Property Summary: 331 Haney Street, Winnipeg
Key Characteristics & Appeal
This 1992-built bi-level home in Varsity View offers a practical layout with a finished basement and an attached garage, situated on a notably large, mature lot of over 6,800 square feet. Its core appeal lies in this combination of established neighborhood character and generous outdoor space—a rarity in many urban areas. The home ranks highly for its lot size and newer build date compared to most of Winnipeg, suggesting a solid, well-positioned property.
It would suit first-time buyers or downsizers looking for a manageable footprint with room to garden or entertain outdoors, without the upkeep of a massive house. The strong city-wide ranking for lot size also makes it a thoughtful long-term hold for value-focused buyers, as land is a finite resource. While the living space is modest, the finished basement and large property provide flexibility for future expansion or personalization.
Frequently Asked Questions
1. How does the "ranking" system work?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg for specific metrics like lot size and age. For example, being newer than 76% of Winnipeg homes indicates a relatively modern structure, while a lot size larger than 82% of the city is a significant standout feature.
2. What is the feel of the Varsity View neighborhood?
Varsity View is a mature, established community near the University of Manitoba. It typically offers a quiet, residential atmosphere with a mix of long-time residents and academic affiliates, characterized by tree-lined streets and varied architectural styles.
3. What are the implications of a "finished basement" in a bi-level?
In a bi-level, the finished basement is often partially above ground, allowing for better natural light than a traditional subterranean basement. This space typically functions as a primary family or rec room, adding effectively to the home's usable living area.
4. The assessment value is noted; how does this relate to the listing price?
The municipal assessment of $414,000 is for tax purposes and reflects a mass appraisal valuation from a prior date. The listing price is set by the seller and the current market. The assessment can be a useful benchmark, but the final sale price is determined by market conditions, the home's specific condition, and buyer demand.
5. Is the large lot mostly usable space?
While the lot size is a major asset, prospective buyers should verify the topography and layout. A visit or viewing is essential to assess how much of the land is flat, usable yard versus taken up by the home's footprint, driveway, or any natural features, and to understand its orientation and privacy.