Property score
58.2
Fair
Overall 58.2 · Larger but older than most nearby homes
1,144 sqft (top 22%) · Built in 1927 (28 yrs older than avg)
Located in a above-average income area with median household income of ~66k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 1 shop, and 1 park nearby
Living Area
Above average
9% larger than neighborhood avg.
Year Built
Below average
28 yrs older than neighborhood avg.
Mother tongue
English · 81%Tagalog · 4%
Past 10 years Rossmere-B sales snapshot (~80% of all data)
568
360k
$380/sqft
1955
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58.2 is composed by the two sections below.
Property Score
Community Score
Rossmere-B
How to read: Share of sales in each ~$50k price band for “rossmere-b” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110705
$66K
Median household income
$69K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.3
P90 / P10 ratio
36%
Single-person households
19%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
251 Helmsdale Avenue — 9 amenities found within 500 m, across 6 categories, including 3 dining (nearest 424 m), 2 healthcare (nearest 139 m), 1 shopping (nearest 204 m).
Rossmere-B · WPS public data · 2026
Annual incidents
13
2026
vs. city avg
-56%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
62%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 5% | Bottom 6% | Bottom 14% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 4% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 251 Helmsdale Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This home presents a distinct value proposition in Winnipeg's Rossmere-B neighborhood. Its key characteristic is a significant disconnect between its below-average assessed value ($220k) and its above-average lot size (6,732 sqft), which ranks in the top 5% of the local area. Built in 1927, the house itself is of a vintage era with a living area (1,144 sqft) that is modest yet competitive for the immediate street and neighborhood. The appeal lies in securing a very large, established lot in a mature community at an accessible price point, offering potential for expansion, gardening, or outdoor space that is increasingly rare. It would suit value-conscious buyers, including first-time homeowners willing to live with or gradually update an older home, or investors/long-term holders who prioritize land size over a modern dwelling. A thoughtful perspective is that this property represents a "land play" with a house included, where future value may be driven more by its generous parcel in a stable area than by the current structure.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighboring homes?
The assessed value is significantly below averages for the street, neighborhood, and city. This typically reflects the home's older age (1927) and potentially its condition, size, or features compared to updated or larger homes nearby. It indicates a lower property tax base but may also signify a need for modernization.
2. What does the "Elite" ranking for lot size mean?
This means the property's lot size of 6,732 sqft is larger than 95% of comparable lots in the Rossmere-B neighborhood. It is a standout feature, offering substantial outdoor space that is well above the local norm.
3. How recent are the sale records, and what do they indicate?
The home sold in April 2019 and July 2016, both times within the CA$200k–250k range. This stable, moderate price history suggests it has been perceived as a consistent value in the market without dramatic appreciation.
4. Are older homes like this a concern?
A 1927-built home requires careful attention to aging components like wiring, plumbing, insulation, and the foundation. While it offers character, buyers should budget for maintenance and potential updates, and a thorough inspection is essential.
5. How does the living space compare practically?
At 1,144 sqft, the living area is slightly below the street average but above the neighborhood average. It offers adequate space for a small family or couple but may feel compact compared to newer suburban homes. The layout and functionality of a 1920s floor plan should be considered.
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