71.9
Good
Property score
71.9
Good
Overall 71.9
Larger than most nearby homes
1,344 sqft (top 11%)
Built in 1960 (4 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 80.0
5-min walk to transit with 3 nearby routes
Within 500m: 3 schools, 5 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
20% larger than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 72%French · 3%
Past 10 years Rossmere-A sales snapshot (~80% of all data)
1,159
370k
$358/sqft
1964
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71.9 is composed by the two sections below.
Property Score
Community Score
Rossmere-A
How to read: Share of sales in each ~$50k price band for “rossmere-a” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110724
$93K
Median household income
$105K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
26%
Single-person households
31%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
488 Sharron Bay — 9 amenities found within 500 m, across 3 categories, including 3 education (nearest 94 m), 5 parks (nearest 218 m).
Rossmere-A · WPS public data · 2026
Annual incidents
81
2026
vs. city avg
+175%
relative to avg
Year-over-year
▼ -90%
vs. prior year
Primary type
Property
67%
Local garbage, recycling, and yard waste pickup schedule for 488 Sharron Bay.
Garbage
monday
Recycling
monday
Yard Waste
monday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 14% | Top 11% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 488 Sharron Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 488 Sharron Bay in the Rossmere-A neighborhood presents a solid, value-oriented opportunity in Winnipeg. Its key characteristic is balance: it offers above-average living space (1,344 sq ft) for both its immediate street and wider community, sitting comfortably ahead of most comparable homes in the area. The lot size is also generous, providing good outdoor space relative to the community average.
The appeal lies in its established location and practical footprint. Built in 1960, it is a quintessential example of the neighborhood's vintage, potentially appealing to those who appreciate the build quality and character of that era. From a financial perspective, its municipal tax assessment is notably lower than the street average, which could indicate a relative tax advantage or an opportunity for value appreciation.
This property would suit pragmatic buyers looking for a spacious, established home in a mature neighborhood without a premium price tag. It's ideal for first-time homeowners or downsizers who need more room than a condo offers but are mindful of ongoing costs. The data suggests it's a "middle-of-the-road" property in the broader Winnipeg market, making it a sensible, grounded choice rather than a luxury purchase.
Section 2: Frequently Asked Questions
1. How does this home's size compare to its neighbors?
Very favorably. With 1,344 sq ft of living space, it ranks in the top 10% on its street and top 11% within the Rossmere-A community, meaning it is significantly more spacious than most direct comparable homes.
2. What does the tax assessment value tell me?
The home's assessed value for taxes ($324,000) is below the average for its street. This could mean its municipal tax bill is relatively lower than neighbors', but it's also a key figure to compare against the asking price to gauge market value.
3. The home was built in 1960. Is that a concern?
The age is typical for the area. The data shows it's actually one of the newer homes on its specific street (ranking in the top 4%). While modern systems may be needed, its age is consistent with the neighborhood's established character.
4. What is known about previous sale prices?
Public data indicates a sale occurred in September 2021 within the $400,000-$450,000 range. For precise historical sale figures, the listing source offers a manual lookup service via email.
5. Is the lot a good size?
Yes. At just over 6,000 sq ft, the lot is larger than most in the Rossmere-A community (ranking in the top 33%) and above the Winnipeg average, offering good outdoor space for a home of this vintage.
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