Property Overview: 428 Helmsdale Avenue, Winnipeg
Key Characteristics & Appeal
This 1955-built home in the Rossmere-B neighborhood presents a practical and value-oriented opportunity. With 962 sqft of living space, it is a comfortably sized, single-level property typical of its era. Its primary appeal lies in its strong positional value within its immediate area. The property boasts an assessed value for taxes ($351,000) that ranks well above average for both its street (top 24%) and neighborhood (top 13%), suggesting it is viewed favorably relative to its peers. Furthermore, it sits on a 6,624 sqft lot, which is significantly larger than the Rossmere-B average (top 9%), offering valuable outdoor space and potential.
The home suits first-time buyers or downsizers seeking an established community without a premium price tag. It’s a straightforward property where the value is anchored more in its lot size and assessed standing than in square footage or modern finishes. A thoughtful perspective is that while the living space is modest by city-wide standards, its above-average lot size in the neighborhood provides a relative rarity: room to grow, garden, or simply enjoy more privacy than nearby homes, which is a lasting asset not easily changed.
Frequently Asked Questions
1. What is the likely selling price based on recent data?
Recent comparable sales on the same street from late 2024 indicate a transaction range between $400,000 and $450,000. For a precise historical sale price, you must request the data directly from the source via email.
2. How does the home's size compare to others nearby?
At 962 sqft, the living area is close to the average for both Helmsdale Avenue and the Rossmere-B community. It is, however, below the average for the entire city of Winnipeg.
3. Is the property tax assessment high?
Yes, the tax assessment of $351,000 is notably higher than the averages for both the street and the neighborhood. This typically reflects the city's valuation of the property's worth relative to others nearby, which can be influenced by lot size, condition, and improvements.
4. What does the lot size offer?
The lot is a key feature. At over 6,600 sqft, it is substantially larger than most in Rossmere-B, ranking in the top 9% for the community. This offers more yard space than is typical for the area.
5. The home was built in 1955. What should I consider?
The build year is newer than the average on its street. As with any home of this age, a thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the foundation, and to budget for any necessary updates or maintenance.