Property Summary: 709 Haney Street, Winnipeg
Key Characteristics & Buyer Appeal
This one-and-a-half storey home, built in 1942, presents a classic Winnipeg character home opportunity. Its key appeal lies in a significant, well-above-average land area of over 11,000 sq ft—a rare find that ranks within the top 5% citywide for lot size. The home itself is modest in scale at 980 sq ft of living space and features a renovated basement and a detached garage. While the interior square footage is below average for the area, the property’s assessed value is positioned around the median, suggesting the value proposition is strongly tied to its substantial lot.
This property would best suit a pragmatic buyer who values land over a large existing footprint. It’s an ideal candidate for someone looking for a long-term hold with future potential, whether for gardening, expansion, or redevelopment. It also appeals to those seeking a manageable, renovated starter home in a mature neighborhood, where the generous outdoor space offers a sense of privacy and room to grow that is increasingly uncommon in the city.
Frequently Asked Questions
1. Is the lot size a true advantage?
Yes, significantly. At 11,006 sq ft, the lot is approximately 41% larger than the citywide average. This provides exceptional outdoor space and future flexibility that is not reflected in the home's current square footage or price point.
2. The home is smaller than average. Is that a concern?
It depends on your needs. The living area is compact, which may require creative use of space or planning for future additions. The renovated basement does add functional space. For buyers prioritizing land or a lower-maintenance interior, the size can be an advantage.
3. How does the assessed value compare to the last sale price?
The current assessed value is $38,500. The home last sold in June 2021 for $40,100, indicating relative stability in its official valuation over the past few years.
4. What does the "below average" year built ranking mean?
Built in 1942, the home is older than most in Elmhurst and citywide. This typically means potential for character and mature landscaping, but it also warrants a thorough inspection to understand the condition of original components like wiring, plumbing, and the foundation.
5. Who are the most likely neighbors or comparable properties?
The listing shows nearby properties on the same street and others in Elmhurst with similar assessed values, suggesting a neighborhood of mixed home ages and sizes. The lot size, however, is a standout feature among these comparables.