529 Helmsdale Avenue

Rossmere-B, Winnipeg

Property score

51.8

Fair

Overall 51.8 · Smaller but newer than most nearby homes

768 sqft (bottom 7%) · Built in 1956 (1 yr newer than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 2 parks nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Above average

1 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

51.8 is composed by the two sections below.

Property Score

36.4Low
Living Area768 sqft22Low
Year Built195643Low
Lot Size6,622 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
768 sqft
0255075100
Same streetBottom 2%Same areaBottom 7%CitywideBottom 7%
Same street · Helmsdale Avenue
#226 / 231
Bottom 2% · Avg 1,162 sqft
Same area · Rossmere-B
#1,460 / 1,567
Bottom 7% · Avg 1,047 sqft
Citywide · Winnipeg
#180,149 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

below average
294k
0255075100
Same streetBottom 16%Same areaBottom 29%CitywideBottom 28%
Same street · Helmsdale Avenue
#195 / 231
Bottom 16% · Avg 333.4k
Same area · Rossmere-B
#1,113 / 1,567
Bottom 29% · Avg 311.9k
Citywide · Winnipeg
#140,813 / 194,458
Bottom 28% · Avg 390.1k

Year Built

above average
1956
0255075100
Same streetTop 19%Same areaTop 29%CitywideBottom 36%

Lot Size

above average
6,622 sqft
0255075100
Same streetBottom 46%Same areaTop 11%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

529 Helmsdale Avenue — 11 amenities found within 500 m, across 7 categories, including 1 dining (nearest 262 m), 2 education (nearest 331 m), 1 healthcare (nearest 202 m).

Search radius
🍽️Dining1
🏫Education2
🏥Healthcare1
🌳Parks2
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 9/2017CA$200k–250k
Sold price

Same street

Bottom 8%

Same area

Bottom 8%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 529 Helmsdale Avenue, Winnipeg

Section 1: Property Overview

This home at 529 Helmsdale Avenue presents a specific value proposition centered on its lot and location rather than its size. Its key characteristic is a notable imbalance: the living area is compact at 768 sq ft, ranking well below averages for the street, neighborhood, and city. However, it sits on an above-average lot size for the Rossmere-B area, offering generous outdoor space. The 1956 build is newer than many nearby homes, and its assessed value of $294k is positioned below area averages.

The appeal lies in a lower entry point into a stable neighborhood, ideal for buyers comfortable with a smaller interior footprint who prioritize yard space, gardening, or future expansion potential. It would suit first-time buyers, downsizers seeking manageable indoor maintenance but who still want a garden, or investors looking for a rental property with a competitive assessed value. A thoughtful perspective is that this property represents the "land value" more than the "structure value," which could be attractive for those viewing the home as a long-term hold with renovation or redevelopment potential down the line.

Section 2: Frequently Asked Questions

1. Why is the living area significantly smaller than nearby homes?
The data confirms this home's interior is notably more compact than most in the area. This is a key factor in its below-average assessed value and may reflect its original design or a lack of past expansions seen in neighboring properties.

2. How does the lot size compare, and why does it matter?
The lot is a standout feature. At 6,622 sq ft, it is larger than approximately 89% of lots in the Rossmere-B neighborhood. This provides valuable outdoor space, which is a permanent asset, unlike an interior which can potentially be renovated or expanded.

3. What does the assessed value tell me about this property?
At $294k, the assessment is below the local average, which generally aligns with its smaller size. It suggests municipal taxation may be relatively lower, but the sale price will be determined by the market. The last known sale was between $200k-$250k in 2017.

4. Is the 1956 build date a concern?
The build year is actually above average for the immediate street and neighborhood, meaning the structure is relatively newer than many surrounding homes. As with any older home, a thorough inspection is essential to understand the condition of major systems and the roof.

5. Who might this property not be suitable for?
It's likely not a fit for buyers needing substantial immediate living space, such as growing families, or for those who prefer a move-in-ready home with modern, open layouts. The value here is for a buyer who sees potential in the land and location and is willing to work with or update a smaller interior footprint.

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