Property Summary: 627 Harstone Road, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-storey home on an exceptionally large, mature lot in the Eric Coy neighborhood. Built in 1963, the 1,088 sqft house features a finished basement and sits on a private 10,431 sqft parcel of land, which is its most defining and rare asset. The property ranks in the top 5% in Winnipeg for lot size, offering significant space and potential not commonly found within the city.
Its appeal lies in a blend of value, space, and location. The home itself is a functional, no-frills canvas, while the massive yard presents opportunities for gardening, expansion, or simply enjoying ample outdoor privacy. It suits practical buyers looking for a long-term home with room to grow, whether that's for a family, hobbies, or future renovations. It would also appeal to value-conscious purchasers who prioritize land size over a newer or more updated interior, seeing the inherent potential in the property's generous footprint.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Eric Coy, and across all of Winnipeg. For example, being in the "top 5%" for lot size city-wide confirms the lot is unusually large and a standout feature.
2. The house seems modest relative to the lot size. What are my options?
This is the key consideration. The large lot provides excellent long-term potential for additions, a major renovation, or even building a new home (subject to zoning and permits), making it a strategic purchase for future investment.
3. How does the age of the home (63 years) factor in?
While the home ranks as newer than 41% of Winnipeg houses, its age means buyers should budget for ongoing maintenance and updates. A thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the roof.
4. There's no garage. Can one be added?
Given the vast lot size, adding a garage or a sizable workshop is likely very feasible from a space perspective. You would need to investigate local zoning bylaws and any restrictive covenants.
5. The assessed value is lower than many area homes. Is that a positive?
It can be. The assessment reflects the current state of the older home. For a buyer, this suggests the price may be more accessible, and any significant improvements you make could disproportionately increase the future value, given the premium lot it sits on.