Property Overview: 255 Hazel Dell Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 255 Hazel Dell Avenue in the Rossmere-B neighborhood is a classic, post-war bungalow built in 1951. Its key characteristic is its position as a more affordable entry point into the Winnipeg market. With a living area of 884 sqft, it is notably compact, ranking below the average for its street, neighborhood, and the city overall. This smaller size is reflected in its municipal tax assessment of $278,000, which also sits below local averages.
The primary appeal lies in its value proposition and established location. The lot size of 4,747 sqft is generous for the home's scale, offering outdoor space potential. It suits first-time homebuyers or investors seeking a lower-cost property with foundational equity in a mature community. It may also appeal to downsizers looking for a manageable footprint. A thoughtful perspective is that while the home is below average in size and assessed value now, these same factors could represent a lower barrier to entry and a clearer opportunity for adding value through updates, compared to a home that's already at the peak of its immediate market.
Section 2: Frequently Asked Questions
1. What is the likely price range for this home?
Based on the provided data, the last known transaction was between $200,000 and $250,000 in mid-2019. The current tax assessment is $278,000. A realistic price would be influenced by current market conditions, the home's interior condition, and recent comparable sales, likely falling somewhere in the range suggested by these two figures.
2. How does the smaller living space impact livability?
At 884 sqft, the floor plan will be efficient. This emphasizes the importance of a functional layout and may require creative storage solutions. The trade-off for the smaller interior is often a lower purchase price and potentially lower utility costs.
3. What should I consider about a home built in 1951?
While the construction year is typical for the area, key considerations include the age and condition of major systems like plumbing, electrical, and the roof. A thorough home inspection is essential to budget for any necessary updates or repairs common to homes of this era.
4. The tax assessment is below average. Is that good or bad?
It can be a double-edged sword. A lower assessment often correlates with a lower property tax bill, which is a positive ongoing cost saving. However, it also generally reflects the home's current market valuation relative to others, often due to its smaller size and older features.
5. How accurate is the historical sales data provided?
The site notes that its transaction data is sourced from public records, not the MLS, and is presented as an estimate or range. For precise, verified sales history, they recommend contacting them directly for a manual search, as absolute accuracy cannot be guaranteed from the public figures alone.