Property Overview: 333 Helmsdale Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on its generous lot and location within Winnipeg's Rossmere-B neighborhood. Built in 1925, it is a century-old character home offering 1,149 sqft of living space. Its primary appeal lies in the substantial 6,614 sqft lot, which is notably larger than most in both the local area and the wider city, ranking in the top 20% citywide. This offers significant outdoor space and potential for gardening, expansion, or future development, subject to zoning.
The home’s assessed value of $254k is well below average for the street, neighborhood, and city, indicating a potentially lower entry point. This combination of a large lot at a lower assessed value creates an opportunity for buyers willing to invest in updates or renovations. The living space is comfortably above average for the Rossmere-B area, providing good interior scale.
This property would best suit a practical buyer or investor who values land size over move-in-ready condition. It’s a fit for those with renovation skills, a vision to modernize a character home, or a long-term strategy where the land itself is a key asset. It is less suited for buyers seeking a newer home or one with recently updated systems.
Frequently Asked Questions
1. Why is the assessed value so much lower than the averages shown?
The assessed value is typically based on factors like age, condition, and recent sales of comparable properties. For a home built in 1925, the valuation often reflects the age of the structure and likely the need for modernizations, even if the underlying land is valuable.
2. What should I consider with a home from 1925?
Prospective buyers should prioritize a thorough inspection. Key focuses should be the foundation, roof, electrical wiring, plumbing, and insulation. While offering charm, homes of this age may require significant updates to mechanical systems and energy efficiency.
3. How significant is the lot size advantage?
The lot is a major feature. It is over 1,300 sqft larger than the citywide average lot, providing exceptional outdoor space for a city property. This allows for possibilities that are rare in many neighborhoods, from extensive landscaping to the potential for an addition or garage.
4. Is there recent sales history available for this home?
According to the provided data, no sales history is displayed for this listing. The source notes that exact sold price figures can be requested manually from the site operators, as they do not publish MLS sales records directly.
5. The data shows rankings for "Living Area" vary widely—is the house small or large?
It depends on the comparison group. The home's living area is above average specifically for the Rossmere-B neighborhood, making it a comfortable size locally. Compared to the broader city average, it is slightly smaller, as many newer suburban homes have larger floor plans.