848 Haney Street

Property Overview: 848 Haney Street, Elmhurst, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home on Haney Street is a standout property defined by its modern build, generous living space, and premium positioning within the Elmhurst neighborhood. Built in 2014, it is a notably newer construction compared to most Winnipeg homes. With over 2,500 square feet of living area, it ranks in the top 2-3% for size both on its street and citywide, offering substantial room for family living, entertaining, or dedicated home offices. Key features include an attached garage, a pool, and a full (though unrenovated) basement, adding to its functional appeal.

The primary draw is its elite combination of space, modernity, and location. The home sits on a large, approximately 10,660 sqft lot, which is above average for Elmhurst and provides excellent outdoor potential. Its assessed value places it among the top-tier homes in the area, signaling a premium property. This home would best suit buyers seeking a move-in ready, spacious family home in a well-established neighborhood, who value newer construction to avoid major immediate repairs and appreciate the privacy and potential of a large lot. It’s also a strong fit for those who see value in a property that outperforms most of the market in key metrics like size and age, offering a blend of contemporary comfort and traditional neighborhood character.

Section 2: Frequently Asked Questions

1. How does the lot size compare?
While the lot is larger than the city and Elmhurst average, it is slightly smaller than the typical lot on Haney Street itself. This means you get ample private outdoor space, but the property may feel more in line with the broader, sought-after neighborhood standard than the specific street’s norm of very large lots.

2. What does the "unrenovated basement" imply?
The basement is finished but has not been updated since the home was built in 2014. This presents a clean, functional space as-is, but also offers a clear opportunity for a future owner to customize and modernize it to their taste, potentially adding significant value.

3. Is the assessed value a reliable indicator of the likely sale price?
The assessed value is for municipal tax purposes. Given that the home last sold for $680,000 in 2018 and its assessed value is significantly lower, it is not a direct guide to market value. Current sale price would be determined by recent market conditions, the home’s premium features, and buyer demand.

4. How does the age of the home affect its appeal?
At 12 years old (as of the data), it combines the benefits of modern building standards, energy efficiency, and contemporary layouts with the settled feel of an established neighborhood. It likely avoids the major system replacements older homes often need, while also being past any initial builder warranty issues.

5. What is the significance of the neighborhood ranking data?
The "Elite" rankings for living area and assessed value confirm this is not just a large house, but a premium property within an already desirable area (Elmhurst). It suggests a high degree of permanence and investment quality compared to surrounding properties, which can be a factor for long-term value.