Property Overview: 169 Hazelwood Crescent
Key Characteristics & Appeal
This 1972-built home on Hazelwood Crescent presents a balanced offering in Winnipeg’s Vista neighborhood. Its primary appeal lies in its generous 6,776 sqft lot, which ranks in the top 6% on its own street and well above averages for both the neighborhood and the city. This provides significant outdoor space and potential not found in many comparable properties.
The home itself, with 950 sqft of living area, is more compact and functional than expansive. It sits comfortably around local averages for assessed value (~$380k), year built, and price, suggesting it’s a typical, fairly priced entry in the market. Its value proposition is clear: you are investing more in the land than in a large existing structure.
This property would suit a first-time buyer or practical downsizer who prioritizes yard space over interior square footage. It’s also a sensible fit for a buyer comfortable with a home from the early 70s, likely viewing it as a solid foundation for future updates. The numbers indicate it’s not a standout in terms of size or assessed value, but its above-average lot size offers a tangible asset and a less obvious opportunity for gardening, expansion, or simply more privacy than the neighbors.
Frequently Asked Questions
1. Is the lot size a major advantage?
Yes. The lot is significantly larger than most on the street and in the wider area. This is the property's standout feature, offering more room for decks, gardens, play areas, or future additions.
2. How does the home’s size compare to others?
The living space is modest. At 950 sqft, it is below the neighborhood (1,120 sqft) and city (1,342 sqft) averages. This indicates a efficient, likely bungalow-style layout, but not abundant room for a large family.
3. Is the assessed value a good indicator of the selling price?
The assessed value of approximately $380k is consistently around average at the street, neighborhood, and city level. This suggests the property is priced in line with the market, but the final sale price will always depend on current demand, condition, and competition.
4. What does the "year built" ranking tell me?
Built in 1972, the home is typical for its immediate area. It is neither a newer build nor a notably older one. Buyers should expect the common maintenance and update considerations for a home of this era.
5. Who is this property best suited for?
It's ideal for a buyer whose priority is land over a large house. This could be a first-time homeowner wanting room to grow outdoors, a downsizer seeking a manageable home with a generous yard, or an investor who sees the lot itself as the primary long-term asset.