Property Overview & Key Characteristics
This property at 733 Harstone Road is a spacious, well-established home built in 1981, offering a unique blend of generous outdoor space and solid community standing. Its primary appeal lies in its exceptionally large, 11,256 sqft lot—a rarity that places it in the top 4% of all Winnipeg properties for land size. The 1,411 sqft, two-storey home with a finished basement and attached garage sits on this expansive parcel, providing ample room for gardening, recreation, or future expansion.
The home’s strength is its balanced, above-average positioning across key metrics. It isn’t the newest or largest house on the block, but it consistently ranks in the top 30-40% within its immediate neighborhood for living space and assessed value, suggesting a solid, marketable asset. Notably, it ranks highly for its lot size city-wide and for its relative modernity within its own street, indicating it’s a newer home among its closest peers. This combination suits buyers looking for a established home in a mature neighborhood who prioritize a huge, private yard over a brand-new build. It would particularly appeal to families seeking outdoor space, those interested in landscaping projects, or buyers who see long-term value in one of the larger plots in the area.
Frequently Asked Questions
Q: How does the age of the home (built 1981) impact its value and potential needs?
A: While 45 years old, the home ranks as newer than 87% of houses on its street, meaning it’s relatively modern for the area. Buyers should expect updates common for the era but can be reassured it’s not an older-century home, potentially simplifying some maintenance aspects.
Q: The lot is huge, but what does that mean practically?
A: A lot of this size (over a quarter-acre) is uncommon in Winnipeg and offers significant privacy, space for additions like a shed or deck, and room for children or pets to play. It also means higher property taxes are based on land value and requires more upkeep for lawn and garden.
Q: The assessment value is $463,000. Is that the sale price?
A: No. The assessed value is for municipal tax purposes. The sale price is set by the market and the seller. However, the assessment shows this home is valued higher than 77% of properties in Winnipeg, indicating a strong tax-assessment foundation.
Q: Who are the typical neighbors? The rankings show it's in the middle of the pack for the community.
A: The home ranks near the median (52nd percentile) for the broader community in size and value, suggesting it fits seamlessly into a mixed area of similar, established family homes. It’s not an outlier but a well-integrated property.
Q: What are the less obvious advantages of this property's rankings?
A: The data shows a key strength: consistency. It doesn’t rank poorly in any major category (size, age, value) within its local context. This balanced profile often means fewer surprises and a stable investment, as the home isn’t over-improved or under-sized for its surroundings.