242 Hazel Dell Avenue

Rossmere-B, Winnipeg

Property score

46.2

Below average

Overall 46.2 · Smaller and older than most nearby homes

796 sqft (bottom 8%) · Built in 1929 (26 yrs older than avg)

Located in a above-average income area with median household income of ~83k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 2 schools, 3 healthcare facilitys, and 2 shops nearby

Living Area

Below average

24% smaller than neighborhood avg.

Year Built

Below average

26 yrs older than neighborhood avg.

Mother tongue

English · 82%French · 2%

Past 10 years Rossmere-B sales snapshot (~80% of all data)

Sold Count

568

Median price

360k

$/sqft

$380/sqft

Avg build year

1955

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Property score

46.2 is composed by the two sections below.

Property Score

27.0Low
Living Area796 sqft22Low
Year Built192920Low
Lot Size4,252 sqft53Fair
Neighbourhood Sales Activity37Low

Community Score

75.1Good
Household Income78Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health76Good

Neighbourhood Sales

Rossmere-B

How to read: Share of sales in each ~$50k price band for “rossmere-b” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110704

Community deep dive

$83K

Median household income

$88K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

29%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)639
Labour force participation rate68%
Median age40.8
Avg household size2.3
Unemployment rate4%
Population density3550 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households29%
Couple families with children27%
Median household income (2020)$83K

Housing

Renter households10%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority14%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
796 sqft
0255075100
Same streetBottom 4%Same areaBottom 8%CitywideBottom 9%
Same street · Hazel Dell Avenue
#210 / 219
Bottom 4% · Avg 1,118 sqft
Same area · Rossmere-B
#1,435 / 1,567
Bottom 8% · Avg 1,047 sqft
Citywide · Winnipeg
#177,568 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

below average
215k
0255075100
Same streetBottom 1%Same areaBottom 3%CitywideBottom 10%
Same street · Hazel Dell Avenue
#216 / 219
Bottom 1% · Avg 318.2k
Same area · Rossmere-B
#1,525 / 1,567
Bottom 3% · Avg 311.9k
Citywide · Winnipeg
#174,147 / 194,458
Bottom 10% · Avg 390.1k

Year Built

below average
1929
0255075100
Same streetBottom 13%Same areaBottom 7%CitywideBottom 17%

Lot Size

around average
4,252 sqft
0255075100
Same streetBottom 5%Same areaBottom 13%CitywideBottom 30%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

242 Hazel Dell Avenue — 14 amenities found within 500 m, across 8 categories, including 2 dining (nearest 260 m), 2 education (nearest 417 m), 3 healthcare (nearest 191 m).

Search radius
🍽️Dining2
🏫Education2
🏥Healthcare3
🛒Shopping2
🌳Parks1
🏦Finance1
Fuel Stations1
Worship2

Crime & Safety

Rossmere-B · WPS public data · 2026

Annual incidents

13

2026

vs. city avg

-56%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

62%

Sales History

Sold 6/2019CA$150k–200k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 8%

Related homes

Highlights & common questions: 242 Hazel Dell Avenue, Winnipeg

Property Overview

This home at 242 Hazel Dell Avenue in Winnipeg's Rossmere-B neighborhood presents a specific value proposition. Built in 1929, it is a smaller, character home with 796 sqft of living space on a 4,252 sqft lot. Its key characteristic is its significantly below-average assessed value of $215k, which ranks in the bottom 1-3% of its immediate street, neighborhood, and city. This stands in contrast to nearby comparable sales, where similar-sized homes have recently sold for higher prices and carry higher assessments.

The appeal lies squarely in affordability and potential. It is one of the most accessible price points in the area, suitable for a first-time buyer, an investor, or someone seeking a minimal mortgage footprint. The lot size, while below the street average, is near the city average and may offer room for expansion or gardening. A thoughtful perspective is that its older vintage (1929) could appeal to a buyer interested in a home with pre-war character, willing to undertake updates. This property suits a practical buyer who prioritizes getting into the market over move-in-ready perfection, viewing any necessary updates as a way to build equity.

Frequently Asked Questions

1. Why is the assessed value so much lower than neighboring homes?
The assessed value is based on municipal evaluation, which considers factors like lot size, living area, age, and condition. Given its smaller size and older build date compared to neighbors, a lower assessment is typical. It may also reflect the home's current condition or layout.

2. How does the last sale price compare to the current assessment?
Public data indicates the home sold between $150k-$200k in mid-2019. The current $215k assessment suggests a moderate increase in municipal valuation since that sale, but it remains well below the average for the area.

3. What are the implications of the home's older age (1929)?
An older home like this often comes with character but may also require more attention to foundational elements, wiring, plumbing, and insulation. A thorough inspection is essential. On a positive note, it may be situated on a mature lot in an established community.

4. The home is smaller than average. Is expansion possible?
The lot size, while not the largest on the street, is near the Winnipeg average. This could allow for a future addition or renovation, subject to local zoning bylaws and building codes. Checking the possibility of a variance or permitted builds would be a key due diligence step.

5. Who would this property not suit?
It likely wouldn't suit buyers looking for a modern, turn-key home or those needing significant space. The data suggests it's a compact property best for individuals, couples, or investors comfortable with a project or a cozy footprint.

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