Property Overview: 585 Harstone Road
This two-storey family home, built in 1979, is situated on an exceptionally large, half-acre lot (22,103 sqft) in Winnipeg's Eric Coy neighbourhood. With over 2,100 sqft of living space, a finished basement, and an attached garage, it offers substantial room for a growing household. The property's standout appeal lies not just in its generous interior, but in its remarkable land size and top-tier rankings. It sits in the 99th percentile for lot size city-wide, offering a rare suburban-like space within the city. The home also ranks highly for its living area and assessed value within its immediate community, suggesting it is a well-regarded and substantial property for the area.
The home would perfectly suit buyers looking for a long-term family base with ample outdoor space for gardens, play, or expansion. It appeals to those who value privacy and room to breathe, but who still want the convenience of city amenities. It’s also an ideal fit for a buyer who appreciates a property with strong, data-backed fundamentals—its high percentile rankings across key metrics indicate a competitive and desirable asset in the Winnipeg market.
Frequently Asked Questions
1. What does it mean that the lot size is in the "top 1%" for Winnipeg?
This statistical ranking means the property's land area is larger than 99% of all residential properties in the city. It indicates an unusually spacious and potentially private yard, a rare find that typically adds significant long-term value and appeal.
2. The house was built in 1979. Should I be concerned about major updates?
While the core structure is from 1979, the high percentile rankings for its assessed value and living area within the community suggest it has been maintained as a premium property for the neighbourhood. A thorough inspection is always recommended to understand the condition of major systems like roof, windows, and HVAC, which may be due for updates based on their age.
3. Who is the ideal buyer for this type of property?
This home is ideal for a family or multi-generational household seeking space, both indoors and out. It also suits buyers with hobbies or plans that require land (like gardening, or future additions) and value-property investors looking for a home with strong, data-verified fundamentals in a stable neighbourhood.
4. The rankings show it's in the top 8% of its street for assessed value. Is that good?
Yes, this is a very positive indicator. It suggests that for Harstone Road, this property is considered one of the most valuable. This often reflects a combination of its large lot, good condition, and desirable features compared to its immediate neighbours, which can be a stabilizing factor for your investment.
5. Is the finished basement included in the 2,120 sqft living area?
Typically, the listed "living area" (or above-grade square footage) in Manitoba does not include below-ground spaces, even if they are finished. The 2,120 sqft likely refers to the main and upper floors. The finished basement provides additional, valuable living space that is a bonus to the official square footage.