Property score
64.8
Fair
Overall 64.8 · Newer than most nearby homes
1,011 sqft (bottom 31%) · Built in 1991 (27 yrs newer than avg)
Located in a high-income area with median household income of ~95k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Below average
9% smaller than neighborhood avg.
Year Built
Above average
27 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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64.8 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
506 Springfield Road — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 327 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 44% | Bottom 28% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 506 Springfield Road, Winnipeg
Key Characteristics & Appeal
This home at 506 Springfield Road in Rossmere-A presents a compelling mix of modern build quality and established neighborhood value. Built in 1991, its construction year is notably newer than most homes on its street and in the wider Rossmere-A area, ranking in the top 2% for the neighborhood. This suggests potentially fewer concerns with aging major systems and a layout that may align with more contemporary living preferences.
The 1,011 sqft living space is comfortably sized for the immediate area, fitting right around the neighborhood average. Its assessed value of $360k sits above average for both the street and Rossmere-A, indicating that official valuations recognize its relative standing. However, the lot size of 3,709 sqft is smaller than typical for the area, which may appeal to buyers seeking lower outdoor maintenance without sacrificing interior space.
This property would suit a practical buyer looking for a home that feels updated within a mature community. It’s ideal for someone who prioritizes a newer build date and efficient use of interior space over a large yard. The above-average assessment for the locale suggests it's a solid, value-holding asset within its specific market segment.
Frequently Asked Questions
1. How does the 1991 build date compare to nearby homes?
This home is significantly newer than most in Rossmere-A. The average build year for the neighborhood is 1964, making this property 27 years newer, which often translates to updated wiring, plumbing, and insulation standards.
2. The lot seems smaller than others. Is that a drawback?
It depends on your priorities. The lot is below average in size for the street, neighborhood, and city. This means less yard maintenance but also less private outdoor space. For buyers seeking a low-maintenance property or who prioritize interior condition over land, it can be a practical trade-off.
3. Why is the assessed value above the neighborhood average?
The above-average assessment likely reflects the combination of its newer construction year and its decent living area. Assessed value considers factors like age, size, and location, and the 1991 build date appears to be a significant positive contributor here.
4. What can the 2017 sale price range tell me?
The home last sold for an estimated $250k–$300k in mid-2017. This historical data provides a benchmark for past market value, but it does not reflect current market conditions or any improvements made since that sale.
5. How does the living area compare to a typical Winnipeg home?
At 1,011 sqft, the living area is below the Winnipeg citywide average of about 1,342 sqft for comparable homes. This confirms it as a more compact, manageable property suited for individuals, couples, or small families, rather than those needing extensive space.
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