Property Overview: 55 Hazel Dell Avenue, Winnipeg

Key Characteristics & Appeal

This two-storey home on Hazel Dell Avenue in the Kildonan Drive neighbourhood presents a solid, grounded opportunity. Built in 1949, it features 1,144 sqft of living space and a renovated basement, situated on a standard 5,064 sqft lot with a detached garage.

Its primary appeal lies in its strong value proposition within its immediate area. While the home's size and age are typical for the street and neighbourhood, its assessed value ranks in the top 9% on Hazel Dell Avenue, suggesting it is viewed as a well-maintained or improved property compared to its direct peers. This indicates a property that likely offers more inherent value or has seen more updates than others on the block, without necessarily commanding a premium at the city-wide level.

The home would suit practical, value-conscious buyers—perhaps first-time homeowners or investors—who understand the benefits of a established neighbourhood. It’s for someone who appreciates a home that stands out positively on its own street in terms of assessment, potentially signaling good condition or desirable features not immediately obvious from basic metrics. The renovated basement adds functional living space, appealing to those needing flexibility without a sprawling footprint.

Frequently Asked Questions

1. What does the high assessed value ranking on the street actually mean?
It means that, compared to other homes on Hazel Dell Avenue, this property is assessed at a higher value relative to its peers. This often reflects factors like renovations, overall condition, or desirable lot features that the municipal assessment recognizes. It suggests the home may offer better inherent value on its own block.

2. Is the living space sufficient for a family?
At 1,144 sqft across two storeys plus a renovated basement, the home offers a practical layout. It is very close to the average size for the street. Families would need to consider the configuration of bedrooms and common areas, but the basement renovation provides additional flexible space.

3. What are the implications of the home being built in 1949?
As a home from the late 1940s, it comes with the character and construction methods of that era. Buyers should ensure that core systems (like wiring, plumbing, and insulation) have been updated over time, even though the basement itself has been renovated.

4. How does the detached garage affect usability?
A detached garage offers flexibility for use as a workshop or storage space separate from the house. However, it requires going outdoors to access, which can be a consideration during Winnipeg winters compared to an attached garage.

5. The last recorded sale was in 2017. Why is that significant?
A sale eight years ago suggests the current sellers likely made the purchase as a long-term home, not a short-term investment. This can sometimes indicate a property that has been lived in and maintained by residents with a personal stake in its upkeep.