Property Summary: 400 Helmsdale Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This 1955-built home in Rossmere-B presents a solid, middle-of-the-road offering with one standout feature: its lot size. The 1,040 sqft living area and the $326k assessed value are consistently "around average" when compared to the street, neighborhood, and city. This indicates a home that is neither oversized nor undersized for its market, offering a comfortable footprint for a small family or couple.
The primary appeal lies in its generous 7,201 sqft land area, which ranks in the top 10% on its street and an elite top 3% within the Rossmere-B neighborhood. This above-average outdoor space is a significant asset, offering ample room for gardening, recreation, or future expansion. The home's newer build year relative to others on Helmsdale Avenue is also a subtle plus.
This property would best suit practical buyers seeking value in established neighborhoods—those who prioritize a larger yard over a larger house. It’s a sensible choice for first-time homeowners or downsizers who want manageable indoor space without sacrificing outdoor potential. The consistent "average" metrics suggest a stable, predictable investment rather than a standout bargain or luxury item.
Frequently Asked Questions
1. How does the sold price history inform the current value?
The home has sold three times since 2016, each time at a higher price percentile, showing appreciating demand. The most recent sale in mid-2024 placed in the top 11-14% for the area, suggesting it may command a premium over its assessed value.
2. What does the "elite" lot size ranking actually mean for me?
It means your yard is significantly larger than most in Rossmere-B. This offers more privacy, space for sheds or play structures, and could be a key factor in future resale value for buyers seeking land.
3. Are there any concerns with a 1955-built home?
While newer than many on its street, a home of this age will likely have had major systems updated. A thorough inspection is essential to understand the condition of the roof, wiring, plumbing, and foundation.
4. How does this home compare to the properties directly around it?
Nearby listings on Helmsdale and Kimberly Avenues show very similar build years and living areas, with assessed values ranging from $243k to $349k. This home sits squarely in that range, confirming it is competitively positioned within its immediate block.
5. Why are only sold price ranges shown, and how can I get the exact figures?
Due to industry regulations, precise MLS sale prices are not published on this site. The provided $50k bands are based on public data. You can request the exact historical sold prices via email from the site provider, who will manually retrieve and send the information.