Property Overview: 776 Haney Street
Key Characteristics & Appeal
This is a well-established, single-family bungalow in Elmhurst, sitting on a notably large, mature lot of over 11,600 square feet. Built in 1971, the home offers 1,378 sqft of living space, a finished basement, and an attached garage. Its standout feature is the exceptional lot size, which ranks in the top 4% of all properties in Winnipeg, offering rare space and privacy for the area.
The appeal lies in its combination of space, location, and value. The property ranks highly within its immediate neighborhood and city-wide for lot size and assessed value, suggesting a solid and desirable footprint. It suits buyers looking for a grounded, spacious property in a mature community—perfect for those who prioritize outdoor space for gardening, recreation, or future expansion over a brand-new build. It would also appeal to value-conscious buyers seeking a home with "good bones" and the potential to customize over time, without the premium of a newer subdivision lot.
Frequently Asked Questions
1. What is the true value of such a large lot?
Beyond privacy and space, a lot of this size in a mature neighborhood is a finite asset. It offers potential for additions like a large deck, workshop, or garden, and may provide future subdivision or development opportunities, subject to city zoning.
2. How does the age of the home (55 years) factor in?
While the home ranks average for age in Winnipeg, it’s older than most in its specific community. Buyers should budget for updates to major aging components like the roof, windows, and mechanical systems, but will be compensated with a much larger land parcel than newer homes offer.
3. The home size is modest relative to the lot. Is this typical?
Yes. This is characteristic of many homes from this era in established neighborhoods. It presents an opportunity to increase living space through a basement finish (already done) or a future main-floor addition, leveraging the generous lot.
4. How do the ranking percentages work?
They show how this property compares to others. For example, ranking in the "top 4%" for lot size in Winnipeg means 96% of city properties have smaller lots. It's a quick way to gauge competitive standing.
5. What is the neighborhood (Elmhurst) like?
Elmhurst is a mature, stable neighborhood in Winnipeg. The property's high rankings within the community for lot size and value indicate it is among the more desirable properties in the area, likely characterized by quiet, tree-lined streets and settled community feel.