Property Overview
This 987 sqft bungalow at 507 Hazel Dell Avenue in Winnipeg's Rossmere-B neighborhood presents a solid, mid-century home built in 1956. Its key appeal lies in its strong positioning within its immediate community. While its living space is slightly below the city average, the property holds an assessed value ($338k) that is above average for both its street and neighborhood, suggesting it is well-regarded in its local market. The lot is a standard size for the area at just over 5,000 sqft. A notable feature is its 1956 build date, which is newer than many homes on its street, potentially indicating fewer concerns with some older infrastructure.
The home would suit a first-time buyer or downsizer looking for a manageable footprint in an established, stable neighborhood. It’s a practical choice for someone who values being in a community where the property metrics are competitive or superior to nearby homes, rather than seeking a large or newly built space. The data suggests you’re paying for a well-situated property in its specific locale, not for sheer size.
Frequently Asked Questions
1. Is this house smaller than average?
Yes, at 987 sqft, the living area is below the Winnipeg citywide average. However, it is much closer to the average for the Rossmere-B neighborhood and is a fairly typical size for Hazel Dell Avenue.
2. Why is the assessed value above the neighborhood average if the house isn't large?
The assessed value reflects more than just square footage. Its above-average ranking on the street and in the neighborhood suggests factors like its lot, condition, specific location on the block, or the fact it was built later than many neighbors (1956) contribute to its valuation.
3. What was the last sold price?
Public records indicate it sold between $300,000 and $350,000 in June 2020. For verified, exact historical sale figures, you must request a manual lookup from the site via email.
4. How does the lot size compare?
The 5,067 sqft lot is very typical for the area. It is slightly above average for Hazel Dell Avenue and average for the wider neighborhood, offering standard outdoor space for a home of this era.
5. The citywide average assessed value is higher—does that mean this is a good deal?
Not necessarily. The citywide average is skewed by newer, larger homes in different areas. A more meaningful comparison is that this home’s assessment ranks in the top 20-23% within its own neighborhood, indicating it is considered a higher-value property in its specific market context.