437 Helmsdale Avenue

Rossmere-B, Winnipeg

Property score

58.4

Fair

Overall 58.4 · Smaller than most nearby homes

918 sqft (bottom 24%) · Built in 1955

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

Transit 80.0 · 3-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

12% 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 Area918 sqft42Low
Year Built195536Low
Lot Size6,619 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

below average
918 sqft
0255075100
Same streetBottom 20%Same areaBottom 24%CitywideBottom 18%
Same street · Helmsdale Avenue
#185 / 231
Bottom 20% · Avg 1,162 sqft
Same area · Rossmere-B
#1,184 / 1,567
Bottom 24% · Avg 1,047 sqft
Citywide · Winnipeg
#159,268 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
313k
0255075100
Same streetBottom 35%Same areaTop 48%CitywideBottom 33%
Same street · Helmsdale Avenue
#151 / 231
Bottom 35% · Avg 333.4k
Same area · Rossmere-B
#754 / 1,567
Top 48% · Avg 311.9k
Citywide · Winnipeg
#129,931 / 194,458
Bottom 33% · Avg 390.1k

Year Built

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

Lot Size

above average
6,619 sqft
0255075100
Same streetBottom 37%Same areaTop 14%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

437 Helmsdale Avenue — 8 amenities found within 500 m, across 6 categories, including 1 dining (nearest 274 m), 1 education (nearest 230 m), 1 healthcare (nearest 234 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 4/2019CA$200k–250k
Sold price

Same street

Bottom 11%

Same area

Bottom 12%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 437 Helmsdale Avenue, Winnipeg

Property Summary: 437 Helmsdale Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This Rossmere-B home, built in 1955, presents a practical opportunity in Winnipeg's housing market. Its key characteristic is balance: with 918 sqft of living space, the home is compact and manageable, while its 6,619 sqft lot is notably larger than most in the neighborhood, offering valuable outdoor space. The assessed value of $313k aligns closely with area averages, suggesting a fairly priced entry point.

The appeal lies in its efficiency and potential. The smaller living footprint translates to lower utility costs and less maintenance, appealing to those seeking simplicity. The generous lot size is a significant asset, providing room for gardens, play areas, or future expansion—a feature becoming rarer in mature neighborhoods. As one of the newer homes on its street, it may also benefit from somewhat updated infrastructure compared to immediate neighbors.

This property would suit first-time buyers, downsizers, or practical investors looking for a solid, no-frills home in a stable area. It’s for someone who values a larger yard over a larger house and sees the manageable interior as a canvas for gradual updates rather than a project requiring immediate major investment.


Section 2: Frequently Asked Questions

1. Is the living area considered small?
Yes, at 918 sqft, it is below the average for Winnipeg. However, it is quite typical for the Rossmere-B neighborhood and represents a more efficient, cost-effective use of space.

2. How does the lot size compare?
This is a standout feature. The lot is significantly larger than the neighborhood average (5,270 sqft) and above the city average, offering more private outdoor space than most comparable properties.

3. What does the assessed value tell us?
The $313k assessment is very close to the neighborhood average, indicating the property is priced in line with its immediate market. It's not undervalued, but also not carrying a premium based on current assessments.

4. The home sold in 2019. What does that price history indicate?
Public records show it last sold for an estimated $200k-$250k in April 2019. This historical data is useful for understanding market trends but does not directly determine current value, which is influenced by today's market conditions and any updates made since.

5. Who are the likely neighbors?
The nearby comparable homes are primarily similar 1950s-era houses, suggesting a neighborhood of consistent character and value. The close proximity of homes with almost identical assessed values (e.g., 420 Helmsdale at $313k) indicates a stable, uniform streetscape.

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