Property Overview: 506 Paufeld Drive, Winnipeg
Key Characteristics & Buyer Appeal
This 1,334 sqft home on a 5,606 sqft lot in Rossmere-A presents a solid, above-average offering within its immediate neighborhood. Built in 1970, its key appeal lies in its strong positioning relative to local comparables. The living area is notably larger than most homes on its street and in Rossmere-A, ranking in the top 21% and 12% respectively. Similarly, its assessed value of $386k sits comfortably above the neighborhood average, placing it in the top 10% of Rossmere-A, which suggests good value retention in a desirable area. While its construction year is older than most on its specific street, it is actually newer than the broader neighborhood average.
This property would suit practical buyers looking for a home that stands out in its local market without a premium citywide price tag. It’s ideal for someone who values space and established community character over a newer build. The data indicates a home that is a strong performer within its own enclave—a sensible choice for buyers prioritizing neighborhood investment and more square footage for their money compared to nearby alternatives.
Frequently Asked Questions
What is the exact recent sale price?
Public data shows a sale occurred in October 2024 with a price range of CA$400,000–450,000. The exact figure can be provided upon request via email.
How does this home really compare to its neighbors?
The home ranks highly within Rossmere-A for both size and value. Its living area is larger than 88% of neighborhood comparables, and its assessed value is higher than 90% of them, indicating it is a above-average property in this specific community.
Is the 1970 build year a concern?
While it’s one of the older homes on its particular street, it is actually newer than the average home for the entire Rossmere-A neighborhood. This suggests the street may have newer development, but the property itself is not unusually old for the area.
What is the lot size like?
At 5,606 sqft, the lot is very close to the average for both the street and the neighborhood. It is, however, smaller than the Winnipeg citywide average for comparable homes.
How are the rankings and percentages determined?
The rankings compare this specific property against similar homes on three levels: its immediate street, the Rossmere-A neighborhood, and the entire city of Winnipeg. The "top X%" indicates the percentage of comparable homes it outperforms for that specific metric (e.g., living area, assessed value).