Property Overview: 523 Sharron Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 523 Sharron Bay in the Rossmere-A neighborhood is a classic Winnipeg bungalow, built in 1959. With 1,014 sqft of living space and a 6,043 sqft lot, it presents a practical and grounded opportunity. Its primary appeal lies in its position as a stable, entry-level property in an established community. The home’s assessed value for taxes is $321,000, which sits close to the average for both the neighborhood and the wider city, suggesting a fairly priced asset without the premium of a larger or renovated home.
The property would suit first-time buyers or practical investors looking for a foothold in the market without overextending. Its lot size is notably above average for the Rossmere-A area, offering good outdoor space relative to many local properties—a subtle advantage for those valuing a larger yard. The home’s characteristics (smaller living area, older build) indicate it may be ideal for buyers comfortable with a property that has potential for updates over time, or for those seeking a manageable and affordable maintenance footprint. Its last known sale was between $250,000-$300,000 in early 2016, providing a historical benchmark for value assessment.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
The data shows this home is below the street average for both living area and assessed value, ranking in the bottom 15% on Sharron Bay for size and the bottom 6% for assessed value. This indicates it is one of the more modest and potentially more affordable properties on the block.
2. Is the lot size a significant feature?
Yes. While the lot is slightly below average for Sharron Bay itself, it is above the average lot size for the broader Rossmere-A community. This means you get more outdoor space than many neighboring properties, which is a positive for privacy, gardening, or future expansion.
3. What does the assessment ranking mean for property taxes?
The home’s assessed value ranks in the 60th percentile for the neighborhood and 64th for the city, meaning it is assessed lower than about 35-40% of comparable properties. This typically suggests a relatively moderate property tax burden compared to more highly assessed homes in Winnipeg.
4. How can I get accurate historical sale price data?
The page notes that precise sale history is not displayed publicly due to industry restrictions. To obtain accurate past sale figures, you must contact the site operator via email for a manual search, which they promise to provide without marketing spam.
5. Are the comparable "nearby houses" listings currently for sale?
No. The "nearby houses" and "assessment price相近的房子" shown are for reference only, providing context on size, age, and value of other properties in the area. They are not necessarily current listings.