Property Overview: 761 Haney Street
This two-storey home in Elmhurst presents a compelling blend of space, modern comfort, and established community living. Built in 2005, it offers the benefits of a relatively newer construction without the premium of a brand-new build. The property stands out for its generous, nearly 8,000 sqft lot—a significant size that provides ample outdoor space for gardening, play, or future expansion, ranking it among the larger parcels in the area. With over 1,700 sqft of finished living space, including a developed basement, the home caters well to growing families or those who appreciate room to spread out. The attached garage adds practical convenience for Winnipeg's climate.
The appeal lies in its balanced position within the market. It's a home that has already seen substantial equity growth since its last sale, yet its assessed value remains competitive. The data suggests a property that outperforms most of Winnipeg in key metrics like lot size, age, and assessed value, indicating a solid and desirable asset. It would particularly suit buyers looking for a move-in ready family home in a mature neighbourhood, who prioritize a large yard and the low-maintenance advantages of a 21-year-old home over a century character property. It’s also a thoughtful choice for those who value statistical evidence of a property's standing within its community, as it consistently ranks in the top tiers for its locale.
Key Questions for Buyers
1. What does the ranking data actually mean?
The percentages show how this property compares to others. For example, its lot size is larger than 89% of all Winnipeg homes, and it's newer than 99% of homes in Elmhurst. This indicates a above-average asset in terms of space and modern construction for the area.
2. Is the finished basement included in the 1,705 sqft living area?
Typically, the main and upper floor square footage is reported separately from basement space. The 1,705 sqft likely refers to the above-grade living area, with the finished basement providing additional bonus space.
3. How does the 2016 sale price relate to today's value?
The property sold for $473,000 in 2016. The current assessed value of $570,000 reflects market appreciation and any improvements made over eight years, offering insight into its growth trajectory.
4. What are the advantages of a 2005-built home?
Homes from this era often incorporate modern building codes, energy-efficient standards, and contemporary floor plans while having had time for landscaping to mature. Major components like the roof or HVAC may be nearing mid-life, so a thorough inspection is advised.
5. The lot is large, but what is the layout like?
A nearly 8,000 sqft lot offers great potential. Consider the home's footprint, driveway, and garage placement to understand how much usable backyard space remains and its orientation (e.g., for sun exposure or privacy).