Property Overview: 4 Harvest Lane, Heritage Park, Winnipeg
Key Characteristics & Appeal
This one-storey home at 4 Harvest Lane is a practical and well-situated property in Winnipeg's Heritage Park neighborhood. Built in 1964, it features 1,126 square feet of living space, a renovated basement, and a detached garage. The lot is a manageable 5,497 square feet.
The primary appeal lies in its solid positioning within a stable community. The home's living area and year built are consistently around the average for its immediate street, neighborhood, and the wider city, suggesting it fits comfortably within the area's character. A key, less obvious point is its financial profile: the assessed value is notably below the average for both Harvest Lane and Heritage Park, which could indicate a potentially lower property tax burden or an opportunity for value growth relative to its peers. The renovated basement adds modern livable space without the need for immediate work.
This property would suit first-time buyers or downsizers looking for a single-level layout in an established area. It’s also a sensible match for a value-conscious buyer who prioritizes a move-in-ready basement and a standard-sized home over a premium lot size, as the land area is on the smaller side for the street.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is below the average for both Harvest Lane and the broader Heritage Park area, while being around the citywide average. This suggests it may offer a more accessible entry point into this specific neighborhood.
2. Is the lot size a concern?
At just under 5,500 sqft, the lot is below the street average but aligns with the neighborhood and city averages. It provides adequate outdoor space for gardening or relaxation but may feel compact compared to some immediate neighbors.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. We recommend inquiring about the finishes, the presence of proper permits, and whether it includes a bathroom or legal secondary suite potential.
4. Can I get the exact historical sale price?
Yes. The displayed sale history from March 2021 shows a range. The exact sale price can be requested by email from the site, which provides the accurate figure manually without using your email for marketing.
5. What is the significance of the home being "around average" in most metrics?
This consistency indicates the property is a typical representation of the Heritage Park area. For buyers seeking a home that aligns with neighborhood norms without extreme outliers in size, age, or value, this is a mark of stability rather than a standout luxury or fixer-upper.