Property Overview: 224 Hazel Dell Avenue, Winnipeg
Key Characteristics & Appeal
This home at 224 Hazel Dell Avenue in the Rossmere-B neighborhood presents a balanced and practical offering. Its primary appeal lies in being a well-situated, modernized home within its local context, avoiding the extremes of the market.
The standout feature is the 1977 build year, which is significantly newer than most homes on its street and in the wider community. This suggests updated infrastructure and potentially fewer immediate maintenance concerns compared to the area's average home built in the 1950s. With 1,116 sqft of living space, it offers slightly more room than the neighborhood average, fitting comfortably between cozy and spacious.
Its municipal tax assessment of $313,000 aligns closely with local averages, indicating a stable, middle-of-the-market valuation. Notably, the land size is compact at 2,501 sqft, which means lower yard maintenance but less private outdoor space—a trade-off that suits certain lifestyles.
This property would best suit buyers looking for a move-in-ready home in a mature neighborhood without the quirks and renovation projects often associated with much older properties. It’s a sensible choice for first-time homeowners, small families, or downsizers who prioritize a modernized interior and manageable upkeep over a large lot.
Frequently Asked Questions
1. How does the 1977 build year actually benefit me?
A newer build year typically means more modern electrical wiring, plumbing, and insulation standards. It often translates to greater energy efficiency and lower likelihood of major system replacements in the near term compared to a home built in the 1940s or 50s.
2. The lot size is noted as "below average." How significant is this?
The lot is compact, which limits expansive gardening or large outdoor recreation space. However, this also means significantly less time and money spent on lawn care and landscaping—a notable advantage for those seeking a low-maintenance lifestyle.
3. What do the past sale price ranges indicate?
The data shows sale price ranges in 2016 and 2021, suggesting steady market activity. The ranges indicate appreciation over that period, but for precise figures to inform an offer, you would need to request the exact historical data from the site provider.
4. Is the tax assessment a reliable indicator of market value?
Municipal assessments are for taxation purposes and can lag behind the current market. They are a useful benchmark showing the home is valued in line with its immediate area, but the final market price is determined by current supply, demand, and condition.
5. How does this home compare to others on the same street?
It ranks highly for its newer construction and is average for living space and assessed value on Hazel Dell Avenue. The key differentiator is its age; it's one of the newest homes on the block, while its living space and value are typical for the street.