65.0
Good
Property score
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: 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
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)
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
551 Sharron Bay — 8 amenities found within 500 m, across 3 categories, including 3 education (nearest 229 m), 4 parks (nearest 289 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 21% | Top 16% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 551 Sharron Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This Rossmere-A home, built in 1959, presents a solid, grounded opportunity in the Winnipeg market. Its key appeal lies in its balance and established neighborhood context, rather than standout size or modernity. The 1,038 sqft living space is consistently "around average" for its street, neighborhood, and city, indicating a comfortable, typical layout for the area.
The property’s strengths are its generous 6,048 sqft lot—ranking in the top 20-30% across all comparison levels—and an assessed value that sits above average for its immediate surroundings. This suggests a well-regarded position on the street and a land value that may offer future potential. The home last sold between $350k-$400k in late 2024, a price point that performed well against local and area averages.
This home would suit a practical buyer seeking an established, no-surprises neighborhood. It’s ideal for someone who values a larger-than-average yard in a mature community over a recently renovated interior. It represents a classic Winnipeg trade-off: choosing a premium lot size and stable location in a post-war era home, likely appealing to first-time homeowners, downsizers, or long-term investors comfortable with the maintenance profile of a 65-year-old property.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the market price?
The assessed value of $349k is above the local averages, which often reflects the municipality's view of the property's worth relative to its neighbors. However, the recent sold price range ($350k-$400k) is the more direct market indicator. The fact that the sold price landed in a range above the assessment suggests competitive interest.
2. How does the lot size compare, and why does it matter?
The lot is a key feature, ranking in the top 20% on its street. At over 6,000 sqft, it provides significant outdoor space—a notable advantage for gardening, recreation, or future expansion—in a neighborhood where lots are typically smaller.
3. The home is older; what should I consider?
Built in 1959, the home is typical for Rossmere-A. Prospective buyers should prioritize a thorough inspection focusing on aging core components like the roof, foundation, plumbing, and electrical systems, which may need updates or have specific maintenance histories.
4. How does this property rank for investment or resale?
Its "around average" living area and "above average" lot create a specific profile. It may attract buyers seeking yard space, but its resale appeal could depend more on overall condition and updates than on its inherent size. Its stable performance against area sold price averages indicates a reliable, if not explosive, value proposition.
5. Where can I get verified sale history and exact past prices?
The provided sold price is an estimated range from public data. For fully verified transaction history and exact figures, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.
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