Property Overview: 209 Hazelwood Crescent
Key Characteristics & Appeal
This 1971-built home in Vista offers a distinct value proposition centered on its exceptional outdoor space. With a living area of 946 sqft, the interior is functional and slightly below the neighborhood average, suggesting a manageable, efficient layout. Its official assessed value for taxes is also below local averages, indicating a potentially lower property tax burden.
The property’s standout feature is its expansive 8,432 sqft lot, which ranks in the top 1% on its street and the top 10% city-wide. This presents a major opportunity for buyers who prioritize private outdoor space, gardening, expansion, or future development over a large existing footprint. The home suits first-time buyers or downsizers seeking a lower entry point into the market with room to grow outdoors, as well as value-conscious buyers looking for a property where the land itself represents significant long-term value and potential. Its appeal lies in a balanced trade-off: a modest, maintainable home on a premium-sized lot in a well-established area.
Frequently Asked Questions
1. Is the below-average living space a concern?
The living area is efficient and may be ideal for those seeking easier maintenance. However, it’s important to view the home in person to ensure the layout meets your daily needs, as the space is smaller than many in the immediate area.
2. What does the below-average tax assessment mean for me?
A lower assessed value typically translates to lower annual property taxes compared to similar-sized homes on the street. This is a practical, ongoing cost savings. It does not directly dictate market selling price.
3. How significant is the large lot size in practice?
It is the property's defining advantage. It offers rare privacy and space for recreation, gardening, or adding structures like a large shed, deck, or even an addition (subject to zoning and permits). It future-proofs the property for outdoor living.
4. As a 1971 build, what should I be aware of?
The age is typical for the street and city. A thorough inspection is crucial to assess the condition of major systems (roof, wiring, plumbing, foundation) and any updates that may have been made. Its ranking suggests it's neither notably newer nor older than most peers.
5. The rankings show different comparisons. Which is most important?
It depends on your priorities. The street ranking shows how you compare to your immediate neighbors. The lot size is exceptional here. The community (Vista) and city rankings provide a broader context for value and size, showing this home offers more land than you’d typically find for its price point in Winnipeg.