Property Overview: 369 Haney Street, Winnipeg
Key Characteristics & Appeal
This is a well-situated, single-storey home in Varsity View, built in 1962. Its primary appeal lies in its generous 8,021 sqft lot—a significant and increasingly rare asset in a mature neighbourhood. The home itself offers 1,111 sqft of living space with a finished basement and a detached garage. While the house is of a classic vintage, its value is strongly anchored in the land and location.
The property ranks notably well for its lot size, placing in the top 11% city-wide, suggesting exceptional outdoor space potential. It suits two main types of buyers: those seeking a solid, move-in-ready home with ample yard space for gardens, play, or expansion; and longer-term visionaries who see the underlying value in the large parcel for future redevelopment or significant renovation. It’s a practical choice for someone who values established neighbourhoods and the option to personalize over time, rather than a turnkey modern finish.
Frequently Asked Questions
1. What is the true standout feature of this property?
Beyond the home itself, the nearly one-fifth of an acre lot is the standout. This much space in Varsity View offers privacy, room for additions, or simply a large green oasis that is hard to find in older city neighbourhoods.
2. Is the house in original condition?
The listing confirms a finished basement, indicating some updates. However, as a 1962 build, buyers should anticipate systems (like plumbing, electrical, or the roof) that may be at or beyond their typical lifespan and budget for potential updates.
3. How does the assessment value relate to the asking price?
The city’s assessed value is $397,000, which provides a benchmark for municipal taxes. The listing price will be set by the market and seller, and can be higher or lower than the assessment based on condition, recent sales, and market demand.
4. What are the rankings, and what do they mean?
The rankings compare this property to others on its street, in Varsity View, and across Winnipeg for metrics like lot size and age. For example, ranking in the top 11% in Winnipeg for lot size is a strong competitive advantage, while being older than 75% of homes in the community simply confirms its status as a mature property.
5. What is the neighbourhood like?
Varsity View is a central, established neighbourhood near the University of Manitoba. It typically offers a quiet, residential feel with good access to amenities, schools, and transit, appealing to families, academics, and professionals.