Property Overview: 408 Helmsdale Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1955-built home in Rossmere-B offers a practical and grounded opportunity in Winnipeg's housing market. With 950 sqft of living space, it sits comfortably within the average range for its immediate street and neighborhood, making it a manageable size for smaller households or first-time buyers. Its primary appeal lies in its above-average land size (6,625 sqft), placing it in the top 9% within Rossmere-B, which provides valuable outdoor space and potential relative to many area lots.
The home’s assessed value for taxes is $329,000, which is notably higher than the Rossmere-B community average, suggesting the municipal assessment sees solid value in the property or lot. A less obvious perspective is that while the living space is modest by city-wide standards, the combination of a larger, valuable lot with a home of average community size could appeal to those prioritizing yard space over interior square footage, or seeing long-term potential in the land itself.
This property would best suit buyers looking for an entry point into a stable neighborhood without the upkeep of a very large home. It’s a pragmatic choice for first-time homeowners, small families, or investors seeking a property with a strong land-to-building ratio in a mature community.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 950 sqft, the living area is very close to the Rossmere-B neighborhood average (~1,047 sqft) and slightly below the average on its own street. It’s a comfortably average-sized home for the immediate area.
2. Is the tax assessment higher than normal for this area?
Yes. The assessed value of $329,000 is above the Rossmere-B community average of ~$312,000. This can be influenced by factors like lot size, condition, and recent improvements, and it’s wise to understand how this translates to actual property taxes.
3. What stands out about this property’s lot?
The land size is a key feature. At 6,625 sqft, it is significantly larger than the typical lot in Rossmere-B (average ~5,270 sqft), placing it in the top 10% of the community for lot size.
4. When was it last sold, and for how much?
Public data indicates a sale occurred in January 2016, with a reported price range between $200,000 and $250,000. For precise historical sale data, you must request it directly from the source providing this information.
5. Are similar homes available on the same street?
Yes, Helmsdale Avenue has several homes from the same era (1950s) with comparable living areas, as shown in the comparable listings. This provides a clear benchmark for size, age, and value in the direct vicinity.