515 Sharron Bay

Rossmere-A, Winnipeg

66.1

Good

Overall 66.1

Older than most nearby homes

1,036 sqft (bottom 36%)

Built in 1959 (5 yrs older than avg)

Located in a high-income area

with median household income of ~93k

Transit 80.0

4-min walk to transit with 3 nearby routes

Within 500m: 2 schools, 4 parks, and 1 place of worship nearby

Living Area

Below average

7% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 72%French · 3%

Past 10 years Rossmere-A sales snapshot (~80% of all data)

Sold Count

1,159

Median price

370k

$/sqft

$358/sqft

Avg build year

1964

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Property score

66.1 is composed by the two sections below.

Property Score

56.8Fair
Living Area1,036 sqft52Fair
Year Built195943Low
Lot Size8,226 sqft93Excellent
Neighbourhood Sales Activity61Fair

Community Score

80.1Excellent
Household Income82Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110724

Community deep dive

$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

Population, labour & age

Population (2021)528
Labour force participation rate72%
Median age36.0
Avg household size2.6
Unemployment rate3%
Population density2640 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households26%
Couple families with children31%
Median household income (2020)$93K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority7%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,036 sqft
0255075100
Same streetBottom 24%Same areaBottom 36%CitywideBottom 30%
Same street · Sharron Bay
#38 / 50
Bottom 24% · Avg 1,127 sqft
Same area · Rossmere-A
#2,012 / 3,143
Bottom 36% · Avg 1,116 sqft
Citywide · Winnipeg
#136,635 / 194,458
Bottom 30% · Avg 1,342 sqft

Tax-Assessed Value

Elite
401k
0255075100
Same streetTop 2%Same areaTop 7%CitywideTop 38%
Same street · Sharron Bay
#1 / 50
Top 2% · Avg 342.2k
Same area · Rossmere-A
#216 / 3,143
Top 7% · Avg 329.8k
Citywide · Winnipeg
#73,989 / 194,458
Top 38% · Avg 390.1k

Year Built

around average
1959
0255075100
Same streetBottom 36%Same areaBottom 30%CitywideBottom 40%

Lot Size

Elite
8,226 sqft
0255075100
Same streetTop 2%Same areaTop 5%CitywideTop 10%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

515 Sharron Bay — 7 amenities found within 500 m, across 3 categories, including 2 education (nearest 87 m), 4 parks (nearest 181 m).

Search radius
🏫Education2
🌳Parks4
Worship1

Crime & Safety

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%

Sales History

Sold 7/2022CA$500k–550k
Sold price

Same street

Top 4%

Same area

Top 1%

City-wide

Top 14%
Sold 1/2020CA$300k–350k
Sold price

Same street

Bottom 46%

Same area

Top 47%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 515 Sharron Bay, Winnipeg

Property Overview: 515 Sharron Bay, Winnipeg

Key Characteristics & Buyer Appeal

This home in Rossmere-A presents a compelling case based on its standout lot and strong valuation within its immediate area. The primary appeal lies in its exceptionally large, 8,226 sqft lot, which ranks in the top 2% on its street and top 5% in the neighborhood. This offers significant outdoor space and potential not typical for the area. While the living area (1,036 sqft) is modest and slightly below the street average, the property carries an assessed value of $401k, the highest on its street. This suggests perceived value may be driven by the land, specific updates, or its condition. The home was built in 1959, consistent with the area's vintage.

It would suit buyers who prioritize a larger yard for gardening, recreation, or future expansion over a large interior footprint. It's also a fit for those interested in a home that appears to be a high-performer on its block from an assessment perspective, potentially indicating good upkeep or desirable features not captured in square footage.

Frequently Asked Questions

1. Why is the assessed value so high relative to the home's size?
The assessed value is the highest among 50 comparable homes on the street. This often reflects factors like the premium lot size, significant renovations, superior condition, or desirable location features that aren't solely about square footage.

2. How does the lot size compare to typical Winnipeg homes?
The lot is substantially larger than average, ranking in the top 10% citywide. It's over 2,000 sqft larger than the average lot on its own street, offering a notable amount of private outdoor space.

3. What do the past sale prices indicate?
The home sold in July 2022 for an estimated $500k-$550k, which placed it in the top 1% of the neighborhood for sale price at that time. A previous sale in early 2020 was in the $300k-$350k range, showing significant appreciation in that period.

4. Is the living area a drawback?
At 1,036 sqft, the living area is below the street average. This means the home likely has a more compact or efficient layout. Buyers should consider if the space meets their needs, balanced against the benefit of the larger property lot.

5. What are comparable homes in the area like?
Nearby homes of similar vintage typically have living areas between 990 and 1,150 sqft and assessed values mostly in the $320k-$360k range. This highlights that 515 Sharron Bay's assessment is an outlier, likely due to the specific factors mentioned above.

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