Property Overview: 596 Springfield Road, Winnipeg
Key Characteristics & Appeal
This home at 596 Springfield Road in the Rossmere-A neighborhood presents a practical and competitively positioned offering. Built in 1989, it is notably newer than most homes in its immediate area, ranking in the top 3% for its year of construction within the neighborhood. This suggests updated infrastructure and potentially lower immediate maintenance needs compared to older surrounding properties.
With 1,040 sqft of living space, the home is above the average size for its specific street and aligns closely with the neighborhood average. Its assessed value of $344k is above the street average and sits competitively within the broader city context, where average values for comparable homes are higher. The lot size of 3,710 sqft is more compact than typical lots in both the neighborhood and citywide, which may appeal to buyers seeking a lower-maintenance yard without sacrificing interior space.
The appeal lies in its modern age relative to the area, offering a move-in-ready foundation in an established community. It suits first-time buyers or downsizers looking for a manageable property without the premium price of a brand-new build, and value-conscious buyers who appreciate a home that stands out favorably in key metrics like age and assessed value on its own street.
Frequently Asked Questions
1. How does this home's value compare to recent sales?
The home last sold between $250k-$300k in mid-2017. Its current assessed value of $344k is above that range and above the current averages for both its street and neighborhood, indicating perceived growth and a solid market position.
2. Is the smaller lot size a disadvantage?
It depends on your priorities. The lot is smaller than most in Winnipeg, which means less yard maintenance but also less private outdoor space. For those prioritizing a newer home and efficient living space over a large garden, it can be a practical trade-off.
3. What does the "newer build" ranking actually mean for me?
Ranking in the top 3% for year built in Rossmere-A means this 1989 home is among the very newest in a neighborhood predominantly built in the 1960s. This typically translates to younger major systems (like plumbing, electrical, and roofing), which can mean greater reliability and deferred upgrade costs.
4. Who are the typical neighbors in terms of property types?
Based on nearby listings, you would be among a mix of similarly sized bungalows and split-level homes, primarily from the 1960s. Your home would be a relatively contemporary property within a classic, established streetscape.
5. Where can I see how this property fits into the immediate area?
You can open the dedicated neighbourhood analysis page linked on the details page to view an interactive map. This tool allows you to compare this property directly with its closest neighbors on factors like year built, lot size, and assessed value.