Property Overview: 573 Springfield Road, Winnipeg
Section 1: Key Characteristics & Appeal
This 1970-built home in Rossmere-A presents a practical opportunity in Winnipeg's housing market. With 988 square feet of living space, it is a compact and manageable property, sitting slightly below the neighborhood average for size but well within the typical range for its immediate street. Its municipal assessed value of $325,000 aligns closely with area averages, suggesting a fairly priced entry point.
The home's primary appeal lies in its balance and potential. The lot size of over 5,200 square feet is a notable asset, ranking well above average for Springfield Road, offering valuable outdoor space for gardening, play, or expansion that many newer lots lack. While the living area is modest, the generous yard provides a key advantage. As a home built in 1970, it is newer than many in the wider Rossmere-A area, which may imply updates to major systems compared to older counterparts, though a thorough inspection is always advised.
This property would best suit first-time homebuyers, downsizers, or practical investors seeking a foothold in a stable neighborhood without a premium price tag. It appeals to those who value a larger yard over a larger house and are comfortable with a home that may require personalization or phased updates. The data suggests it's not a standout in sheer size or newness, but rather a grounded option where value is derived from the land and a realistic price point for a structurally established home.
Section 2: Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 988 sqft, the living space is very close to the average for Springfield Road itself, but is below the broader Rossmere-A and city-wide averages. It is a functionally sized home for individuals, couples, or small families.
2. Is the assessed value a good indicator of its market price?
The municipal tax assessment of $325,000 is a useful benchmark, showing it is priced consistently with similar homes on its street and in the community. Market conditions, property condition, and recent renovations will ultimately determine the sale price.
3. What is the significance of the lot size?
The lot of 5,203 sqft is a strong feature, ranking in the top 14% on Springfield Road. This larger-than-standard lot for the area offers more privacy, outdoor space, and future potential than many comparable properties.
4. The home was built in 1970. What should I consider?
While older, it is actually newer than many homes in Rossmere-A. This era of home may have undergone some updates, but key components like the roof, wiring, plumbing, and windows should be carefully evaluated for age and condition.
5. Where can I find accurate historical sale price data?
The page indicates a sale occurred between $250,000-$300,000 in mid-2016. For precise, official sale history, the site notes that it must be requested manually via email, as public records often show only broad price ranges.