Property score
68.0
Good
Overall 68.0 · Newer than most nearby homes
1,119 sqft (top 39%) · Built in 1990 (26 yrs newer than avg)
Located in a high-income area with median household income of ~95k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Near average
0% larger than neighborhood avg.
Year Built
Above average
26 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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68.0 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
500 Springfield Road — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 309 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 | Top 31% | Top 46% | Bottom 43% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 34% | Bottom 22% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 500 Springfield Road in Winnipeg's Rossmere-A neighborhood presents a solid, above-average offering in several key areas. Built in 1990, it is notably newer than most homes in its immediate area and across the wider neighborhood, which is a significant advantage for maintenance and modern systems. With 1,119 square feet of living space, it is larger than most comparable homes on its street and aligns with the neighborhood average. Its assessed value of $375,000 ranks well above average for both the street and the Rossmere-A area, suggesting it is perceived as a premium property within its local context. The lot size of 4,294 sqft is more compact than many in the neighborhood, which may appeal to those seeking lower yard maintenance.
Key Characteristics & Appeal
The primary appeal of this property lies in its combination of a newer build date and above-average size and valuation for its location. It suits buyers looking for a home that likely requires less immediate updating compared to the older housing stock common in Rossmere-A, while still offering decent interior space. It’s a practical choice for someone who wants a move-in-ready property in an established neighborhood without taking on a major renovation project. A less obvious perspective is that its higher assessed value relative to nearby homes could indicate better-than-average finishes or additions, but it also sets a higher baseline for property taxes. The compact lot might be seen as a drawback for some, but for others, it represents less weekend work and a more efficient use of outdoor space.
This home would likely suit first-time buyers or small families who prioritize a modernized home structure over a large yard. It also appeals to value-conscious buyers who understand that a newer build can translate to lower near-term repair costs, even if the purchase price is at a premium compared to older neighbors.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home last sold in June 2020 for an estimated $300k–$350k. The current assessed value of $375k is higher, reflecting market changes and possible improvements since that last sale.
2. Is the lot size a disadvantage?
The lot is smaller than the neighborhood average. This means less yard for gardening or play, but also lower maintenance. It’s a trade-off that depends on the buyer’s lifestyle.
3. What does the "elite" ranking for its build year mean?
Ranking in the top 3% for its build year in Rossmere-A means this 1990 home is significantly newer than almost all (97%) of comparable homes in the neighborhood, a key point for longevity and modern building standards.
4. Why is the assessed value so much higher than on my street?
The assessed value of $375k ranks in the top 14% for the neighborhood and top 8% on its own street. This suggests specific attributes—like its newer age, size, condition, or upgrades—place it at the higher end of the local market.
5. Can I see how this house compares to others on a map?
Yes, a detailed neighborhood analysis map is available to visually compare this property with nearby homes based on year built, living area, assessed value, and lot size.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
