Property Overview: 564 Helmsdale Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 564 Helmsdale Avenue in the Rossmere-B neighborhood presents a solid, above-average offering within its immediate context. Built in 1955, it features 1,211 sqft of living space on a 6,622 sqft lot. The appeal lies in its strong positional value: it consistently ranks above average for both size and assessed value when compared to its street and neighborhood peers. Specifically, it sits in the top 16% on its street for assessed value and the top 14% in the neighborhood for living area. This suggests a well-regarded property in a stable area.
The lot size is a particular standout at the neighborhood level, being notably larger than the area average, which offers more outdoor space and potential. The home last sold in March 2020 for an estimated $300k–$350k, and its current assessed value of $362k continues to trend above local benchmarks.
This property would suit practical buyers looking for a home that outperforms its immediate surroundings without a premium city-wide price tag. It’s ideal for someone who values space, established neighborhoods, and a property that holds strong equity within its community. It represents a sensible choice for growing families or long-term owners seeking a balance of indoor and outdoor space in a mature part of Winnipeg.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold in March 2020 for an estimated $300,000–$350,000. Its current assessed value of $362,000 is above the average for both the street and the Rossmere-B neighborhood, indicating appreciated value. For verified, exact historical sale prices, a manual lookup can be requested.
2. Is the living space larger or smaller than most homes nearby?
At 1,211 sqft, the living area is larger than most comparable homes on Helmsdale Avenue (top 26%) and significantly above the Rossmere-B neighborhood average (top 14%). It is close to the city-wide average for similar homes.
3. What is the advantage of the lot size?
The 6,622 sqft lot is a key feature. It is above average for both the city and, more notably, the Rossmere-B neighborhood, where it ranks in the top 11%. This provides more yard space than many homes in the area.
4. How does the year built affect this property?
Built in 1955, the home is slightly newer than the average on its street. It is typical for the Rossmere-B area and aligns with many Winnipeg homes from the mid-century period, suggesting common construction styles and potential renovation timelines.
5. Are the assessed value rankings a good sign?
Yes. The home ranks in the top 16% on its street and top 8% in the neighborhood for assessed value, which is a strong indicator that it is viewed as a higher-value property within its local market context.