Property Overview
122 Hazelton Drive is a well-maintained, modern home built in 2017, offering a practical footprint in Winnipeg's North Inkster Industrial area. Its key appeal lies in its balance of contemporary construction and relative value. The home’s assessed value of $404,000 is very close to the average for its immediate street, suggesting a fair and stable pricing within its micro-neighbourhood. While its living space (1,152 sq ft) and lot size (2,819 sq ft) are more compact compared to many homes in the broader area, this translates to lower maintenance and efficient use of space. A notable, less obvious strength is its age relative to the entire city: built in 2017, it is newer than approximately 95% of all Winnipeg homes, which means likely fewer major repairs in the near term and modern building standards.
This property would suit first-time homebuyers or downsizers seeking a modern, move-in-ready home without an oversized yard or excessive square footage to manage. It’s also a sensible fit for value-focused buyers who prioritize a newer build in a stable setting over a larger lot, and for those who appreciate a home priced in line with its direct neighbours, indicating a lower risk of being overvalued for the street.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value of $404,000 is almost identical to the average on Hazelton Drive ($401k), indicating it is priced very typically for its specific street. However, it sits below the average assessed value for the wider North Inkster Industrial area ($484k).
2. Is the living space smaller than average?
Yes. At 1,152 sq ft, the living area is smaller than most homes in the North Inkster Industrial district and is slightly below the average on its own street. This makes for a more efficient, low-maintenance interior layout.
3. What is a key advantage of the home’s age?
Built in 2017, the home is significantly newer than the vast majority of Winnipeg’s housing stock. This “elite” city-wide ranking for year built suggests modern construction, newer major systems (like roof and HVAC), and potentially lower immediate repair costs.
4. How does the lot size impact the property?
The lot is 2,819 sq ft, which is smaller than most in the area and city-wide. This means less outdoor maintenance, which can be an advantage for those not wanting extensive yard work, but offers less private outdoor space than many detached homes.
5. What do past sale prices indicate?
The home last sold in September 2022 for an estimated $400k-$450k. Prior to that, it sold in August 2017 for an estimated $250k-$300k. The increase aligns with market trends over that period. For verified, exact sale prices, a manual lookup can be requested from the site.