Property Overview: 553 Helmsdale Avenue, Winnipeg
Key Characteristics & Appeal
This 1955-built home in Rossmere-B offers a practical footprint of 950 sqft on a notably generous 6,622 sqft lot. Its core appeal lies in its strong positional value within its immediate area. While the living space is slightly below the Winnipeg average, the property stands out in other key metrics: its municipal assessment is well above averages for both its street and neighborhood, and the lot size is significantly larger than most in Rossmere-B. This suggests a property that is valued more for its land and location than for its interior square footage.
The home would suit a value-conscious buyer who prioritizes lot size and established community character over a large modern floor plan. It’s a classic post-war bungalow, likely appealing to first-time homeowners, downsizers, or investors looking for a property with solid fundamentals in a stable neighborhood. A thoughtful perspective is that this property represents an opportunity to own an above-average lot in the area, which could be a long-term asset for expansion, gardening, or simply enjoying more private outdoor space, even if the house itself requires updates typical of its era.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The municipal tax assessment of $349,000 is above the average for both Helmsdale Avenue and the wider Rossmere-B community, indicating the city assesses its value relatively highly compared to nearby properties.
2. Is the house smaller than others in Winnipeg?
Yes, at 950 sqft, the living area is below the Winnipeg average for houses. However, it is much closer to the average size within the Rossmere-B neighborhood itself, where homes tend to be more modestly sized.
3. What does the lot size ranking mean?
The lot is over 6,600 sqft, which ranks in the top 20% city-wide and the top 11% within Rossmere-B. This is a key feature, offering more outdoor space than most properties in the community.
4. What is the sales history?
Public data indicates a sale occurred in December 2020 in the $300,000-$350,000 range. For precise historical sale prices, you must request the information directly from the source providing this data.
5. Are comparable homes nearby?
Yes, the data lists several nearby homes from the 1950s with similar sizes and assessments, such as 578 Helmsdale Ave ($341,000 assessment) and 564 Oakview Ave ($381,000 assessment), providing a clear picture of the local market.