518 Sharron Bay

Rossmere-A, Winnipeg

65.0

Good

Overall 65.0

Older than most nearby homes

1,038 sqft (bottom 37%)

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, 5 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

65.0 is composed by the two sections below.

Property Score

55.0Fair
Living Area1,038 sqft52Fair
Year Built195943Low
Lot Size6,047 sqft81Excellent
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
1,038 sqft
0255075100
Same streetBottom 30%Same areaBottom 37%CitywideBottom 30%
Same street · Sharron Bay
#35 / 50
Bottom 30% · Avg 1,127 sqft
Same area · Rossmere-A
#1,995 / 3,143
Bottom 37% · Avg 1,116 sqft
Citywide · Winnipeg
#136,159 / 194,458
Bottom 30% · Avg 1,342 sqft

Tax-Assessed Value

around average
340k
0255075100
Same streetTop 50%Same areaTop 38%CitywideBottom 43%
Same street · Sharron Bay
#25 / 50
Top 50% · Avg 342.2k
Same area · Rossmere-A
#1,179 / 3,143
Top 38% · Avg 329.8k
Citywide · Winnipeg
#111,544 / 194,458
Bottom 43% · Avg 390.1k

Year Built

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

Lot Size

above average
6,047 sqft
0255075100
Same streetTop 26%Same areaTop 33%CitywideTop 30%

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

518 Sharron Bay — 8 amenities found within 500 m, across 3 categories, including 2 education (nearest 89 m), 5 parks (nearest 218 m).

Search radius
🏫Education2
🌳Parks5
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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 518 Sharron Bay.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday b

Sales History

Sold 5/2022CA$350k–400k
Sold price

Same street

Top 25%

Same area

Top 18%

City-wide

Top 39%

Related homes

Highlights & common questions: 518 Sharron Bay, Winnipeg

Property Overview & Appeal

This home at 518 Sharron Bay in Winnipeg's Rossmere-A neighborhood presents a solid, middle-of-the-road opportunity. Built in 1959, its 1,038 sqft living area and $340k assessed value are consistently "around average" when compared to its immediate street, the broader neighborhood, and the city as a whole. Its standout characteristic is the 6,047 sqft lot, which ranks above average for both the street and the city, offering more outdoor space than many comparable properties.

The appeal lies in its stability and predictability. It’s not an outlier in any category, which can be reassuring for buyers seeking a home that aligns with established neighborhood norms without surprises. It last sold in mid-2022 for an estimated $350k–400k, suggesting a stable market history. This property would suit a first-time buyer or a downsizer looking for a manageable, traditionally-sized home in a mature neighborhood, with the added benefit of a larger-than-average yard for gardening, play, or future expansion.

Frequently Asked Questions

1. How does this home's value compare to recent sales?
The assessed value is $340k. Based on public data, it sold for an estimated $350k–400k in May 2022. Nearby comparable homes from the same era have recent assessed values ranging from approximately $308k to $434k.

2. Is the lot size a significant advantage?
Yes. While the house itself is average in size, the lot ranks in the top 30% citywide. This provides more private outdoor space than many homes, which is a valued and less flexible feature in established neighborhoods.

3. What does "around average" in the rankings mean for a buyer?
It indicates the property is typical for the area. This can be positive, as it suggests the home is unlikely to be over-improved or under-improved relative to its surroundings, which helps protect its value and makes financing and appraisal straightforward.

4. Are there any obvious red flags from this data?
The data itself shows no extreme outliers. The home's age (1959) is typical for the area. A thoughtful buyer would use this data as a starting point and investigate the specific condition of the roof, windows, and major mechanical systems common to houses of this vintage.

5. How does the neighborhood compare to the wider city?
For similar homes, the Rossmere-A neighborhood average living area is slightly smaller and the average assessed value is notably lower ($329.8k vs. $390.1k citywide). This suggests the area may offer more affordable space, though the specific home's value is closer to the city average.

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