homes

Highlights & common questions: 207 Greenwood Avenue, Winnipeg

Property Overview: 207 Greenwood Avenue, Winnipeg

Key Characteristics & Target Buyer

This home presents a distinct value proposition centered on its exceptional outdoor space. Its key characteristic is a very large, private lot of over 8,400 sq ft, which ranks in the top 1% on its street and the top 10% city-wide. This offers significant potential for gardening, recreation, or future expansion. The living space (950 sq ft) is modest and below local averages, suggesting a practical, efficient layout rather than expansiveness. Built in 1973, the house is newer than many on its street, which may imply updated systems or components.

The appeal lies in a trade-off: you acquire a premium-sized property in a mature neighborhood for a price point that is competitive and close to city-wide averages for assessed value. It suits a buyer who prioritizes land over square footage—perhaps a first-time homeowner looking for outdoor room to grow, a downsizer wanting a manageable home with a generous garden, or an investor seeing long-term value in the lot size itself. It’s a property for those who value potential and space more than immediate, move-in-ready grandeur.


Frequently Asked Questions

1. Is the house too small given the below-average living area?
While the 950 sq ft living area is below the averages for the street, neighborhood, and city, it represents a compact and efficient footprint. This can mean lower utility costs and less maintenance, focusing the property's value on the substantial land.

2. The assessed value is above average for the street. Does that mean it's overpriced?
Not necessarily. The higher assessment likely reflects the combined value of the dwelling and, crucially, the significantly larger-than-average lot. It suggests the property is viewed as a premium offering on its street.

3. What are the implications of the 1973 build year?
Being newer than the street average (1950) is generally positive, potentially indicating newer wiring, plumbing, or insulation standards than much older homes. However, a 50-year-old home will still require a thorough inspection for age-related updates.

4. How meaningful is a lot size ranking in the "top 1% on the street"?
It’s a standout feature. It means this property offers a level of outdoor privacy and space that is extremely rare on Greenwood Avenue itself, which is typically composed of standard-sized lots.

5. Who might this property not suit?
It may not suit buyers seeking a large, modern interior or who prefer a low-maintenance, small-yard lifestyle. The value here is unlocked by someone willing to utilize or appreciate the extensive land.

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