Property Overview
This 1955-built home at 421 Helmsdale Avenue in Winnipeg's Rossmere-B neighbourhood presents a practical and grounded opportunity. With 1,039 sqft of living space, it sits close to the average for both its street and community, offering a comfortable footprint for a smaller household or first-time buyer. Its key appeal lies in its proportionally large lot of 6,618 sqft, which ranks within the top 20% city-wide, providing valuable outdoor space and potential in a mature area. The property's assessed value for taxes is notably below the street average, which may indicate a relative value proposition, though this should be verified against current market conditions. The home suits buyers looking for a established neighbourhood character, who prioritize yard space over a larger interior, and are prepared for the maintenance or updates that can come with a home of this vintage. A thoughtful perspective is that while the home itself is average in size and age for the area, the land it sits on is a standout asset, offering a sense of privacy and room to grow that is less common in this price segment.
Frequently Asked Questions
1. How does the property's value compare to recent sales?
Based on available data, a home on this street sold in the $250,000-$300,000 range in August 2022. The current assessed value is $303,000. For the most accurate and complete sales history, you must request the information directly via email from the source of this data.
2. Is the lot size a significant advantage?
Yes, particularly within the Rossmere-B community. The lot is over 1,300 sqft larger than the neighbourhood average, placing it in the top 14%. This means more private outdoor space than many nearby properties, which is a key differentiator.
3. What might the below-average tax assessment mean?
A tax assessment below the street average can suggest the property is valued lower relative to its immediate neighbours. This could be due to factors like the home's condition, specific features, or the timing of the assessment. It's important to get a current market evaluation to understand today's value.
4. How does this home compare to the nearby comparable listings?
The provided comparables, such as 440 Helmsdale Ave., show very similar homes from the same era (1955) with close living area and assessed values. This indicates the subject property is typical for the specific block, reinforcing its market positioning as a standard offering in this pocket of the community.
5. What is implied by the home's "above average" build year ranking on its street?
With an average build year of 1950 on Helmsdale Avenue, this 1955 home is newer than about 80% of the houses on the street. This suggests the immediate street contains many older homes, and this property might be among the more recently built in that specific row.