Property Overview & Key Characteristics
This home at 344 Hazel Dell Avenue in Winnipeg's Rossmere-B neighborhood presents a solid, above-average offering within its immediate area. Built in 1959, it is notably newer than most homes on its street, ranking in the top 5% for year built locally. With 1,114 sqft of living space and a 4,999 sqft lot, its size is very typical for the street and neighborhood. The current assessed value of $349k stands above the local and neighborhood averages, indicating it is viewed as a higher-value property in its peer group.
Its appeal lies in its established, consistent setting. The data suggests a street of similar-sized homes where this property holds a relative advantage in its newer construction date and higher assessment. It would suit a buyer looking for a move-in ready home in a mature neighborhood without the unknowns or potential maintenance of an older house. The price history shows significant appreciation between its 2020 and 2022 sales, pointing to strong demand for homes of this type in the area.
A thoughtful perspective is that this home represents stability rather than outlier potential. Its metrics are consistently "above average" within its immediate context but "around average" citywide, suggesting it's a reliable choice within its market segment rather than a unique find. Its value appears to be in its relative modernity and position on a street of comparable properties.
Frequently Asked Questions
1. How does this home's value compare to others nearby?
The home's assessed value ($349k) is above the average for both its street ($318.2k) and the Rossmere-B neighborhood ($311.9k), ranking in the top 17% and 14% respectively. This suggests it is considered a higher-tier property in its local market.
2. Is the home older or newer than others in the area?
It is newer than most. Built in 1959, it ranks in the elite top 5% for year built on Hazel Dell Avenue, where the average home was built around 1950. It is also newer than the neighborhood and city averages.
3. What do the past sale prices indicate?
The home sold in early 2020 for an estimated $250k-$300k and again in early 2022 for an estimated $400k-$450k. This indicates a period of substantial value increase, consistent with broader market trends during those years.
4. How does the lot and living space size compare?
Both are very typical for the area. The 1,114 sqft living area is almost identical to the street average (1,118 sqft). The 4,999 sqft lot is slightly below the street average (5,045 sqft) but well within the normal range.
5. Who are the likely competing buyers for this property?
Given its above-average assessment for the area and newer construction, it would likely attract buyers who prioritize a home with potentially fewer age-related issues than its neighbors, and who see value in a property that already commands a premium within its immediate peer group.