408 Helmsdale Avenue

Rossmere-B, Winnipeg

Property score

58.4

Fair

Overall 58.4 · Compared with neighbourhood average

950 sqft (bottom 34%) · Built in 1955

Located in a above-average income area with median household income of ~87k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 2 parks nearby

Living Area

Below average

9% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 79%Tagalog · 4%

Past 10 years Rossmere-B sales snapshot (~80% of all data)

Sold Count

568

Median price

360k

$/sqft

$380/sqft

Avg build year

1955

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Property score

58.4 is composed by the two sections below.

Property Score

47.0Low
Living Area950 sqft42Low
Year Built195536Low
Lot Size6,625 sqft85Excellent
Neighbourhood Sales Activity37Low

Community Score

75.6Good
Household Income79Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110703

Community deep dive

$87K

Median household income

$92K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

28%

Single-person households

25%

Families with children

Population, labour & age

Population (2021)659
Labour force participation rate69%
Median age39.6
Avg household size2.4
Unemployment rate5%
Population density2440 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households28%
Couple families with children25%
Median household income (2020)$87K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority14%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
950 sqft
0255075100
Same streetBottom 33%Same areaBottom 34%CitywideBottom 21%
Same street · Helmsdale Avenue
#154 / 231
Bottom 33% · Avg 1,162 sqft
Same area · Rossmere-B
#1,039 / 1,567
Bottom 34% · Avg 1,047 sqft
Citywide · Winnipeg
#153,176 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
329k
0255075100
Same streetTop 44%Same areaTop 29%CitywideBottom 39%
Same street · Helmsdale Avenue
#101 / 231
Top 44% · Avg 333.4k
Same area · Rossmere-B
#450 / 1,567
Top 29% · Avg 311.9k
Citywide · Winnipeg
#119,307 / 194,458
Bottom 39% · Avg 390.1k

Year Built

above average
1955
0255075100
Same streetTop 20%Same areaTop 47%CitywideBottom 34%

Lot Size

above average
6,625 sqft
0255075100
Same streetTop 42%Same areaTop 9%CitywideTop 20%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

408 Helmsdale Avenue — 8 amenities found within 500 m, across 6 categories, including 1 dining (nearest 330 m), 1 education (nearest 173 m), 1 healthcare (nearest 316 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🌳Parks2
Fuel Stations1
Worship2

Crime & Safety

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%

Sales History

Sold 1/2016CA$200k–250k
Sold price

Same street

Bottom 16%

Same area

Bottom 16%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 408 Helmsdale Avenue, Winnipeg

Property Overview: 408 Helmsdale Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1955-built home in Rossmere-B offers a practical and grounded opportunity in Winnipeg's housing market. With 950 sqft of living space, it sits comfortably within the average range for its immediate street and neighborhood, making it a manageable size for smaller households or first-time buyers. Its primary appeal lies in its above-average land size (6,625 sqft), placing it in the top 9% within Rossmere-B, which provides valuable outdoor space and potential relative to many area lots.

The home’s assessed value for taxes is $329,000, which is notably higher than the Rossmere-B community average, suggesting the municipal assessment sees solid value in the property or lot. A less obvious perspective is that while the living space is modest by city-wide standards, the combination of a larger, valuable lot with a home of average community size could appeal to those prioritizing yard space over interior square footage, or seeing long-term potential in the land itself.

This property would best suit buyers looking for an entry point into a stable neighborhood without the upkeep of a very large home. It’s a pragmatic choice for first-time homeowners, small families, or investors seeking a property with a strong land-to-building ratio in a mature community.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 950 sqft, the living area is very close to the Rossmere-B neighborhood average (~1,047 sqft) and slightly below the average on its own street. It’s a comfortably average-sized home for the immediate area.

2. Is the tax assessment higher than normal for this area?
Yes. The assessed value of $329,000 is above the Rossmere-B community average of ~$312,000. This can be influenced by factors like lot size, condition, and recent improvements, and it’s wise to understand how this translates to actual property taxes.

3. What stands out about this property’s lot?
The land size is a key feature. At 6,625 sqft, it is significantly larger than the typical lot in Rossmere-B (average ~5,270 sqft), placing it in the top 10% of the community for lot size.

4. When was it last sold, and for how much?
Public data indicates a sale occurred in January 2016, with a reported price range between $200,000 and $250,000. For precise historical sale data, you must request it directly from the source providing this information.

5. Are similar homes available on the same street?
Yes, Helmsdale Avenue has several homes from the same era (1950s) with comparable living areas, as shown in the comparable listings. This provides a clear benchmark for size, age, and value in the direct vicinity.

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