Property Overview: 230 Hazelton Drive, Winnipeg

Key Characteristics & Appeal

This is a modern, low-maintenance home built in 2022, offering a move-in-ready experience in Winnipeg's North Inkster Industrial area. Its primary appeal lies in its new construction status, which means modern building standards, minimal immediate repair needs, and contemporary finishes. With 1,461 sqft of living space, the home offers a practical layout that is competitively sized for the immediate street and city-wide, though it is notably more compact than the average for its broader neighbourhood.

A standout feature is its assessed value of $427k, which ranks in the top 9% on its own street, suggesting it is perceived as a premium property within this specific locale. This creates an interesting dynamic: you are acquiring one of the newest and most highly assessed homes on the block, which can be appealing for stability. However, the lot size is compact at 2,502 sqft, ranking in the bottom tier for the street, area, and city. This trade-off is central to the property’s profile—it prioritizes a modern, efficient home over expansive outdoor space.

This property would suit first-time buyers or downsizers seeking a newer home without the premium often found in more established suburban neighbourhoods. It’s also a practical fit for investors or owners who prefer minimal yard upkeep and value modern systems and construction over lot size. Buyers should be comfortable with an industrial-area setting and the specific value proposition of a high-assessment home on a modest lot.

Frequently Asked Questions

1. Is this a good value compared to other homes on the street?
The data indicates it might be. With an assessed value significantly above the street average ($427k vs. $401k) and being one of the newest homes (ranked 2nd newest of 64), it commands a premium on Hazelton Drive for its modern condition.

2. What are the implications of the smaller lot size?
The lot is compact, even compared to neighbours. This means lower maintenance and potentially lower property taxes on the land portion, but it also limits outdoor privacy, expansion potential, and landscaping options. It’s a feature that appeals to those seeking simplicity but may deter those wanting space for gardens, play structures, or additions.

3. The home sold in 2022 for between $400k-$450k. What does that suggest?
The sale price aligns closely with the current $427k assessment, indicating stable value in a relatively short time. It doesn’t suggest rapid appreciation, but rather that the market assessment is consistent with its recent purchase price.

4. How does it compare to the wider North Inkster Industrial area?
Within the larger area, this home is newer than average but has a smaller footprint and lot size. Its assessed value is around the neighbourhood median, meaning it’s not an outlier in the broader context—its premium is more localized to its own street.

5. Where can I get the exact historical sold price?
The provided data shows a price range. Due to industry regulations, exact sold prices from MLS are not published on this site. You can request the precise transaction history by emailing the site directly for a manual lookup, which they provide without obligation.