Property score
61.8
Fair
Overall 61.8 · Compared with neighbourhood average
1,050 sqft (top 40%) · Built in 1955
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
Near average
0% larger 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)
568
360k
$380/sqft
1955
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61.8 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: #46110700
$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
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
556 Helmsdale Avenue — 11 amenities found within 500 m, across 7 categories, including 1 dining (nearest 316 m), 1 education (nearest 313 m), 1 healthcare (nearest 281 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 30% | Bottom 29% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 556 Helmsdale Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1955-built home in Rossmere-B offers a solid, no-surprises foundation in a mature neighbourhood. With 1,050 sqft of living space, it sits close to the average for both its street and community, indicating a comfortable, standard layout for the area. Its primary appeal lies in its above-average positioning on several key metrics relative to its immediate surroundings. The property holds a notably high assessment value within the Rossmere-B community (top 15%), suggesting it is well-regarded for tax purposes compared to neighbours. The lot size is a significant asset, ranking in the top 11% of the community, offering more outdoor space than most nearby properties.
The home would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a stable investment in an established area over a brand-new build. It appeals to those who see potential in a larger lot and a home that already stands above the local average in assessed value, possibly indicating better upkeep or favourable attributes. It’s a property for someone comfortable with a home from the 1950s, likely looking for a balance of space, location, and long-term value without extreme outliers in size or price.
Section 2: Frequently Asked Questions
1. What does the “above-average assessment within the community” ranking actually mean?
It means the municipal property tax assessment for this home is higher than 85% of similar homes in Rossmere-B. This often reflects factors like lot size, condition, or improvements relative to neighbours, but it also directly influences your annual property tax bill.
2. How does the 2020 sale price (listed as $250k-$300k) relate to the current tax assessment of $346k?
The sale price from late 2020 represents the market value at that time. The current tax assessment is the city’s valuation for taxation purposes, which can differ from market value. The increase highlights market movement and reassessment, but the actual list or sale price would be determined by current market conditions.
3. The lot is larger than most in Rossmere-B. What are the implications?
A larger lot (6,622 sqft) provides more private outdoor space and potential for gardening, expansion, or additions (subject to zoning). It’s a tangible asset that typically holds long-term value and offers more flexibility than a standard-sized lot in the same area.
4. The home was built in 1955. What should I consider?
While the build year is older than average for its specific street, it is typical for the neighbourhood. Key considerations would be the age and condition of major systems (roof, wiring, plumbing, foundation) and windows, which may have been updated over time. A thorough inspection is essential.
5. How does this home compare to others on Helmsdale Avenue?
On its own street, the home is very close to average in living and lot size. Its standout feature on the street is its higher tax assessment value (top 29%) and slightly newer build year (top 20%), suggesting it may be a comparatively well-maintained or favorably positioned property on the block.
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