Property Overview
18 Hazelton Drive presents a well-maintained home built in 2016, offering a practical blend of modern construction and efficient space. Its appeal lies in its strong relative value and sensible layout. The 1,533 sqft living area is notably above average for its immediate street and the wider city, suggesting a comfortable and efficient use of space. With an assessed value of $388k, it sits at a competitive point, being around the city-wide average but below the average for the broader North Inkster Industrial area. This positions it as a potentially cost-effective entry into a newer home. The lot size of 3,197 sqft is generous for the street, offering good outdoor space for a property of this vintage.
This home would suit first-time buyers or downsizers looking for a modern, low-maintenance property without a premium price tag. It’s also a pragmatic choice for value-focused investors or buyers who prioritize a newer building envelope and efficient floor plan over a large city-sized lot. A less obvious perspective is that its "below average" value within its area could represent a relative opportunity, especially paired with its above-average living space for the street—it offers more interior room than many neighbours for a lower assessed value per square foot.
Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value of $388k is an administrative figure for tax purposes. Market value is determined by current buyer demand. The data shows it's below the average assessed value for the North Inkster Industrial area, which may indicate room for market appreciation, but a professional appraisal or comparative market analysis is essential.
2. What does the lot size mean for maintenance and potential expansion?
At 3,197 sqft, the lot is larger than most on Hazelton Drive, providing good private outdoor space. However, it's smaller than the typical Winnipeg lot. This means manageable yard maintenance but may limit possibilities for large additions or detached structures compared to properties on larger, older city lots.
3. The home sold in 2016. What can that history tell me?
The property last sold when it was new, for an estimated $250k-$300k. This establishes a baseline and shows one owner over the last decade. For a full, verified sales history, you can request the exact figures via email from the site.
4. Is the North Inkster Industrial area primarily residential?
Yes, this is a residential neighbourhood. The "Industrial" in its name is a historical or district designation. The listing and comparable properties are all single-family homes, and the area is comprised of residential streets like Hazelton Drive.
5. How does the age of the home (10 years) affect immediate costs?
A 2016 build is still considered modern, meaning major components like the roof, furnace, and windows are likely in good condition and built to recent codes. This can offer significant savings in the first few years of ownership compared to an older home, though standard maintenance should still be budgeted for.