Property Overview
197 Hazelton Drive is a modern, well-sized home built in 2022, offering a move-in-ready opportunity in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its excellent condition and efficient use of space, presenting a strong value proposition within its immediate neighbourhood.
Key Characteristics & Buyer Profile
This home stands out for its above-average living space (1,584 sq ft) relative to other homes on Hazelton Drive, ranking in the top 2%. It is also notably newer than most homes in Winnipeg, ranking in the top 1% city-wide for its 2022 build year. The assessed value of $412k is above average for the street but sits around the average mark for both the wider area and the city. A key consideration is the land area (2,818 sq ft), which is smaller than the average lot in both the North Inkster Industrial area and Winnipeg overall. This suggests a property designed for low-maintenance outdoor space.
The home would suit buyers seeking a modern property without the wait of new construction, who prioritize interior space and contemporary features over a large yard. It’s a practical choice for first-time buyers or small families looking for a home with minimal immediate upkeep in a developing area. A thoughtful perspective is that while the lot is compact, it may translate to lower maintenance costs and less time spent on yard work, aligning with a simpler lifestyle.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is above the average for Hazelton Drive itself but is around the middle range when compared to the broader North Inkster Industrial area and the entire city. This indicates it is priced consistently with the market for a home of its size and age.
2. What are the implications of the smaller land area?
The lot is below average in size for the area and city. This typically means less exterior maintenance and lower landscaping costs, but it also offers less private outdoor space for gardening, play, or expansion compared to many other properties.
3. The home sold in early 2022. What can that price tell me?
The provided sold price range from February 2022 (CA$350k-400k) reflects the market conditions at that time, near its initial construction. The current assessed value offers a more recent benchmark, but for exact historical sale figures, a manual lookup via the site’s email request service is needed.
4. Is the North Inkster Industrial area primarily commercial?
While the name suggests an industrial zone, the presence of numerous residential properties on Hazelton Drive, including this modern home, indicates a mixed-use or residential enclave within the broader area. Prospective buyers should visit to understand the specific character of the street.
5. Why is the living area considered elite on this street?
The data shows this home has more living space than 98% of the 64 comparable properties on Hazelton Drive. This means it offers more interior square footage than nearly all its direct neighbours, which is a significant advantage for the location.