488 Sharron Bay

Property Overview: 488 Sharron Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 488 Sharron Bay in the Rossmere-A neighborhood presents a solid, value-oriented opportunity in Winnipeg. Its key characteristic is balance: it offers above-average living space (1,344 sq ft) for both its immediate street and wider community, sitting comfortably ahead of most comparable homes in the area. The lot size is also generous, providing good outdoor space relative to the community average.

The appeal lies in its established location and practical footprint. Built in 1960, it is a quintessential example of the neighborhood's vintage, potentially appealing to those who appreciate the build quality and character of that era. From a financial perspective, its municipal tax assessment is notably lower than the street average, which could indicate a relative tax advantage or an opportunity for value appreciation.

This property would suit pragmatic buyers looking for a spacious, established home in a mature neighborhood without a premium price tag. It's ideal for first-time homeowners or downsizers who need more room than a condo offers but are mindful of ongoing costs. The data suggests it's a "middle-of-the-road" property in the broader Winnipeg market, making it a sensible, grounded choice rather than a luxury purchase.

Section 2: Frequently Asked Questions

1. How does this home's size compare to its neighbors?
Very favorably. With 1,344 sq ft of living space, it ranks in the top 10% on its street and top 11% within the Rossmere-A community, meaning it is significantly more spacious than most direct comparable homes.

2. What does the tax assessment value tell me?
The home's assessed value for taxes ($324,000) is below the average for its street. This could mean its municipal tax bill is relatively lower than neighbors', but it's also a key figure to compare against the asking price to gauge market value.

3. The home was built in 1960. Is that a concern?
The age is typical for the area. The data shows it's actually one of the newer homes on its specific street (ranking in the top 4%). While modern systems may be needed, its age is consistent with the neighborhood's established character.

4. What is known about previous sale prices?
Public data indicates a sale occurred in September 2021 within the $400,000-$450,000 range. For precise historical sale figures, the listing source offers a manual lookup service via email.

5. Is the lot a good size?
Yes. At just over 6,000 sq ft, the lot is larger than most in the Rossmere-A community (ranking in the top 33%) and above the Winnipeg average, offering good outdoor space for a home of this vintage.