71.9
Good
Property score
71.9
Good
Overall 71.9
Larger than most nearby homes
1,280 sqft (top 15%)
Built in 1960 (4 yrs older than avg)
Located in a high-income area
with median household income of ~105k
Transit 100.0
1-min walk to transit with 5 nearby routes
Within 500m: 1 dining spot, 2 schools, 2 shops, and 7 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 73%Tagalog · 4%
Past 10 years Rossmere-A sales snapshot (~80% of all data)
1,159
370k
$358/sqft
1964
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71.9 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: #46110722
$105K
Median household income
$129K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
25%
Single-person households
30%
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
7 Lerwick Bay — 15 amenities found within 500 m, across 7 categories, including 1 dining (nearest 500 m), 2 education (nearest 445 m), 2 shopping (nearest 437 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%
Local garbage, recycling, and yard waste pickup schedule for 7 Lerwick Bay.
Garbage
monday
Recycling
monday
Yard Waste
monday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Top 13% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Lerwick Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 7 Lerwick Bay in the Rossmere-A neighborhood presents a solid, mid-century property with balanced metrics. Built in 1960, its 1,280 sqft living area and $362,000 assessed value are both very close to the Winnipeg averages, indicating a typical, manageable family home. The standout feature is its 6,929 sqft lot, which is notably larger than most in both the community (top 12%) and the city (top 18%), offering valuable outdoor space.
The appeal lies in its established neighborhood setting and proportional balance. It’s not an outlier in any category but offers a well-sized lot in a community where that is a premium. It suits practical buyers looking for a home without extreme peaks or valleys in its profile—perhaps first-time homeowners seeking room to grow, or downsizers wanting a manageable house with a generous yard. A thoughtful perspective is that its "average" size and value relative to the city might translate to lower renovation and utility costs compared to larger, older character homes, while the lot size provides a long-term asset that is increasingly scarce.
Section 2: Frequently Asked Questions
1. How does this home compare to others on its street?
On Lerwick Bay itself, the home is middle-of-the-road. Its living area and assessed value rank 4th out of 7 homes, while its lot size is slightly below the street's average. It is a very typical home for this specific street.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($362,000) is for tax purposes. Market conditions ultimately determine sale price. Notably, a nearby, very similar home at 8 Kirkwall Crescent has a nearly identical assessment ($360,000), which can serve as a useful benchmark.
3. What does the lot size ranking actually mean for me?
While the lot is smaller than others on Lerwick Bay, it is significantly larger than typical lots in the broader Rossmere-A community. This means you likely get more private outdoor space than many of your neighbors in the area, which is a key advantage.
4. The home was built in 1960. What should I consider?
A home of this age will likely have had several updates over the decades. A thorough inspection is essential to understand the current condition of major systems like plumbing, electrical, and the foundation, and to identify any original features that may need modernization.
5. How can I find out the exact historical sale price?
The page indicates that precise sale history is not publicly displayed due to industry restrictions. You are directed to contact the site operator via email to request this information manually, which they promise to provide without marketing spam.
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