352 Hazel Dell Avenue

Property Overview

This 1951-built home at 352 Hazel Dell Avenue in Winnipeg's Rossmere-B neighborhood presents a straightforward, mid-century property with clear strengths and trade-offs. Its primary appeal lies in offering above-average interior space on a manageable lot, positioned within a stable, established community.

Key Characteristics & Ideal Buyer

The home's key characteristic is its generous living area of 1,216 sq ft, which ranks above average for both its immediate street and the wider Rossmere-B neighborhood. This suggests a comfortable interior size compared to many nearby properties. The assessed value of approximately $305k aligns closely with local averages for similar homes, indicating a market-appropriate price point without a significant premium for the area.

The appeal is grounded in practicality. It suits buyers seeking a home with ample room in a mature neighborhood without the upkeep demands of a large yard, as the 4,298 sq ft lot is smaller than most on the street. Its history shows steady value appreciation, having sold between $300k-$350k in late 2022, up from the $200k-$250k range in early 2018. This points to a reliable investment trajectory in a non-speculative market.

This property would best suit first-time buyers or downsizers who prioritize interior space over extensive outdoor maintenance. It’s a pragmatic choice for someone looking for a home that is competitively sized within its immediate context, offering more house than many neighbors, while accepting a lot size that is compact for the area.

Frequently Asked Questions

1. How does this home compare in size to others nearby?
The living space is a standout feature. At 1,216 sq ft, it is larger than the average home on Hazel Dell Avenue (1,118 sq ft) and in the Rossmere-B neighborhood (1,047 sq ft).

2. Is the lot size a disadvantage?
The lot of 4,298 sq ft is smaller than most on the street and in the neighborhood. This means less yard for gardening or expansion, but also translates to lower maintenance—a trade-off that may appeal to those not wanting extensive outdoor work.

3. What does the sale history indicate about its value?
The home sold in the $300k-$350k range in October 2022, a significant increase from its $200k-$250k sale in February 2018. This suggests strong value growth over that four-year period in line with market trends.

4. How does its assessed value compare to similar homes?
The City's assessed value of $305k is very close to the neighborhood average ($311.9k) and slightly below the street average (~$318.2k). This positions it as fairly valued within its local market, not over-assessed.

5. Are homes on this street typically older or newer?
Built in 1951, this home is nearly identical in age to the average build year (1950) for Hazel Dell Avenue. The street is characterized by mid-century homes, making this property typical for the area in terms of age and likely architectural style.