Property Overview: 546 Springfield Road, Winnipeg
Key Characteristics & Appeal
This home at 546 Springfield Road in Rossmere-A presents a compelling blend of above-average modern build and strong valuation. Built in 1992, it is notably newer than most homes in its immediate area and neighborhood, ranking in the top 2% for year built in Rossmere-A. With 1,042 sqft of living space, it is comfortably above average for its street. The property's standout feature is its assessed value of $393k, which ranks in the elite top 5% on Springfield Road and the top 9% in the neighborhood, suggesting it is perceived as a higher-quality asset compared to its local peers. The lot size of 5,438 sqft is also above average for the street.
The appeal lies in acquiring a relatively modern home in an established neighborhood, one that holds a premium position on its block. It suits buyers looking for a move-in-ready property that likely requires fewer immediate updates than older surrounding homes, and for those who value a strong assessed value as an indicator of solid construction and desirability. It’s a practical choice for small families or professionals seeking a balance of space, modern convenience, and a sound investment within a mature community.
Frequently Asked Questions
1. Why is the assessed value so high compared to nearby homes?
The assessed value of $393k is significantly above the street and neighborhood averages. This typically reflects factors like the newer construction year (1992), the home's condition, improvements, and its overall market position as a premium property on the block.
2. How does the living area compare to typical homes in Winnipeg?
At 1,042 sqft, the living area is slightly below the Winnipeg average for comparable homes but is above average for its specific street. It offers a comfortable size that is efficient and likely easier to maintain than larger, older homes.
3. What is the history of sold prices for this property?
Public records show it sold twice in recent years, in 2016 and 2019, with both sale prices falling within the $300k-$350k range. For fully verified and exact historical sale figures, a manual lookup can be requested from the site.
4. Is the lot size typical for the area?
The 5,438 sqft lot is slightly smaller than the street average but very close to the neighborhood average. It provides a standard outdoor space for the area without being overly expansive.
5. What does the "elite" ranking for year built mean practically?
Ranking in the top 2% for year built in Rossmere-A means this home is among the newest in a neighborhood of mostly older homes. Practically, this can translate to more modern building materials, electrical systems, insulation standards, and potentially lower near-term maintenance costs.