Property Summary: 751 Haney Street, Winnipeg
Key Characteristics & Appeal
This 1977-built, single-storey home in Elmhurst sits on a large, approximately 6,834 sqft lot, offering more outdoor space than most properties in Winnipeg. With 1,040 sqft of living space and a finished basement, it provides practical, single-level living. Its appeal lies in its grounded value and space. It ranks highly for its lot size (top 18% in Winnipeg) and is newer than most homes on its street, suggesting a well-established yet not antiquated streetscape. The fully finished basement adds immediate functional space without the need for renovation.
This property would suit first-time buyers or downsizers looking for a manageable, single-level layout in a mature neighbourhood, where the large lot presents a canvas for gardening, play, or future expansion. It’s also a practical option for value-focused buyers who prioritize land size over a large interior footprint and want a home that’s immediately livable without major updates.
Frequently Asked Questions
1. What is the true benefit of such a large lot?
Beyond simple outdoor space, a lot of this size (considerably larger than average) offers long-term flexibility. It provides privacy, room for additions like a garage or workshop, and significant potential for landscaping, which can be a sound investment in both lifestyle and future resale value.
2. How does the age of the home (built in 1977) affect things?
Homes from this era often have simpler, robust construction and practical layouts. While some systems may be nearing their service life, the home has surpassed its initial depreciation, and its condition will largely depend on how it has been maintained and updated over the decades.
3. There’s no garage. How big of an issue is that?
For some buyers, this is a significant drawback. However, the large lot size means adding a detached garage or carport is a feasible project, turning a current limitation into a customization opportunity. Street parking is likely the immediate solution.
4. The interior living space is ranked below average for the city. What does that mean?
The 1,040 sqft main floor is compact, ranking in the bottom third city-wide. This indicates efficient, not expansive, living. Combined with the finished basement, the total usable space is greater, but the layout and flow of the main floor will be key to ensuring it meets a buyer’s needs.
5. The assessment value seems moderate. What does that indicate?
The municipal assessment of $364,000 is a benchmark for property taxes, not market value. Its middle-of-the-road ranking suggests the property is not considered a premium asset by the assessor but is firmly in the established, mainstream segment of the market, which can mean stable taxes and realistic pricing.