Property Overview: 221 Hazel Dell Avenue, Winnipeg
Key Characteristics & Appeal
This home at 221 Hazel Dell Avenue in the Rossmere-B neighborhood is a classic Winnipeg post-war bungalow, built in 1951. With 936 sqft of living space and a 4,749 sqft lot, it presents a practical and affordable entry point into the market. Its core appeal lies in its established, no-surprises profile within a mature neighborhood.
The data reveals a property that is consistently "around average" for its immediate area in terms of assessed value (~$310k) and age, but with a living area and lot size that are modestly below the street and neighborhood averages. This suggests a home that may be cosier and require less yard maintenance than others nearby. A key, less obvious perspective is its sales history: it last sold in March 2025 for an estimated $400k-$450k, a significant jump from its 2016 and 2020 sale prices in the $250k-$300k range. This indicates strong recent market momentum and buyer confidence in this specific location.
This property would best suit first-time buyers or downsizers seeking a manageable, lower-maintenance home in a settled community. It’s also a candidate for value-conscious investors or buyers who prioritize location and lot potential over move-in-ready size, seeing the compact footprint as an opportunity for efficient living or future updates.
Frequently Asked Questions
1. How does this home compare to others on the street?
It is very typical for Hazel Dell Avenue in terms of age and assessed value. However, at 936 sqft, the living space is somewhat smaller than the street average of 1,118 sqft, and the lot is also slightly below the street's average size.
2. What does the recent sale price tell us?
The home sold in March 2025 for an estimated $400k-$450k. This placed its sale price in the top 9% for the street and top 5% for the neighborhood at that time, suggesting it attracted strong interest and may have had updates or features not fully reflected in the assessed value.
3. Is the Rossmere-B neighborhood a good investment?
The data shows the home's assessed value is firmly around the neighborhood average. The consistent sales activity and the substantial price increase from its 2020 sale suggest the area has seen healthy appreciation and sustained demand.
4. What are the main compromises with this property?
The primary trade-off is space. Both the interior square footage and the lot size are below the averages for the immediate area and the wider city. Buyers seeking ample room for growing families or extensive outdoor projects may find it limiting.
5. Where can I see more detailed comparisons?
You can view an interactive neighborhood analysis map to compare this property directly with nearby homes based on year built, living area, assessed value, and lot size. A link is typically provided on the detail page to "Open neighbourhood map analysis."