508 Helmsdale Avenue

Rossmere-B, Winnipeg

Property score

58.2

Fair

Overall 58.2 · Smaller than most nearby homes

917 sqft (bottom 24%) · Built in 1955

Located in a above-average income area with median household income of ~82k

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

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 71%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

58.2 is composed by the two sections below.

Property Score

47.0Low
Living Area917 sqft42Low
Year Built195536Low
Lot Size6,623 sqft85Excellent
Neighbourhood Sales Activity37Low

Community Score

75.0Good
Household Income77Good
Education Level54Fair
Housing Stress93Excellent
Core Housing Need88Excellent
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: #46110700

Community deep dive

$82K

Median household income

$100K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

28%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)525
Labour force participation rate75%
Median age36.8
Avg household size2.4
Unemployment rate13%
Population density3500 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households28%
Couple families with children28%
Median household income (2020)$82K

Housing

Renter households27%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)33%
Visible minority33%
Bachelor's or higher (25–64)26%
Mother tongue (1st)English · 71%
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
917 sqft
0255075100
Same streetBottom 19%Same areaBottom 24%CitywideBottom 18%
Same street · Helmsdale Avenue
#188 / 231
Bottom 19% · Avg 1,162 sqft
Same area · Rossmere-B
#1,195 / 1,567
Bottom 24% · Avg 1,047 sqft
Citywide · Winnipeg
#159,438 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
316k
0255075100
Same streetBottom 39%Same areaTop 45%CitywideBottom 34%
Same street · Helmsdale Avenue
#142 / 231
Bottom 39% · Avg 333.4k
Same area · Rossmere-B
#699 / 1,567
Top 45% · Avg 311.9k
Citywide · Winnipeg
#128,013 / 194,458
Bottom 34% · Avg 390.1k

Year Built

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

Lot Size

above average
6,623 sqft
0255075100
Same streetTop 46%Same areaTop 10%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

508 Helmsdale Avenue — 10 amenities found within 500 m, across 7 categories, including 1 dining (nearest 169 m), 2 education (nearest 387 m), 1 healthcare (nearest 108 m).

Search radius
🍽️Dining1
🏫Education2
🏥Healthcare1
🌳Parks1
Fuel Stations1
Worship3
🏛️Government1

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 12/2020CA$300k–350k
Sold price

Same street

Top 46%

Same area

Top 46%

City-wide

Bottom 39%
Sold 6/2016CA$250k–300k
Sold price

Same street

Bottom 25%

Same area

Bottom 26%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 508 Helmsdale Avenue, Winnipeg

Property Overview: 508 Helmsdale Avenue, Winnipeg

Key Characteristics & Appeal

This 1955-built home in Rossmere-B presents a practical opportunity in Winnipeg's housing market. Its key characteristic is balance: with 917 sqft of living space, it is notably smaller than both street and city averages, but this is offset by a generously sized lot of 6,623 sqft, which ranks in the top 10% within the neighborhood. The assessed value of $316k sits comfortably around the average for the area, suggesting a stable, mid-market investment.

The appeal lies in its efficient footprint and above-average outdoor space, ideal for those who prioritize yard size over interior square footage. It would suit first-time buyers or downsizers looking for a manageable home with room for gardening, pets, or outdoor relaxation in a well-established community. A thoughtful perspective is that its 1955 build year is newer than most on its street, potentially indicating fewer concerns with some aging infrastructure common to the area's oldest homes. The property's value has shown steady, incremental growth through its last two sales, reflecting its reliable, no-frills position in the market.

Frequently Asked Questions

1. Is the living area too small?
At 917 sqft, the home is below average in size for the street, neighborhood, and city. It is best suited for individuals, couples, or small families comfortable with a more compact and efficient layout.

2. How does the lot size compare?
The lot is a significant feature. At over 6,600 sqft, it is larger than approximately 90% of lots in the Rossmere-B neighborhood, offering substantial outdoor space uncommon for homes in this price range.

3. What is the property's value history?
Based on public data, it sold between $250k-$300k in mid-2016 and between $300k-$350k in late 2020. This indicates stable, gradual appreciation over that period.

4. How does its assessed value affect property taxes?
The $316k assessment is around the average for the neighborhood. Taxes would likely be typical for Rossmere-B, but exact figures should be verified with the city.

5. Are there similar homes for comparison?
The listing references several nearby homes on Dunrobin, Kimberly, and Oakview Avenues with similar build years, sizes, and assessed values, providing useful benchmarks for the area's market.

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