Property Overview: 329 Hazel Dell Avenue, Winnipeg
Key Characteristics & Appeal
This 1950s bungalow in Rossmere-B presents a practical entry point into the Winnipeg housing market. With 890 square feet of living space, it is notably compact, ranking smaller than most homes on its street, in the neighborhood, and across the city. This smaller scale is reflected in its efficient 4,741 sqft lot. However, its municipal assessed value of $331,000 stands out as being above average for both its immediate street and the Rossmere-B area, suggesting the property is viewed favorably relative to its local peers, possibly due to factors like condition, updates, or specific location within the community.
The appeal here is one of value and potential within an established neighborhood. It suits first-time buyers or downsizers seeking a manageable, lower-maintenance footprint without leaving the city. The price point, historically transacting between $250k-$400k in recent years, offers accessibility. A thoughtful perspective is that its above-average assessment for the area, paired with a smaller-than-average size, could indicate either a premium for a well-kept classic home or a solid foundation for someone willing to invest in strategic updates to maximize the property's value over time.
Frequently Asked Questions
1. Is the house in need of major updates due to its age?
Built in 1950, it is typical of its era in Rossmere-B. While the systems (roof, plumbing, electrical) and interior finishes would require a professional inspection, its assessed value being above neighborhood averages may indicate it has been reasonably maintained.
2. How does the smaller living space compare to nearby homes?
At 890 sqft, the living area is below the average for Hazel Dell Avenue (~1,118 sqft) and Rossmere-B (~1,047 sqft). This means it is a cozier layout, which translates to lower utility costs and less upkeep, but may require creative use of space.
3. Why is the tax assessment higher than the neighborhood average?
An assessment above local averages can be influenced by recent comparable sales, the property's condition, specific improvements, and its exact location. It suggests the city views it as having a relatively higher value within its immediate context.
4. What is the typical price range for this home?
Based on available data, it last sold in the $350,000-$400,000 range in late 2024, and in the $250,000-$300,000 range in 2017. For precise historical sale prices, the listing source recommends contacting them directly via email.
5. What are comparable properties in the area like?
The provided comparisons on the same street and in Rossmere-B show a mix of similar-sized and slightly larger homes from the same mid-century period, with a wide range of assessed values, highlighting the variability based on individual property characteristics.