Property Overview: 528 Springfield Road, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 528 Springfield Road in the Rossmere-A neighborhood presents a solid, above-average offering within its local context. Built in 1989, it is notably newer than most homes in the area, suggesting potentially fewer concerns with aging infrastructure compared to the neighborhood's average build year of 1964. With 1,080 sqft of living space, it is comfortably sized for the street and community, though slightly below the city-wide average.

The property’s primary appeal lies in its strong financial positioning and desirable lot. The municipal tax assessment of $394,000 ranks in the top 5% on its street and top 8% in Rossmere-A, indicating that the city assesses its value significantly higher than many direct neighbors. This often reflects favorable attributes like condition, improvements, or location. The lot size of 5,438 sqft is also generous for the area, offering good outdoor space.

This home would suit practical buyers looking for a well-regarded, established property in a mature neighborhood without the maintenance demands of an older vintage. It’s ideal for someone who values a newer construction date within a classic community and appreciates a property that holds a premium assessed value on its block—a sign of good standing. The data suggests it’s less suited for those seeking a very large interior space by city standards or the absolute largest lot.

Section 2: Frequently Asked Questions

1. What does a high tax assessment relative to the neighborhood actually mean?
A higher-than-average assessment typically means the municipal property valuation is robust compared to nearby homes. This can be due to factors like recent updates, better overall condition, or a premium lot location. While it suggests good market standing, it's important to note that it may also result in a proportionally higher property tax bill.

2. How recent is the sale history, and why is the exact price not shown?
The last recorded sale was in September 2022, with a price range between $400,000 and $450,000. Precise sale prices are not publicly displayed due to industry data restrictions. The website offers a manual service where you can request the exact historical data via email.

3. The home is newer than most in Rossmere-A. What are the pros and cons of a 1989 build?
The 1989 build year is a significant advantage, likely meaning more modern wiring, plumbing, and insulation standards than the many 1960s-70s homes in the area. However, it may also mean the home is due for its first major cycle of updates (e.g., roof, windows, appliances) that often come around the 30-year mark.

4. How does the living space compare to nearby homes?
At 1,080 sqft, the home is larger than the average house on Springfield Road (~946 sqft) and very close to the Rossmere-A average (~1,116 sqft). It provides a comfortable size relative to its immediate surroundings, though some nearby comparables are slightly larger.

5. The lot is above average for the street but close to average for the community. What does this indicate?
This suggests the lot is a good size for its specific location on Springfield Road. For the broader Rossmere-A area, it is typical. This means you get better-than-standard outdoor space on that particular block, which is a localized advantage.