Property Overview: 355 Hazel Dell Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of modern convenience and established neighborhood living. Its primary appeal lies in being a notably newer construction (built in 2021) within the mature Rossmere-B area, meaning it offers contemporary building standards and minimal immediate maintenance concerns in a settled community. The 1,228 sqft living area is above average for both its immediate street and the wider neighborhood, providing good interior space.
The data reveals a clear story: this property holds an elite standing in terms of its assessed value and newness compared to its direct neighbors, ranking in the top 5% on its street and top 2% in the neighborhood for value. This suggests it is viewed as a premium asset in its local context. However, the lot size is significantly smaller than area norms, which is a key trade-off. This makes the home ideal for buyers who prioritize a modern, low-maintenance interior and efficient use of space over a large yard. It would suit first-time buyers seeking a turn-key home, downsizers looking for a manageable property without sacrificing modern amenities, or investors attracted by the strong assessed value and desirability of a newer build in an older community.
Frequently Asked Questions
1. Why is the assessed value so much higher than neighboring homes?
The assessed value reflects the home's recent construction year (2021). Compared to the many older homes in Rossmere-B (often built in the mid-1900s), this property benefits from modern materials, systems, and building codes, which translate to a higher valuation.
2. What are the implications of the smaller lot size?
The lot is approximately half the size of a typical lot on the street. This means lower exterior maintenance (less grass to cut, fewer garden beds to manage) but also limited space for expansions like large decks, sheds, or pools. It promotes a more low-maintenance, indoor-focused lifestyle.
3. The home sold recently in 2021 and 2022. What does that indicate?
The quick resale could be due to various personal circumstances of the previous owners and does not inherently signal an issue. It does, however, provide recent market price points (in the $400k-$550k range) which are valuable for establishing current value trends.
4. How does this home compare to a similar new build in a suburban development?
Unlike a new build in a developing suburb, this home offers the established trees, community character, and mature infrastructure of the Rossmere-B neighborhood. You're trading the possibility of a larger, standard-sized lot in a new subdivision for an integrated location in a long-standing area.
5. What is the likely balance of interior space versus outdoor space?
The home is configured for efficient, modern living with above-average interior square footage for the area. The trade-off is that this space efficiency comes from a smaller footprint on a smaller lot, meaning outdoor private space will be more compact and functional rather than expansive.