Property Overview & Key Characteristics
836 Haney Street is a classic one-storey home in Elmhurst, built in 1978 and situated on a very generous, approximately 13,000 sqft lot. Its primary appeal lies in the exceptional scale of its land, which ranks within the top 3% of all properties in Winnipeg for size, offering rare potential for expansion, gardening, or outdoor living. The 1,887 sqft living area is also notably spacious, ranking in the top 12% city-wide. The home presents as a solid, well-sized blank canvas with an unfinished basement and a connected garage.
This property would best suit a buyer who values land above all else and sees potential in a home that may require updates. It's ideal for someone looking for a long-term family home with room to grow, a workshop, or extensive landscaping. It also appeals to the value-driven buyer who recognizes that the significant lot size and above-average living space, at its current assessed value, represent a foundation to build equity through renovation and customization.
Frequently Asked Questions
1. What is the true standout feature of this property?
Beyond the square footage of the home itself, the nearly 13,000 sqft lot is the defining asset. This amount of land in the city is uncommon and provides a level of privacy and possibility that is hard to find.
2. What should I budget for beyond the purchase price?
Given the unfinished basement and the home's age from 1978, prospective buyers should plan for immediate updates to mechanical systems (like plumbing and electrical) and likely cosmetic renovations. The basement also represents a significant opportunity for future finished living space.
3. How does the lot size impact property costs?
A larger lot typically means higher municipal property taxes, as land value is a key component of assessment. It may also increase costs for landscaping, fencing, and snow removal.
4. The home ranks highly for size but lower for age in the community. What does that mean?
It indicates that while the house is more spacious than most in Elmhurst, it is older than about 65% of its neighbors. This suggests the area has seen renewal, and this property may be one of the original homes, prized for its larger original lot.
5. Is the price listed the selling price?
No, the listed figure of $489,000 is the municipal assessed value for taxation purposes. The actual selling price will be determined by the market and can be higher or lower than this assessment.