Property Overview: 864 Haney Street
Key Characteristics & Appeal
This well-established one-storey home in Elmhurst sits on a notably large, mature lot of approximately 9,591 square feet, offering a rare sense of space and privacy for the area. Built in 1961, the 1,040 sqft bungalow features a finished basement and a detached garage. Its primary appeal lies in its exceptional lot size, which ranks within the top 7% of all properties in Winnipeg, providing significant potential for gardening, expansion, or simply enjoying a generous backyard. The home is move-in ready with updated essentials, as evidenced by its recent sale history.
The property suits practical buyers looking for a solid, no-fuss home in a quiet neighborhood. It’s ideal for first-time homeowners who value outdoor space over a large interior footprint, or for downsizers seeking single-level living without compromising on yard size. A less obvious perspective is its value for a buyer with a long-term vision; the substantial lot is a appreciating asset in itself, offering future possibilities that smaller parcels in the city simply cannot. Its strong rankings for lot size within the community (top 13%) and city suggest it is a standout property in that regard, even while the house itself is modest and typical for its era.
Frequently Asked Questions
1. What is the condition of the finished basement?
The listing confirms the basement is finished, but specifics on the finish quality, ceiling height, and whether it includes a separate entrance or legal suite would require an in-person viewing or disclosure from the seller.
2. How does the 2021 sale price compare to the current assessment?
The property sold for $416,000 in February 2021. The current assessed value is $399,000. This difference is not uncommon and reflects market fluctuations and the specific timing of assessments versus sales.
3. Is the large lot mostly usable, or are there any odd shapes or easements?
While the total lot size is a major feature, prospective buyers should verify the lot's dimensions and check for any utility easements or unusual configurations that might affect its usable space.
4. The home ranks lower for "newness" in the community. What does this imply?
This ranking indicates the house is older than most in Elmhurst. This isn’t necessarily a drawback but suggests the neighborhood has newer infill or significantly renovated homes. It highlights this property as one of the original, character homes on a much larger lot than newer builds typically offer.
5. What are the typical property taxes for this assessment?
With an assessed value of $399,000, the annual property taxes can be estimated by applying the current City of Winnipeg mill rate. A real estate agent or the city's tax calculator can provide the precise annual amount.