Property Overview
This home at 539 Sharron Bay in Winnipeg's Rossmere-A neighborhood presents a solid, mid-century property built in 1959. With 1,014 square feet of living space on a 6,046 sqft lot, it sits comfortably within the averages for its immediate area. Its current assessed value of $353k is notably above average for both its street and neighborhood, suggesting it is well-regarded within its local market context. The home last sold in mid-2017 for an estimated $250k–$300k.
Key Characteristics & Appeal
The primary appeal of this property lies in its established neighborhood setting and its position as a value-holder on its street. While the living space is slightly more compact than some direct neighbors, its assessed value ranks in the top 20% on Sharron Bay, indicating a perception of quality or desirability that outpaces its footprint. The lot size is generous compared to the Winnipeg average, offering good outdoor space for a home of this vintage.
This home would suit a first-time buyer or a downsizer looking for a manageable, single-story layout in a mature, no-surprises neighborhood. It’s a practical choice for someone who values a stable community character over brand-new construction. A thoughtful perspective is that its above-average assessment for the area could signal lower future property tax increases relative to neighbors if municipal evaluations trend toward leveling, but it also means the current tax bill is likely higher than on nearby, similarly-sized homes.
Frequently Asked Questions
What does the "above average" assessed value really mean?
It means the city’s tax assessment for this home is higher than most comparable homes on its street and in Rossmere-A. This typically reflects factors like condition, updates, or lot desirability, but it also directly influences the annual property tax amount.
How does the living space compare to nearby homes?
At 1,014 sqft, the living area is below the average for both Sharron Bay (1,127 sqft) and Winnipeg overall (1,342 sqft). This suggests a more compact, efficient layout compared to many area homes.
When was it last sold, and for how much?
The home was sold in July 2017. The sold price is listed within a range of CA$250,000 to $300,000. The exact sale price is available by request from the listing source.
Is the lot size a good feature?
Yes. The 6,046 sqft lot is above the citywide average for comparable homes, providing more yard space than many properties in Winnipeg. On its own street, however, it is slightly below the average lot size.
What are the comparable homes nearby?
The listing shows several nearby homes on streets like Mark Pearce Avenue and Stalker Bay, built between 1958-1960, with living areas from 816 to 1,258 sqft and assessed values ranging from about $293k to $434k. This gives context that 539 Sharron Bay sits in the mid-to-upper range of assessed values for similar, older homes in Rossmere-A.