Property score
61.1
Fair
Overall 61.1 · Newer than most nearby homes
1,072 sqft (top 48%) · Built in 1971 (7 yrs newer than avg)
Located in a above-average income area with median household income of ~73k
Transit 58.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Above average
7 yrs newer than neighborhood avg.
Mother tongue
English · 64%Punjabi · 4%
Past 10 years Rossmere-A sales snapshot (~80% of all data)
1,159
370k
$358/sqft
1964
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61.1 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: #46110729
$73K
Median household income
$79K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
22%
Single-person households
28%
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
553 Springfield Road — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 260 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 3% | Top 9% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This home at 553 Springfield Road in Winnipeg's Rossmere-A neighborhood presents a solid, middle-ground option in the market. Its key characteristic is balance: with 1,072 sqft of living space and a 1971 build year, it sits close to or slightly above averages for its immediate area. Its primary appeal lies in its established location on Springfield Road, where it holds a strong positional value—its tax assessment value ranks in the top 14% on its own street, suggesting it is viewed favorably compared to its direct neighbors.
The property would suit practical, value-conscious buyers such as first-time homeowners or downsizers looking for a manageable footprint in a mature neighborhood. It offers a sensible entry point into homeownership without the premium of a new build, and its lot size (5,099 sqft) is generous for the street, providing good outdoor space relative to nearby homes. A thoughtful perspective is that a 1971 home may have undergone significant updates, so its condition and modernizations will be a greater determinant of value than its raw statistics.
Frequently Asked Questions
1. How does this home’s value compare to recent sales in the area?
Based on available data, a nearby comparable home at 541 Springfield Road sold in July 2021 for an estimated $400,000-$450,000. The current tax assessment for 553 Springfield Road is $363,000. It's important to consult a real estate professional for a current market valuation, as prices have likely shifted since 2021.
2. Is the living space smaller than average?
It depends on the scope. At 1,072 sqft, it is larger than the average home on Springfield Road (946 sqft) but slightly below the average for the wider Rossmere-A community (1,116 sqft). It offers a comfortable size for a smaller household.
3. The home was built in 1971. What should I consider?
A home from this era may have original components, like windows, roofing, or major systems, nearing the end of their lifespan. A thorough inspection is crucial. On the positive side, it was built in a period known for solid construction in established neighborhoods, often on good-sized lots.
4. How does the tax assessment impact my potential costs?
The assessed value of $363,000 is used to calculate your property taxes. While it ranks highly on its street, it is just below the citywide average. Your actual tax bill will depend on the annual municipal tax rate, but this assessment provides a reliable baseline for budgeting.
5. Where can I find precise historical sale prices for this property?
The public data provided shows a price range. For exact sale history and prices, you must request the information directly from the source, as MLS data is not publicly displayed. The page offers an option to email a request for this verified data.
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