537 Helmsdale Avenue

Rossmere-B, Winnipeg

Property score

49.6

Below average

Overall 49.6 · Smaller and older than most nearby homes

756 sqft (bottom 6%) · Built in 1938 (17 yrs older 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, 1 school, 1 healthcare facility, and 3 parks nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Below average

17 yrs older 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

49.6 is composed by the two sections below.

Property Score

32.6Low
Living Area756 sqft22Low
Year Built193822Low
Lot Size7,284 sqft88Excellent
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
756 sqft
0255075100
Same streetBottom 1%Same areaBottom 6%CitywideBottom 7%
Same street · Helmsdale Avenue
#229 / 231
Bottom 1% · Avg 1,162 sqft
Same area · Rossmere-B
#1,468 / 1,567
Bottom 6% · Avg 1,047 sqft
Citywide · Winnipeg
#181,628 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

below average
240k
0255075100
Same streetBottom 1%Same areaBottom 6%CitywideBottom 15%
Same street · Helmsdale Avenue
#228 / 231
Bottom 1% · Avg 333.4k
Same area · Rossmere-B
#1,472 / 1,567
Bottom 6% · Avg 311.9k
Citywide · Winnipeg
#165,342 / 194,458
Bottom 15% · Avg 390.1k

Year Built

below average
1938
0255075100
Same streetBottom 16%Same areaBottom 8%CitywideBottom 19%

Lot Size

Elite
7,284 sqft
0255075100
Same streetTop 7%Same areaTop 2%CitywideTop 15%

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

537 Helmsdale Avenue — 11 amenities found within 500 m, across 7 categories, including 1 dining (nearest 284 m), 1 education (nearest 309 m), 1 healthcare (nearest 229 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🌳Parks3
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 8/2016CA$200k–250k
Sold price

Same street

Bottom 7%

Same area

Bottom 8%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 537 Helmsdale Avenue, Winnipeg

Property Overview: 537 Helmsdale Avenue, Winnipeg

Key Characteristics & Appeal

This home presents a distinct value proposition centered on land potential and affordability. Built in 1938, its 756 sqft living space is notably compact, ranking it well below average size for the street, neighborhood, and city. The assessed value for taxes is similarly positioned below area averages. The defining feature is the generous 7,284 sqft lot, which ranks in the top 2% within the Rossmere-B community, offering significantly more outdoor space than typical local properties.

The primary appeal lies in this combination of a lower price point and a large, valuable lot in an established neighborhood. It suits practical buyers looking for an entry into homeownership with a focus on future potential rather than immediate move-in size. This could be an ideal project for someone willing to renovate or expand the existing structure to capitalize on the lot size, or for a buyer who prioritizes extensive yard space for gardens, recreation, or storage over a large interior. It’s a property where the land is the central asset, and the house represents the adjustable component.


Frequently Asked Questions

1. Why is the living space so much smaller than nearby homes?
As a 1938 build, the home reflects the modest sizes common for its era. Many neighboring properties were constructed later and are larger, which is why this home ranks below average in square footage across all comparison levels.

2. What does the lot size ranking actually mean for me?
Ranking in the top 2% for lot size in Rossmere-B means you are getting a parcel of land that is exceptionally large for this specific community. It provides more privacy, space for additions, or outdoor amenities than nearly all direct neighbors.

3. Is the 2016 sale price relevant today?
The listed 2016 sale price (in the $200k-$250k range) is a historical data point. It primarily shows the home's price trajectory and should not be used to determine current market value, which is better reflected by recent comparable sales and the current tax assessment.

4. How reliable are the "below average" rankings for value and size?
These rankings are statistical comparisons based on available public data. They reliably indicate that this property is more affordable and has a smaller footprint than most homes on its street and in the area. This isn't necessarily negative; it defines the property's niche as a land-opportunity purchase.

5. Where can I find accurate, current sale data for this home?
The page notes that precise, official sale history is not publicly displayed due to industry restrictions. They offer a manual service where you can request this information via email, and a representative will provide the data directly.

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