Property Overview: 272 Hazel Dell Avenue, Winnipeg
Key Characteristics & Appeal
This home at 272 Hazel Dell Avenue in the Rossmere-B neighborhood presents a compelling mix of modern convenience and practical trade-offs. Its standout feature is its age; built in 2015, it is among the newest homes on its street and in the wider area, ranking in the top 1-2%. This translates to likely benefits such as modern building codes, energy efficiency, and minimal immediate repair needs. With 1,200 sqft of living space, it offers slightly more room than the local average and carries an assessed value of $351k, which is above average for both the street and the neighborhood.
The appeal here is rooted in move-in readiness and modern construction within an established community. It suits first-time buyers or those looking to downsize who prioritize a newer, low-maintenance home without venturing into far-flung new developments. It’s also a sensible choice for buyers wary of the hidden costs and surprises often found in older properties.
A key consideration is the lot size. At 2,701 sqft, the property sits on a significantly smaller parcel than most in the area, ranking in the bottom 3% locally. This limits expansive outdoor space but could be a plus for buyers seeking a manageable yard with less upkeep. The home last sold in March 2022 for an estimated $400k-$450k, indicating a market value that has historically exceeded its current assessed value.
Frequently Asked Questions
1. What are the main advantages of this home compared to others in Rossmere-B?
The primary advantage is its modern build year (2015). You benefit from newer systems, insulation, and likely lower maintenance costs compared to the neighborhood's predominantly 1950s housing stock.
2. How does the smaller lot size impact the property?
The lot is considerably smaller than typical for the street and city. This means less private outdoor space for gardening or recreation, but also significantly less yard work. It may also influence future expansion potential.
3. The assessed value is $351k, but it sold for more in 2022. What does this mean?
Municipal assessed value for taxes doesn't always equal current market value. The 2022 sale price suggests the market has previously valued this newer home at a premium. A buyer should seek a current market appraisal to understand today's value.
4. Who would this property be most suitable for?
It's ideal for buyers seeking a modern, "lock-and-leave" home in an established neighborhood—think young professionals, small families, or downsizers who value interior space and new builds over a large yard.
5. What is the neighborhood context for this property?
The home sits on a street where it is newer and more valuable than average, but on a much smaller plot. This creates an interesting dynamic: you own a top-tier home in terms of age and condition, on a lot that is atypical for the area.