Property Summary: 231 Haney Street, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-story home on a large, mature lot in the sought-after Varsity View neighborhood. Built in 1981, its key features include a fully finished basement, an attached garage, and 1,256 sqft of living space. The property’s primary appeal lies in its location and land size. The 6,296 sqft lot offers significant outdoor space and potential, a rarity in this central area. While the home itself is middle-of-the-road for its neighborhood in terms of size and age, its overall assessed value ranks highly, suggesting a solid foundation and desirable location.
The home would suit first-time buyers or downsizers looking for a manageable single-level layout in a prime, stable community. It’s also a strong candidate for buyers with a vision for gradual updates or expansion, given the generous lot size which allows for future possibilities like a garden suite or addition (subject to city bylaws). Its consistent rankings above the Winnipeg average for value and lot size indicate a property with enduring, intrinsic worth rather than fleeting appeal.
Frequently Asked Questions
1. How does this home compare to others in Varsity View?
The data shows a mix. Its lot size is a standout feature, ranking very well. However, the home’s living area and age are more average for the neighborhood. This suggests you are paying a premium for the location and land, with the house itself representing a solid, if not luxurious, living space.
2. Is the finished basement included in the listed living area?
Typically, the 1,256 sqft figure refers to above-grade living space. The finished basement is an additional bonus area, adding functional space like a family room or extra bedrooms not reflected in that main square footage.
3. What does the assessment value tell us?
The municipal assessment of $428,000 is used for calculating property taxes. That it ranks in the top 29% city-wide indicates the city appraises this as a well-above-average property for Winnipeg, which generally correlates with market value but is not a direct sale price.
4. Who might find this property less suitable?
Buyers seeking a modern, turn-key home or very large interior square footage on a single level may need to budget for renovations or find it modestly sized. The rankings indicate there are newer and larger homes within the community itself.
5. What’s the significance of the lot size here?
Beyond just having a big yard, a lot of this scale (over 6,000 sqft) in an inner-city neighborhood like Varsity View is a long-term asset. It provides privacy, space for recreation, and tangible future flexibility that smaller lots do not, which is a key factor in its above-average valuation.