Property Overview
This home at 228 Hazel Dell Avenue in Winnipeg's Rossmere-B neighborhood presents a clear value proposition. Its key characteristic is a below-average assessed value of $243k, which is notably lower than averages on its street, in the neighborhood, and across the city. The living space (880 sqft) is also compact compared to area norms. However, it sits on a standard-sized lot (just over 5,000 sqft) for the area. The home is one of the older properties on the block, built in 1925.
Its appeal lies in affordability and opportunity. It suits first-time buyers or investors seeking an entry point into the Winnipeg market with lower upfront costs. The price allows room for a renovation budget, offering the potential to add value to an older, smaller home. It’s also a practical fit for those who prioritize yard space over interior square footage or who seek a manageable property without the upkeep of a larger house.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighboring homes?
The assessed value is likely lower due to a combination of the home's smaller size, older age, and potentially its current condition or features compared to updated or expanded homes on the same street.
2. What should I consider due to the home's age (built in 1925)?
Prospective buyers should budget for a thorough inspection. Older homes may have outdated electrical, plumbing, or insulation, but they also often feature solid construction and character not found in newer builds.
3. How does the lot size compare, and what does that mean for me?
The lot is average for Rossmere-B. This means you have typical outdoor space for the area—enough for a garden, patio, or play area—without the excessive maintenance of a much larger yard.
4. The home last sold in 2017. Is the price history available?
The last recorded sale was between $150k-$200k in April 2017. You can request the exact historical sale figures directly via the provided email link on the listing page.
5. Are the nearby comparison homes similar?
The listed nearby properties show a mix of sizes, ages, and values. This highlights the diversity on Hazel Dell Avenue, suggesting the area isn't uniform, which can be an advantage for a uniquely priced property like this one.