Property score
58.1
Fair
Overall 58.1 · 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 88.0 · 1-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)
568
360k
$380/sqft
1955
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58.1 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: #46110703
$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
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
481 Helmsdale Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 195 m), 1 education (nearest 311 m), 1 healthcare (nearest 121 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 16% | Bottom 16% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 481 Helmsdale Avenue, Winnipeg
Key Characteristics & Appeal
This 1955-built home in Rossmere-B presents a practical opportunity centered on value and lot size. At 918 sqft, its living area is modest and below averages for the street, neighborhood, and city, indicating a compact, efficient layout. The standout feature is its 6,198 sqft lot, which is notably larger than most in the Rossmere-B area and above the citywide average, offering valuable outdoor space.
The home’s primary appeal lies in its accessible price point. With an assessed value of $265k, it sits significantly below the average for Helmsdale Avenue ($333.4k) and the broader neighborhood ($311.9k). It last sold for an estimated $200k–$250k in late 2019. This profile suggests a property that may require updates but offers a lower financial barrier to entry in a stable area.
This home would best suit first-time buyers or practical investors seeking a foothold in the market with a yard that has potential. It’s a candidate for those comfortable with a home that may be smaller or older than others on the street but who see value in the land and a manageable tax assessment. It’s less suited for those prioritizing immediate move-in condition or above-average interior space.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighbors?
A lower assessment often reflects factors like the home’s smaller size, age, and condition relative to updated properties on the street. It can result in relatively lower property taxes, which is a benefit for the buyer.
2. What does the lot size mean for me?
At over 6,000 sqft, the lot is larger than many in Winnipeg. This provides ample yard space for gardening, recreation, or future expansion, subject to local zoning regulations.
3. The home is below average in size. What should I expect?
With 918 sqft, the floor plan will be compact. Buyers should anticipate a functional, no-frills layout typical of the era, potentially with smaller rooms. This efficiency can mean lower utility costs and less upkeep.
4. How does the 1955 build year compare?
Built in 1955, this home is newer than many on its street (where the average build year is 1950). While it will have the maintenance considerations of any older home, it may feature post-war construction standards.
5. How can I find out the exact price it last sold for?
The public data shows a sale in December 2019 in the $200k–$250k range. You can request the exact sale price by contacting the site via email for a manual reply.
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