Property Overview & Key Characteristics
609 Harstone Road is a classic one-storey bungalow situated on an exceptionally large, half-acre lot in Winnipeg's Eric Coy neighbourhood. Built in 1961, the 1,585 sqft home features a finished basement. Its most defining characteristic is the expansive 22,105 sqft property, which ranks in the top 1% for lot size across the entire city. While the house itself is of average size for the area and is older, the land itself represents a rare commodity. The property's appeal lies squarely in this unparalleled outdoor space, offering immense potential for gardening, recreation, expansion, or future redevelopment.
This home would best suit a buyer who values space and privacy over a modern, turn-key property. It's ideal for someone with a vision—whether that's creating a private urban oasis, undertaking a renovation or addition to customize the living space, or an investor/developer who recognizes the long-term value of the land. It appeals to those who see the opportunity in the lot itself, rather than just the existing structure.
Frequently Asked Questions
1. What makes this property stand out?
The lot size is exceptionally rare, placing it in the 99th percentile for Winnipeg. This amount of land in the city offers a level of privacy and potential that is very difficult to find.
2. What should I consider about the home's age?
Built in 1961, the house is older than most in its immediate area and community. Prospective buyers should budget for updates to major aging components like the roof, windows, and mechanical systems, and consider a thorough inspection.
3. Is the lot usable as-is, or are there restrictions?
While the space is vast, its use will depend on local zoning bylaws. It's crucial to verify with the city what is permitted (e.g., shed size, pool placement, potential for subdivision or building an addition) to understand the full scope of possibilities.
4. How does the assessment compare to the asking price?
The municipal assessment is $432,000. It's important to understand that this value is for tax purposes and often lags behind the current market, which is influenced by supply, demand, and unique features like this lot. The selling price is typically determined by what buyers are willing to pay for such a rare offering.
5. There's no garage. Can one be built?
Given the ample land, adding a garage or large workshop is likely feasible from a space perspective. The key steps would be to confirm zoning regulations, obtain the necessary permits, and factor this project into your overall budget.