Property score
51.2
Fair
Overall 51.2 · Smaller but newer than most nearby homes
696 sqft (bottom 3%) · Built in 1989 (25 yrs newer than avg)
Located in a high-income area with median household income of ~95k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 parks, 1 sports facility, and 1 place of worship nearby
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Above average
25 yrs newer than neighborhood avg.
Mother tongue
English · 74%Punjabi · 2%
Past 10 years Rossmere-A sales snapshot (~80% of all data)
1,159
370k
$358/sqft
1964
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51.2 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: #46111149
$95K
Median household income
$98K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
20%
Single-person households
27%
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
490 Springfield Road — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 285 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 7% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
490 Springfield Road presents a practical opportunity in Winnipeg's Rossmere-A neighborhood. Built in 1989, it is a notably newer home compared to most in the area. With 696 square feet of living space and a 3,709 square foot lot, it is compact relative to its neighbors and the wider city. Its current assessed value is $294k, which sits below local averages. The home last sold in mid-2019 for an estimated $200k–$250k.
Key Characteristics & Appeal
This property’s primary appeal lies in its modern build date within an established neighborhood, potentially offering updated infrastructure and fewer immediate repair concerns than older stock. Its below-average size and value make it one of the more accessible entry points into homeownership in the area. The appeal is grounded in practicality rather than luxury, suiting first-time buyers, downsizers, or investors seeking a lower-priced holding. A thoughtful perspective is that its smaller footprint can mean lower utility costs and less maintenance, aligning with a simpler, more efficient lifestyle. However, buyers should be prepared for a home that is modest in both space and lot size compared to nearby properties.
1. Why is the assessed value below neighborhood and city averages?
The assessed value reflects the home's smaller living area and lot size relative to comparable properties. It is priced for its specific attributes, not the neighborhood as a whole.
2. What does the "Elite" ranking for its build year in the neighborhood mean?
It means this home, built in 1989, is significantly newer than most homes in Rossmere-A, where the average build year is 1964. This suggests potentially newer major systems like plumbing, electrical, and roofing.
3. How does the smaller lot size impact the property?
The 3,709 sqft lot is below average for the street and city. This typically means a smaller yard, which could be a pro for low-maintenance living or a con for those desiring more outdoor space.
4. The home sold in 2019. What can that price history indicate?
The prior sale price range suggests the property has been an affordable option for some time. It can provide context for market trends, but the current value is set by the most recent municipal assessment.
5. Who would this property suit best?
It is best suited for budget-conscious buyers, such as first-time purchasers or investors, who prioritize a newer build year and lower entry cost over square footage and lot size. Its scale may not fit growing families needing more space.
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