Property Overview & Key Characteristics
This home at 290 Hazelwood Avenue in Winnipeg's Meadowood neighbourhood presents a compelling, grounded opportunity. Built in 1976, its key appeal lies in its strong relative standing within its immediate area. The house is newer than most on its street (ranking in the top 3%), and it offers above-average living space and a larger-than-typical lot for Hazelwood Avenue. This suggests a well-situated property that avoids feeling cramped.
The appeal is in the numbers: you get more house and land relative to your direct neighbours, while the assessed value remains sensible and in line with the broader area. It’s a home that likely offers good value within its specific community context, rather than just city-wide averages. It would suit a practical buyer—perhaps a first-time homeowner, a small family, or an investor—who prioritizes space, a established neighbourhood, and getting more for their money compared to nearby alternatives. The 2023 sale indicates active market interest, and the property's consistent above-average rankings on its street suggest it's a solid contender in its local market.
Frequently Asked Questions
1. What does the "Elite" ranking for Year Built actually mean?
It means this home, built in 1976, is one of the newest on Hazelwood Avenue. Only one other home on the street is ranked as newer. In an area with many homes built in the early 1970s, this can imply potentially fewer age-related issues or updates.
2. The assessed value seems low compared to the recent sold price. Why?
The assessed value (for tax purposes) is often lower than market value. The sold price range from 2023 reflects what a buyer actually paid in the open market, which is influenced by current demand, condition, and features not fully captured in the assessment.
3. How does the lot size compare in practical terms?
At 5,874 sqft, the lot is larger than about 75% of lots in Meadowood. This translates to more usable outdoor space, greater privacy from neighbours, and potentially more room for additions, gardens, or play areas than is typical for the area.
4. The living area is above average for the street but average for the neighbourhood. Is that good?
This is a positive nuance. It means that on its specific street—your most direct comparison—the home offers more interior space than most. You're getting a relatively larger home in its immediate setting.
5. How can I find out the exact sold price from 2023?
The listing service provides the sold price range publicly. To obtain the exact figure, you need to request it directly via the email link provided on the detail page. The service manually verifies and sends the accurate price, typically by the end of the same business day.