65.0
Good
Property score
65.0
Good
Overall 65.0
Older than most nearby homes
1,014 sqft (bottom 32%)
Built in 1959 (5 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 80.0
5-min walk to transit with 3 nearby routes
Within 500m: 3 schools, 4 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
9% 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)
1,159
370k
$358/sqft
1964
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65.0 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: #46110724
$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
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
531 Sharron Bay — 8 amenities found within 500 m, across 3 categories, including 3 education (nearest 149 m), 4 parks (nearest 224 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 29% | Top 18% | Top 40% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 4% | Bottom 26% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 531 Sharron Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 531 Sharron Bay is a representative property in Winnipeg's Rossmere-A neighborhood, built in 1959. With 1,014 sqft of living space on a 6,045 sqft lot, it presents a classic, mid-century footprint. Its appeal lies in its established community setting and its position as a practical, no-surprises entry point into the Winnipeg housing market.
The data reveals a property that is consistently "close to average" within its immediate street and community for key metrics like assessed value ($336,000), build year, and lot size. Notably, the lot size is larger than many in Rossmere-A, ranking in the top 40% locally, which is a subtle advantage for outdoor space or future expansion. Conversely, the living area is modest, ranking below the averages for both the street and the wider city, indicating a compact, efficient layout rather than a spacious one.
This home would best suit first-time buyers or practical downsizers seeking an affordable, low-maintenance property in a mature neighborhood. Its value proposition is grounded in stability—it’s a home that tracks closely with its surroundings. A thoughtful perspective for a buyer is to see the "average" rankings not as a lack of standout features, but as a sign of predictability and lower risk, with recent sale history suggesting steady appreciation. The property’s true potential may be realized by someone willing to modernize the interior of a structurally sound post-war home on a decent-sized lot.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,014 sqft, the living space is below the average for both Sharron Bay Street and Winnipeg as a whole. It indicates a compact, efficiently designed home typical of its era, suitable for smaller households or those prioritizing lower utility and maintenance costs.
2. What does the assessed value tell me?
The city’s assessed value for taxes is $336,000, which is very close to the average for the street and community. This suggests the property is valued in line with its immediate peers and is unlikely to be an outlier in terms of property tax burden relative to nearby homes.
3. Is the lot a good size?
Yes. The 6,045 sqft lot is a key strength, ranking above average within the Rossmere-A community. It offers more usable outdoor space than many comparable properties in the area, which is a valuable asset.
4. What can past sale prices indicate?
The home sold in the $350,000-$400,000 range in mid-2022, which was in the top 29% for the street at that time. A previous sale in 2017 was between $250,000-$300,000. This history indicates significant appreciation over that period, aligning with broader market trends.
5. How can I get precise historical sale data?
The precise sale price is not publicly displayed due to industry restrictions. The site offers to provide the exact data via a manual email service upon request, promising a reply by the end of the same day without using your email for marketing.
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