Property Overview: 541 Springfield Road, Winnipeg
Key Characteristics & Appeal
This home at 541 Springfield Road in the Rossmere-A neighborhood presents a solid, above-average offering for its immediate area. Built in 1970, it is an established property with a 1,200 sqft living space that ranks notably larger than most homes on its street and within the community. Its municipal tax-assessed value of $373,000 is also consistently higher than local averages, suggesting it is viewed as a substantial property within its specific market.
The appeal lies in its strong local standing. It offers more interior space than many nearby comparables, which is a significant advantage for buyers looking for roominess in this price segment. The lot size, while slightly below the community average, is still generous. It suits buyers who prioritize space and established neighborhoods over a newer build, and who see value in a home that already performs well above its direct surroundings in key metrics. A thoughtful perspective is that its 1970 construction date, while older than some, is actually above average for the wider Rossmere-A area, indicating it sits in a pocket of slightly more mature homes. This could appeal to those seeking a settled streetscape.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, a property at this address previously sold between $300,000 and $350,000 in May 2019. Its current tax assessment of $373,000 is higher, but a professional appraisal and market conditions will determine the actual listing and sale price.
2. Is the living space considered large for the area?
Yes. With 1,200 sqft, this home is larger than approximately 93% of comparable homes on Springfield Road and 77% of homes in the Rossmere-A community, making interior space one of its key strengths.
3. The home was built in 1970. What should I consider?
While the build year is older than the street average, it is actually slightly newer than the average home in the broader Rossmere-A community. This typically means potential updates (like roofing, windows, or major systems) should be carefully evaluated, but it also places the home in a well-established neighborhood setting.
4. How accurate is the tax assessment value?
The tax-assessed value ($373,000) is for municipal taxation purposes and is a formal estimate. It is a useful benchmark that shows the property is assessed higher than most in its immediate vicinity, but it does not guarantee a specific market sale price.
5. Where can I find precise historical sale data?
The provider notes that precise MLS sale history is not displayed due to industry restrictions. They offer to provide accurate transaction history manually via email request upon registration, as a complimentary service.