Property Overview: 569 Helmsdale Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a practical opportunity in Winnipeg's Rossmere-B neighborhood. Built in 1955, it is newer than many on its street. The 917 sqft living area is modest, placing it below local and city averages, which suggests a efficient, manageable layout. Its true standout feature is the 6,623 sqft lot, which is significantly larger than most in the neighborhood (top 10%) and above the city average, offering valuable outdoor space.
The appeal lies in its balance. The assessed value is consistently around the average for its immediate area, indicating a stable, mid-market investment. The generous lot size paired with a smaller home creates a low-maintenance interior with high potential for outdoor living, gardening, or future expansion. This property would suit first-time buyers seeking an affordable entry into a established area, downsizers looking for a manageable home with a spacious yard, or value-oriented investors attracted by the land component and stable valuation history.
Section 2: Frequently Asked Questions
1. Is the house smaller than others nearby?
Yes. At 917 sqft, the living area is below the average for Helmsdale Avenue, the Rossmere-B neighborhood, and Winnipeg overall. This indicates a more compact, efficient floor plan.
2. What is the most notable positive feature?
The lot size. At over 6,600 sqft, the property has a much larger yard than typical for the neighborhood (ranking in the top 10%), offering a rare amount of private outdoor space.
3. How does its value compare to the area?
Its assessed value of $320k is very close to the street and neighborhood averages. This suggests it is priced consistently within its local market, not over- or under-valued based on municipal assessment.
4. Has the property's market value been increasing?
Based on available sold price ranges, it appears to have appreciated. It sold in the $300k-$350k band in mid-2021 and in the $350k-$400k band by late 2023, indicating upward movement in line with broader market trends.
5. How can I verify the exact past sale prices?
The site does not display exact MLS sold figures. To obtain the precise transaction history, you must request a manual lookup via email, which the provider will send directly to you.