Property score
54.3
Fair
Overall 54.3 · Smaller but newer than most nearby homes
795 sqft (bottom 6%) · 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, and 1 place of worship nearby
Living Area
Below average
29% 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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54.3 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
492 Springfield Road — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 289 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%
492 Springfield Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 492 Springfield Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 492 Springfield Road in the Rossmere-A neighborhood presents a practical and efficient housing option. Its key characteristic is its modern build year (1989), which is notably newer than most homes in the area, potentially suggesting updated infrastructure and fewer immediate major repairs compared to older stock. With a living area of 795 sq ft, it is a compact property, ranking below the average size for its street, neighborhood, and the city. This positions it as a manageable, low-maintenance space.
The appeal lies in its balance. The property's tax assessment value is firmly in the middle range for the area, indicating a stable, average valuation without premium pricing. The lot size is also close to the city average, offering adequate outdoor space without the burden of extensive upkeep. It suits first-time homebuyers or downsizers seeking an affordable entry into the Winnipeg market with a home that is relatively modern. It’s also a sensible fit for investors looking for a straightforward rental property with a newer build date that may appeal to tenants. A less obvious perspective is that its smaller size and average valuation could represent a lower financial risk and property tax burden, allowing owners to invest more in personalized updates over time.
Section 2: Frequently Asked Questions
1. How does the 1989 build year compare to nearby homes?
This home is significantly newer than the Rossmere-A neighborhood average (1964), ranking in the top 3% for its age in the community. On its street and city-wide, it also ranks above average, suggesting it is one of the more recently built properties in the area.
2. Is the living space considered small?
Yes. At 795 sq ft, the living area is below the average for the immediate street (946 sq ft), the Rossmere-A neighborhood (1,116 sq ft), and Winnipeg overall (1,342 sq ft). It is a compact home suited for efficient living.
3. What does the tax assessment value tell me about the property?
The assessed value of $322,000 is very close to the average for Springfield Road and the Rossmere-A area. City-wide, it sits just below the average, indicating the property is valued consistently with its local market, not as a premium nor a budget outlier.
4. Are there recent sale prices available for this home?
Based on the provided data, there is no publicly listed transaction history for this specific address in the current system. For absolute accuracy, the source recommends contacting them directly to request a manual search for all sale records.
5. How does the lot size compare?
The lot of 4,294 sq ft is close to the average size across Winnipeg. It is slightly below the average for Springfield Road and the Rossmere-A neighborhood, but is not an unusually small parcel.
