Property Overview: 156 Helmsdale Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This one-storey home on Helmsdale Avenue in Kildonan Drive presents a compelling mix of modest living space and valuable land. Built in 1950, the 923 sqft house is smaller than most comparable homes in the area, which may appeal to those seeking a simpler, more manageable footprint without the upkeep of a larger property. Its appeal is significantly bolstered by an above-average, generous lot of nearly 6,900 sqft, offering substantial outdoor space for gardening, recreation, or future expansion—a notable asset in the city.
The home features a renovated basement and a detached garage. Its assessed value is strong for the immediate street, indicating it is viewed favorably relative to its closest neighbors. This property would suit first-time buyers, downsizers, or practical investors who prioritize land size over interior square footage. It’s a home for someone who sees potential in outdoor space and a solid foundation, rather than immediate move-in luxury.
Frequently Asked Questions
1. Is the smaller living area a concern?
While the house is compact at 923 sqft, the renovated basement provides additional usable space. The trade-off is a much larger-than-average yard, which for many buyers adds significant value and utility.
2. How does the assessed value compare to the recent sold price?
The assessed value is $35,200. The home sold in July 2024 for an estimated $39,500–$42,500, suggesting a market value that exceeded its official assessment at that time.
3. What does the "above average" land ranking mean practically?
With a lot size ranking in the top 24% on its street and top 18% city-wide, you are getting more outdoor space than most Winnipeg properties. This allows for greater privacy, landscaping possibilities, and is often a key factor for future resale.
4. What are the likely maintenance considerations?
As a home built in 1950, prospective buyers should budget for and inspect age-related components, such as the roof, plumbing, and electrical systems, even with a renovated basement.
5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly listed in detail. You can request this information directly via email from the listing source, which provides the data manually without marketing spam.