534 Springfield Road

Rossmere-A, Winnipeg

Property score

66.7

Good

Overall 66.7 · Newer than most nearby homes

1,080 sqft (top 46%) · Built in 1991 (27 yrs newer than avg)

Located in a high-income area with median household income of ~95k

Transit 58.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 1 school, 3 parks, and 1 place of worship nearby

Living Area

Near average

3% 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)

Sold Count

1,159

Median price

370k

$/sqft

$358/sqft

Avg build year

1964

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Property score

66.7 is composed by the two sections below.

Property Score

60.5Fair
Living Area1,080 sqft52Fair
Year Built199181Excellent
Lot Size5,438 sqft67Good
Neighbourhood Sales Activity61Fair

Community Score

76.0Good
Household Income83Excellent
Education Level44Low
Housing Stress93Excellent
Core Housing Need88Excellent
Employment Health76Good

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: #46111149

Community deep dive

$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

Population, labour & age

Population (2021)895
Labour force participation rate68%
Median age42.4
Avg household size2.5
Unemployment rate3%
Population density3196 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households20%
Couple families with children27%
Median household income (2020)$95K

Housing

Renter households2%
Condominium dwellings2%
Median dwelling value (owners)$310K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority17%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 73%
Mother tongue (2nd)Punjabi · 2%

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

Rankings

Living Area

above average
1,080 sqft
0255075100
Same streetTop 24%Same areaTop 46%CitywideBottom 37%
Same street · Springfield Road
#62 / 256
Top 24% · Avg 946 sqft
Same area · Rossmere-A
#1,440 / 3,143
Top 46% · Avg 1,116 sqft
Citywide · Winnipeg
#121,563 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

Elite
385k
0255075100
Same streetTop 5%Same areaTop 10%CitywideTop 42%
Same street · Springfield Road
#14 / 256
Top 5% · Avg 321.7k
Same area · Rossmere-A
#318 / 3,143
Top 10% · Avg 329.8k
Citywide · Winnipeg
#82,459 / 194,458
Top 42% · Avg 390.1k

Year Built

Elite
1991
0255075100
Same streetTop 11%Same areaTop 2%CitywideTop 22%

Lot Size

above average
5,438 sqft
0255075100
Same streetTop 9%Same areaBottom 39%CitywideTop 45%

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

534 Springfield Road — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 498 m), 3 parks (nearest 232 m).

Search radius
🏫Education1
🌳Parks3
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 10/2021CA$300k–350k
Sold price

Same street

Top 25%

Same area

Top 36%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 534 Springfield Road, Winnipeg

Property Overview: 534 Springfield Road, Winnipeg

Key Characteristics & Appeal

This home presents a compelling blend of above-average modern convenience and strong value within its immediate community. Built in 1991, it is notably newer than most homes in the Rossmere-A neighborhood, ranking in the top 2% locally for its year of construction. This suggests potentially fewer major age-related updates compared to neighboring properties.

Its primary appeal lies in its standout assessed value of $385,000, which ranks in the elite top 5% on its own street and top 10% in the neighborhood. This indicates it is perceived as a higher-value property within its direct peer group. The living area (1,080 sq ft) is comfortably above the street average, offering more space than many nearby homes, while the lot size is also above average for the street.

This property would suit buyers looking for a home that is a step above its immediate surroundings in terms of perceived value and modern build, without a city-wide premium price tag. It’s a practical choice for someone prioritizing a newer structure in a mature neighborhood and who values a strong position within the micro-market of their specific street.


Frequently Asked Questions

1. Why is the assessed value so high compared to other homes on the street?
The assessed value ranks in the top 5% for Springfield Road, significantly above the street average. This typically reflects a combination of the home's newer construction (1991), its above-average living area, and potentially superior condition, upgrades, or desirable lot features as evaluated for tax purposes.

2. How does the sold price history help determine current value?
The home sold between $300,000-$350,000 in late 2021. This historical data provides a benchmark, but current value is influenced by the more recent assessed value ($385k) and market changes since that sale. Comparing these figures is a starting point for understanding market appreciation.

3. What does "comparable homes" mean in these rankings?
The system groups homes with similar characteristics (like size, type, and location) for a fair comparison. So, this home isn't compared to all Winnipeg properties, but to a relevant subset, making its "above average" or "elite" rankings more meaningful against its true peers.

4. Is the lot size a positive or negative?
At 5,438 sq ft, the lot is above average for Springfield Road but closer to the neighborhood and city averages. It offers a solid outdoor space for a mature area, but may not be considered exceptionally large. It's a balanced lot for typical family use.

5. How reliable is the sold price data shown?
The site states sold prices are based on public internet data with limited verification and are not from the MLS. For fully verified figures and a complete transaction history, you must request a manual lookup from the site via email, as per their disclaimer.

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