Property Overview

This home at 128 Hazelwood Crescent presents a practical opportunity in Winnipeg's Vista neighborhood. Built in 1971, it offers 950 sqft of living space on a 5,194 sqft lot, with a municipal assessed value of $353,000.

Key Characteristics & Appeal

The primary appeal of this property lies in its position as a competitively priced entry point into the single-family home market. While its living space is slightly below the local area average, its assessed value is notably lower than most comparable homes on its street and in the Vista community, suggesting potential value for money. The lot size, though smaller than many in the immediate vicinity, is close to the Winnipeg average, offering decent outdoor space.

It suits first-time buyers or investors looking for a lower-cost foothold in a stable neighborhood. The home’s age (1971) is typical for the area, indicating a mature streetscape but also implying that a buyer’s comfort may depend on the home’s update history. A thoughtful perspective is that its "below average" rankings in size and assessment on its street could be an advantage for a budget-conscious buyer, as it likely translates to a more accessible purchase price and potentially lower property taxes relative to the neighborhood.

Frequently Asked Questions

1. What do the rankings and "below average" labels actually mean for a buyer?
They are comparative metrics. For example, the living space being "below average" for the Vista community simply means it's smaller than many homes in that broader area. However, its value is also "below average" there, which often correlates. The key takeaway is that the home is positioned as a more affordable option within its market context.

2. Is the 1971 build year a concern?
Not inherently, as it aligns with the average age of homes on the street (1974). The condition of major systems (roof, wiring, plumbing, windows) and any renovations undertaken since are far more important than the build year itself. A pre-purchase inspection is always advised.

3. The lot is ranked in the bottom 10% on its street for size. How significant is this?
It means the yard is likely smaller than most neighbors'. For those seeking extensive gardens or outdoor recreation space, it's a consideration. For buyers preferring lower maintenance or where indoor space is the priority, it may be less of an issue. The lot is still a standard city size.

4. The assessed value is $353,000. Will that be the sale price?
Not necessarily. Municipal assessed value is for tax purposes and can differ from market value. The sale price will be determined by current market conditions, the home's specific state, and buyer competition.

5. How useful are these comparative rankings?
They provide excellent, data-driven context about how this property fits within its immediate street, neighborhood, and city. They help set realistic expectations about space, value, and lot size relative to other options. For a deeper, visual comparison with nearby homes, the dedicated map analysis page is recommended.