Property Overview & Key Characteristics
383 Haney Street is a well-maintained, single-storey home built in 1957, situated on a large, mature lot in the established Varsity View neighbourhood. Its primary appeal lies in a combination of space, location, and practicality. The nearly 6,800 sqft lot is a significant asset, offering ample outdoor space that is rare for in-city living, while the home itself features a finished basement and a split garage. The property ranks highly city-wide for its lot size, placing it in the top 19% of all Winnipeg properties, which speaks to its enduring value and potential.
This home would best suit first-time buyers, downsizers, or practical investors looking for a solid entry into a desirable, central neighbourhood. It’s a property for those who value a generous outdoor canvas—perfect for gardening, play, or future expansion—over a large interior footprint. The appeal is grounded in the lot's long-term value and the quiet, tree-lined streets of the community, rather than modern square footage or high-end finishes. It’s a home that offers a classic Winnipeg proposition: character, space, and location, with room to grow according to the owner's vision.
Frequently Asked Questions
1. How does the home’s age affect its condition and costs?
Built in 1957, the home is nearly 70 years old. While it appears well-maintained, prospective buyers should budget for updates to older mechanical systems (like plumbing or wiring) and consider a thorough inspection. The age also contributes to the mature landscape and established neighbourhood feel.
2. The living area is noted as 856 sqft. Is that sufficient for a family?
The above-grade living space is modest. However, the finished basement provides additional flexible space. The true living capacity is a balance of the interior layout and the exceptional outdoor space, making it more suitable for smaller families, couples, or those comfortable with efficient living.
3. What does the high city-wide ranking for lot size actually mean?
Ranking in the top 19% for lot size in Winnipeg means this property offers significantly more land than most homes in the city. This is a key value driver, providing privacy, recreational space, and future potential that is increasingly difficult to find in central neighbourhoods.
4. The assessment value is $314,000. How should I interpret this relative to the asking price?
The assessed value is for municipal tax purposes and is not a direct market valuation. It can, however, provide a general benchmark. A listed price significantly higher than the assessment may reflect recent upgrades, market conditions, or the premium for the large lot. Your realtor can provide a current market analysis.
5. What are the practical benefits of the Varsity View location?
Varsity View is a central, quiet neighbourhood known for its proximity to the University of Manitoba, major transportation routes, and amenities. It offers a blend of residential calm and convenience, attracting academics, professionals, and families seeking a stable community without a long commute.