Property Overview: 367 Helmsdale Avenue, Winnipeg
Key Characteristics & Appeal
This 1952-built home in Rossmere-B presents a solid, middle-of-the-road offering in Winnipeg’s market. With 1,183 square feet of living space, it sits above the neighborhood average, providing a bit more room than many nearby homes. The assessed value of $322,000 is consistently "around average" at the street, neighborhood, and citywide levels, suggesting a fair and stable pricing based on municipal evaluation.
The appeal lies in its balance and established location. The lot size of 5,955 sqft is notably larger than most in the Rossmere-B area, offering valuable outdoor space potential in a neighborhood where lots are typically smaller. While the home itself is not new, its build year is typical for the street. A less obvious point is that this property appears to be a consistent performer rather than a standout; it doesn't rank in the extreme top or bottom in any major category, which can indicate a lower-risk, predictable investment in a mature community.
It would best suit pragmatic first-time buyers or downsizers looking for a straightforward home in a settled area without unexpected premium costs. The data suggests it’s for someone who values a decent-sized yard and proportional living space over a modern build or a premium valuation address.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $350k-$400k in August 2022. Its current assessed value of $322k is slightly below the street's average assessment of $333.4k, indicating the municipal valuation is conservative compared to recent market activity on Helmsdale Avenue.
2. Is the lot size a pro or a con?
It depends on your priorities. At 5,955 sqft, the lot is larger than the Rossmere-B neighborhood average, which is a plus for privacy, gardening, or expansion. However, it's below the average for Helmsdale Avenue itself, so it may feel standard or slightly smaller compared to its immediate neighbors.
3. What does the "around average" ranking in most categories mean for a buyer?
It generally indicates a lower risk of overpaying based on municipal metrics. The home isn't an outlier in size, value, or age, which suggests it should be reasonably straightforward to finance and insure, and its value is likely to move with the broader area trends.
4. The home was built in 1952. What should I expect?
You should budget for updates common to homes of this era, such as older windows, plumbing, or electrical systems. A thorough inspection is essential. On the positive side, homes from this period in established neighborhoods often feature solid construction and mature landscaping.
5. How can I find out the exact price it last sold for?
The public data shows a sale price range. To obtain the exact sale price from the August 2022 transaction, you need to request it directly from the source providing this data, typically by submitting your email for a manual reply, as noted on the detail page.