Property Overview
233 Hazelton Drive is a modern, well-sized home in Winnipeg's North Inkster Industrial area. Built in 2022, it offers the benefits of a nearly new construction with minimal initial maintenance. The home's primary strengths are its generous living space and strong assessed value relative to its immediate surroundings.
Key Characteristics & Appeal
This 1,584 sqft home stands out on its own street. It ranks in the top 2% for living area and the top 5% for assessed value among the 64 comparable properties on Hazelton Drive, indicating it is one of the larger and more valuable homes in its direct neighbourhood. Its 2022 build date also makes it one of the newest on the street.
The appeal here is one of modern efficiency in a developing area. Buyers get a home that is significantly newer than the Winnipeg city-wide average, with above-average interior space for both the street and the city overall. However, it's important to note the lot size is more compact, ranking below average for land area at every comparison level. This suggests a home designed for low-maintenance living rather than extensive outdoor space.
This property would suit a buyer looking for a turn-key, modern home who prioritizes interior square footage and new builds over a large yard. It’s ideal for professionals or small families seeking a contemporary layout without the upkeep of an older property. The data suggests it offers a premium experience on its specific street, while presenting a more average value proposition within the broader North Inkster Industrial area.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
The home’s assessed value of $438k is above the city-wide average for comparable properties. It ranks within the top 30% city-wide, meaning it is valued higher than roughly 70% of similar homes across Winnipeg.
2. Is the lot size a concern?
The land area is 2,817 sqft, which is below average for the street, the North Inkster Industrial area, and the city. This means outdoor space is limited. Buyers who want a large yard for gardening or recreation may find this restrictive, while those seeking less lawn maintenance may see it as a benefit.
3. What does the sold price history indicate?
The home sold previously in October 2022 for an estimated price between $400k and $450k. This past sale price range aligns closely with the current $438k assessed value, suggesting stable valuation in recent years.
4. How does it rank for living space in the area?
With 1,584 sqft, it offers more living area than most homes on Hazelton Drive (top 2%) and is above the city-wide average. However, it is slightly below the average living area for the broader North Inkster Industrial district itself.
5. What is the neighbourhood context of North Inkster Industrial?
The area features a mix of property ages and values. This home, built in 2022, is newer than most in the district and the city. The data shows that while this home is a standout on its own street, it falls closer to the middle of the pack for both value and size when compared to the several hundred properties in the wider North Inkster Industrial area.