98 Hazelton Drive

Property Overview: 98 Hazelton Drive, Winnipeg

Key Characteristics & Appeal

This is a modern, efficiently sized single-family home built in 2017, offering a low-maintenance foundation for its next owners. With 1,150 sqft of living space and a 2,818 sqft lot, it presents a compact footprint that stands out in context: its living area is smaller than most in the immediate North Inkster Industrial area, but is actually close to the city-wide average. This suggests a home designed for practicality over sheer size.

Its primary appeal lies in its contemporary age and solid value positioning. The $409k assessed value is very close to the average for its street and sits below the average for the broader neighbourhood, indicating a potentially accessible entry point into a newer build. A key, less obvious perspective is its city-wide standing for year built: ranking in the top 5% of all Winnipeg homes, it is a genuinely newer property in a housing stock where the average home was built in 1966. This typically translates to newer major systems, modern building codes, and fewer immediate renovation concerns.

The property would suit first-time buyers or downsizers seeking a modern, move-in-ready home without a massive yard to maintain. It’s also a sensible fit for value-conscious buyers who prioritize the efficiency and lower upkeep of a newer construction over expansive square footage or a large lot.

Frequently Asked Questions

1. How does the sold price compare to the assessed value?
The home sold between $400k-$450k in August 2024. The assessed value is $409k, which falls within that sold price range and is consistent with averages on its street.

2. Is the living space too small?
At 1,150 sqft, it's below the average for the North Inkster Industrial area. However, it is very close to the Winnipeg city-wide average. It's a compact layout best suited for individuals, couples, or small families who prioritize efficient use of space.

3. What does the "Elite" ranking for Year Built mean?
This means the home, built in 2017, is newer than approximately 95% of all residential properties in Winnipeg. This is a significant advantage in a market with many older homes, suggesting newer roofing, HVAC, windows, and electrical systems.

4. Why is the lot size ranked "below average" city-wide?
The lot is 2,818 sqft. The average lot across Winnipeg is significantly larger at 6,570 sqft. This is typical for newer subdivisions and translates to less exterior maintenance, but also less private outdoor space compared to older neighbourhoods.

5. Where can I get verified sale history and exact sold prices?
The site provides sold price ranges based on public data. For fully verified figures and exact transaction history, you must request a manual lookup by email, as this information is not sourced from the MLS system.