Property Overview: 476 Hazel Dell Avenue, Winnipeg

Key Characteristics & Appeal

This Rossmere-B bungalow, built in 1956, presents a practical and competitively positioned entry into the Winnipeg housing market. Its primary appeal lies in its balance of space, value, and established neighborhood character. With 937 sqft of living space, the home is slightly more compact than the area average, suggesting efficient use of space and potentially lower utility costs. The lot size of just under 5,000 sqft is very typical for the street and community, offering standard outdoor space for gardening or recreation.

A standout characteristic is its municipal tax assessment of $328,000, which ranks notably higher than the averages for both its immediate street and the broader Rossmere-B community. This often indicates that the property is viewed favorably in terms of its condition, improvements, or specific location within the area compared to its peers. The home’s 1956 build date is actually newer than many on its street, offering a slight relative advantage in terms of potential infrastructure and design.

This property would suit first-time homebuyers or downsizers seeking a manageable, single-level home in a mature neighborhood. It’s also a sensible fit for value-focused investors or buyers who prioritize a solid assessment value—which can correlate with equity stability—over sheer square footage. The data suggests it’s a home that competes well within its immediate locale rather than the wider city, making it a smart choice for someone committed to this specific area.

Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 937 sqft, the living area is moderately below the average for both Hazel Dell Avenue and the Rossmere-B community. This points to a more compact, efficient layout rather than a sprawling one, which can be appealing for those seeking lower maintenance.

2. The tax assessment seems high for the home's size. What does that indicate?
The assessment of $328,000 ranks in the top third for the community. This typically reflects the city’s valuation of the property’s overall worth, which can be influenced by factors like updates, condition, lot desirability, or precise location. It often signals a property that holds its value well within its local market.

3. What is the significance of the 1956 build year in this context?
While not a new build, this home is newer than the average house on its street. In an older neighborhood, this can sometimes mean relatively newer plumbing, electrical systems, or roof, though a specific inspection is always necessary.

4. Are there recent sales records for this property?
Public data indicates a sale occurred in July 2021, with a price range between $350,000 and $400,000. For precise historical sale prices, you would need to request that information directly from the source providing this data.

5. How does this property fit within the broader Winnipeg market?
In a city-wide comparison, this home offers a living space below the Winnipeg average but at an assessed value also significantly below the city average. This highlights its role as an affordable entry point within a stable, established neighborhood, rather than a large-scale property.