163 Hazel Dell Avenue

Property Overview: 163 Hazel Dell Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on a generous 5,071 sqft lot in Kildonan Drive presents a straightforward opportunity. Its key characteristic is value: with a living area of 936 sqft and an assessed value significantly below area averages, it is priced accessibly for the Winnipeg market. The home’s appeal lies in its lot size, which is above average for its immediate street, offering potential for outdoor space, gardening, or future expansion. It features a detached garage and a full, unrenovated basement, providing functional space and a blank canvas for improvements.

This property would best suit a practical buyer—perhaps a first-time homeowner, an investor, or a downsizer—who is comfortable with a home that is smaller and older (built in 1928) than area norms. Its value proposition is rooted in land and location rather than turn-key finishes, appealing to those with renovation plans or who prioritize lower entry costs over modern amenities. A less obvious perspective is that its below-average metrics across the board, while often seen as drawbacks, clearly define its niche as an affordable entry point into a stable neighborhood, minimizing speculation and highlighting tangible utility.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the recent sold price?
Assessed values in Manitoba are for municipal tax purposes and often lag behind current market values, which are determined by what buyers are willing to pay. The recent sale reflects the actual market price.

2. What does "below average" for living area and year built mean for me?
It means this home is physically smaller and older than most in its comparison groups. This typically translates to a lower purchase price but may also mean higher maintenance considerations or renovation desires to modernize.

3. Is the unrenovated basement finished?
The listing states the basement is "not renovated," which typically means it is unfinished or in a basic, utilitarian state. This offers flexibility for future development but no immediate finished living space.

4. How does the lot size compare to nearby properties?
The lot is a standout feature for this specific street, ranking in the top 17% (larger than 83% of comparable lots on Hazel Dell Ave). It is a more average size when compared to the wider Kildonan Drive area and city.

5. How current and reliable is the sold price history shown?
The listed sold price is a range based on public data. For the exact sale price, you must request it directly via the provided email service, as this information is manually verified and not publicly disclosed in full detail.