Property Overview: 218 Hazelton Drive, Winnipeg
Key Characteristics & Appeal
This home at 218 Hazelton Drive is a modern property, built in 2022, situated in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its new construction, offering a move-in-ready home with contemporary building standards and minimal immediate maintenance. With 1,133 sqft of living space and an assessed value of $385k, it presents a more compact and affordable option within the newer home segment.
The data reveals a nuanced picture. While the living space and lot size (2,503 sqft) are below average for its immediate street and industrial-area neighbourhood, the home is newer than over 99% of all properties citywide. This creates a unique value proposition: you are trading space for modernity. The assessed value is notably below the area average, which may indicate a competitive entry point into a newer build.
This property would best suit first-time homebuyers or downsizers who prioritize a modern, low-maintenance home over larger square footage and yard size. It’s also a practical fit for investors or buyers looking for a newer asset in an industrial-zoned area, potentially balancing affordability with newer infrastructure.
Frequently Asked Questions
1. Is this a good value compared to other homes in the area?
The assessed value is below the neighbourhood average, which suggests a competitive price point. However, this is reflected in the home's smaller living area and lot size compared to nearby properties. Value depends on how much you prioritize a newer build versus more space.
2. What does the "North Inkster Industrial" zoning mean for daily living?
This is a key consideration. An industrial area may offer more affordable property taxes and proximity to transportation routes, but it can also mean commercial traffic, noise, and different neighbourhood character compared to a purely residential zone. It's advisable to visit at different times of day.
3. The home is very new. Are there any potential drawbacks to that?
While a 2022 build means fewer immediate repairs, it’s still within the typical window for builder warranty coverage. A prudent step would be to clarify what warranties remain transferable and consider an inspection to identify any early-stage settling or construction issues that need addressing.
4. How does the smaller lot size affect outdoor space?
With a lot size ranking in the bottom 5% for the city, outdoor private space is limited. This suits those who prefer minimal yard upkeep but may not be ideal for gardening, large gatherings, or adding significant expansions like a large deck or garage.
5. Where can I get verified historical price data for this home?
The sold price data shown is based on public records. For fully verified and exact transaction history, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.