Property Overview: 101 Helmsdale Avenue
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1946, presents a solid opportunity in Winnipeg's Kildonan Drive area. Its primary appeal lies in its generous proportions relative to the immediate neighborhood. With 1,307 sqft of living space and a 6,902 sqft lot, the property ranks in the top 20% and 16%, respectively, for size on its own street. This means you get more house and significantly more land than most nearby homes. A key modern update is the renovated basement, adding functional living space, and the property includes a detached garage.
The home’s assessed value is above average for the street but sits around the middle range for the wider area and city, suggesting it is a competitively priced, established property in its micro-location. Its last known sale was in early 2017.
This property would suit a buyer looking for a character home with ample outdoor space, who values the potential and privacy a larger lot affords over a brand-new build. It’s ideal for someone comfortable with a home of this era and who sees the renovated basement and detached garage as valuable practical assets. The numbers indicate it’s a standout on its block in terms of space, offering a relative bargain in square footage and land compared to direct neighbors.
Frequently Asked Questions
1. What does the ranking data (e.g., "Top 20%") actually mean for a buyer?
It contextualizes the home against comparable properties. For example, ranking in the top 20% for living area on its street means 80% of similar homes on Helmsdale Avenue are smaller. This highlights where the property offers above-average value, particularly in lot and living space.
2. The home was built in 1946. What should I consider?
While the basement has been renovated, a home of this age will have its original core systems and structure. A thorough inspection is essential to understand the condition of the roof, foundation, wiring, and plumbing. This isn't a drawback, but it requires informed due diligence.
3. How reliable is the sold price history shown?
The listed sale price from 2017 is a range based on public data. For the exact figure, you must request it directly from the site via email. This is a common practice to verify visitor interest and provide precise data.
4. The assessed value is $34,600k. Is that the market value or sale price?
No. The assessed value is for municipal tax purposes only and is typically lower than current market value. It's a useful benchmark for comparing the property to others in tax burden but should not be mistaken for an appraised market value or expected selling price.
5. What is the significance of having a detached garage?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or extra storage without impacting the home's living space. However, consider the convenience factor, especially during Winnipeg winters, as it requires going outside to access.