Property Overview
This 1991-built home at 522 Springfield Road in Winnipeg's Rossmere-A neighborhood presents a practical and competitively priced entry point into the market. With 821 square feet of living space on a 4,982 sqft lot, it is a compact property that stands out for its relatively modern construction date compared to its immediate area. Its assessed value of $335k is aligned with neighborhood averages, suggesting a fair market positioning.
The appeal here is one of efficiency and relative newness within an established community. While the home's size is below average for both the neighborhood and the city, its 1991 build date is a significant advantage, ranking in the top 2% for newness in Rossmere-A. This often implies fewer immediate concerns with major aging components like roofing or foundation, which can be a hidden cost in older area homes. The lot, while smaller than some on the street, still offers reasonable outdoor space.
This property would best suit first-time buyers, downsizers, or investors seeking a lower-maintenance, turn-key asset in a stable area. It’s for those who prioritize a modern building envelope and predictable costs over spacious square footage. A thoughtful perspective is that its smaller size and average valuation could represent a lower property tax burden compared to larger homes with similar assessments, an ongoing savings that is sometimes overlooked.
Frequently Asked Questions
1. How does the 1991 build date compare to nearby homes?
This is one of the newer homes in the Rossmere-A area. It ranks in the top 2% for its construction year within the neighborhood, where the average home was built in 1964. On its own street, it's also above average, with neighboring homes averaging a 1981 build date.
2. Is the assessed value of $335k typical for the area?
Yes. The assessment is around the average for both Springfield Road ($321.7k) and the wider Rossmere-A neighborhood ($329.8k). It sits below the Winnipeg citywide average for comparable homes, which is $390.1k.
3. What should I know about the home's size?
With 821 sqft of living space, it is more compact than many area homes. It ranks below the neighborhood average (1,116 sqft) and the city average (1,342 sqft). This indicates a efficient, likely bungalow or similar style, best for those comfortable with cozier living spaces.
4. When did it last sell, and for how much?
Public data shows it sold between July 2016 for a price in the CA$250k–300k range. For the exact historical sale price, you can request the details directly from the listing source.
5. How does the lot size compare?
The 4,982 sqft lot is around average for the city but below average for the Rossmere-A neighborhood (5,685 sqft avg.) and for Springfield Road itself (5,913 sqft avg.). It provides a manageable yard space that requires less upkeep.