Property Overview
This 1971 bi-level home at 767 Haney Street offers a practical layout with a finished basement on a notably large, mature lot in Elmhurst. Its primary appeal lies in the substantial 8,390 sqft property, which provides ample outdoor space and ranks in the top 10% for lot size across Winnipeg. The home itself is a modest 829 sqft, positioning it as an affordable entry point into the market. It would best suit first-time buyers, downsizers, or investors seeking a property where the land is a significant asset. The value proposition is clear: a lower-maintenance interior footprint paired with the long-term potential of a generous, private yard—a combination that is increasingly rare. A thoughtful perspective is that while the home's interior size and age may require updates, the lot offers immediate livability and future flexibility for gardening, expansion, or simply enjoying expansive green space in the city.
Key Details & FAQs
- Key Characteristics: A 55-year-old bi-level with 829 sqft of living space, a finished basement, and a detached garage. The standout feature is the 8,390 sqft lot.
- Primary Appeal: The exceptional lot size, which is larger than 90% of properties in Winnipeg, offers privacy and potential not found in newer subdivisions.
- Ideal Buyer: Budget-conscious buyers prioritizing land over a large or modern house. It's a solid candidate for those willing to make gradual improvements.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is exceptionally large at 8,390 sqft, ranking in the top 10% across all of Winnipeg. This is a major asset, far exceeding the standard for most single-family homes in the city.
2. Is the house itself considered small?
Yes. With 829 sqft of living space, it is more compact than approximately 87% of Winnipeg homes. The finished basement provides additional usable space, but the above-ground footprint is modest.
3. What does the "ranking" data mean for this property?
The rankings show how this home compares to others in its immediate area and city-wide. Key takeaways: its lot size ranks very high, while its living area and assessed value rank below average for the neighborhood, indicating a land-value opportunity.
4. What type of maintenance should be expected for a 55-year-old home?
Buyers should budget for updates common to homes of this era, which may include windows, roofing, and mechanical systems. A thorough inspection is advised to prioritize any necessary repairs.
5. Is the finished basement included in the 829 sqft living area?
No. The 829 sqft refers to the above-grade living area. The finished basement provides additional functional space but is not counted in the official square footage figure.