Property Overview: 543 Sharron Bay, Winnipeg
Key Characteristics & Appeal
This Rossmere-A home, built in 1958, presents a solid, no-surprises opportunity in a mature Winnipeg neighbourhood. Its key appeal lies in its established setting and balanced metrics. At 1,080 sqft, the living space is very typical for the immediate street and area, offering a practical footprint for everyday living. The lot size of just over 6,000 sqft is a notable positive, ranking above average city-wide and providing generous outdoor space relative to many Winnipeg properties.
The home’s assessed value of $346k sits above average for its street and neighbourhood, suggesting it is viewed as a well-positioned asset within its local market. A recent sale in mid-2024 placed it in the $400k-$450k range, performing strongly against nearby comparables. This combination indicates a property that holds its value well in its context. It would suit a buyer looking for a grounded, established neighbourhood home without extreme peaks or valleys in its profile—someone who values a larger lot and predictable value over a newer build or premium finishes. It’s a practical choice for first-time homeowners or those seeking a long-term stable investment in a quiet area.
Frequently Asked Questions
1. How does this home’s age affect its value?
Built in 1958, it is older than most on its street and in Rossmere-A. This typically implies potential for older systems (roof, plumbing, wiring) that may need attention or updating, which can be factored into an offer. However, homes of this era in stable neighbourhoods often have mature landscaping and well-established construction.
2. Is the sold price range provided accurate?
The displayed range is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup via the site’s email service, as per the disclaimer.
3. The living area is slightly below the city average. Should I be concerned?
Not necessarily. Its size is squarely average for its specific street and neighbourhood, which is more relevant for daily living and resale within the area. It reflects the typical scale of homes in this part of Rossmere-A.
4. What does the above-average assessed value on the street indicate?
It suggests the municipal assessment views this property favorably compared to its direct neighbours, often due to lot size, condition, or improvements. It can be a marker of relative desirability on the block but is not a direct predictor of market sale price.
5. Why is the lot size highlighted as a feature?
While the lot is slightly below average for Sharron Bay, it ranks above average across Winnipeg. In a city where newer developments often have smaller lots, this property offers more outdoor space than many, which is a valued and limited commodity.