Property Summary: 173 Hazel Dell Avenue
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1924, situated on a generously sized lot in Winnipeg's Kildonan Drive area. Its key characteristic is the balance between a modest, renovated living space (846 sq ft) and a land area (5,368 sq ft) that is notably larger than most on its street. This presents a specific value proposition: you are purchasing primarily for the land and location, with a functional, updated basement, rather than for expansive interior square footage.
The appeal lies in its affordability and potential. The assessed value is below area averages, making it an accessible entry point into the market. The large lot offers tangible utility—room for gardening, pets, or future expansion—which is a premium in many neighborhoods. It would suit a first-time buyer comfortable with a cozy footprint, a downsizer seeking minimal interior maintenance but wanting outdoor space, or an investor looking for a land-value play with a rentable dwelling. A less obvious perspective is that a home of this age and size on such a lot can represent a "blank canvas," offering the possibility to build new or add on in the future, which is often not an option with newer homes on smaller, subdivided lots.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 846 sq ft, the living area is below average for the street, city, and area. It is a compact layout suited for individuals, couples, or small families who prioritize efficient living and outdoor space over large interior rooms.
2. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. This is a key detail to clarify with the seller or agent to understand if it's a finished living space, updated utilities, or both, and whether it includes a separate entrance.
3. Why is the assessed value relatively low?
The assessed value is below local averages, which typically reflects the home's smaller size and older age. It's important to note that municipal assessed value is for tax purposes and often differs from current market value.
4. What are the implications of a 1924 build date?
While offering classic character, a home from this era may have older building materials and systems. A thorough inspection is advised to understand the condition of the foundation, wiring, plumbing, and insulation, balanced against the benefits of a renovated basement.
5. How does the large lot add value?
The lot is significantly larger than others on Hazel Dell Avenue. This provides more private outdoor space, potential for landscaping or recreation, and could be a long-term asset for expansion or redevelopment, subject to local zoning bylaws.