Property Overview: 140 Hazelwood Crescent
Key Characteristics & Appeal
This 1971-built home at 140 Hazelwood Crescent presents a practical opportunity in Winnipeg's Vista neighborhood. With 957 sqft of living space, it is a comfortably sized property that sits on a 5,194 sqft lot. Its assessed value of $367k is consistently around the average for its immediate street and broader neighborhood, indicating a stable, mid-market positioning.
The appeal here is one of balance and realistic expectations. The home doesn't lead in any single category but offers a solid, no-surprises foundation. It suits first-time buyers or downsizers looking for an affordable entry into a mature neighborhood without the premium price of a larger or newer home. A thoughtful perspective is its lot size: while below average for the street, it still offers decent outdoor space with potentially less maintenance—a subtle advantage for those seeking a manageable yard. The data suggests it's a home that blends into its community, offering the quiet benefit of neighborhood consistency rather than standing out.
Frequently Asked Questions
1. How does this home really compare to others nearby?
The home is consistently "around average" for its street and neighborhood in terms of value, living space, and age. Its lot size is smaller than most on Hazelwood Crescent, which is a key differentiator to consider.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($367k) is a municipal calculation for tax purposes. It's a useful benchmark, as it's very close to the neighborhood average ($379.9k), but the final sale price will depend on market conditions, the home's interior condition, and recent upgrades.
3. What does the "Below Average" citywide ranking for living space mean?
With 957 sqft, the home's living area is smaller than the Winnipeg citywide average of 1,342 sqft for comparable properties. This confirms it's a more compact, manageable home, which aligns with its likely appeal to buyers seeking efficiency and lower utility costs.
4. The home was built in 1971. Should I be concerned about major repairs?
The build year is typical for the area. While the major systems (roof, furnace, windows) may be due for updates or replacement given the age, this is reflected in the pricing. A thorough inspection is essential to budget for any necessary modernizations.
5. How can I visualize how this property fits into the neighborhood?
You can use the provided link to open a detailed neighborhood analysis map. This tool allows you to see nearby houses and directly compare key metrics like year built, lot size, and assessed value.