724 Haney Street

Elmhurst, Winnipeg

Property score

65.6

Good

Overall 65.6 · Smaller and older than most nearby homes

988 sqft (bottom 10%) · Built in 1957 (23 yrs older than avg)

Located in a high-income area with median household income of ~127k

Transit 50.0 · 3-min walk to transit with 1 nearby route · Within 500m: 2 parks, and 1 place of worship nearby

Living Area

Below average

35% smaller than neighborhood avg.

Year Built

Below average

23 yrs older than neighborhood avg.

Mother tongue

English · 87%Chinese · 2%

Past 10 years Elmhurst sales snapshot (~80% of all data)

Sold Count

438

Median price

477k

$/sqft

$391/sqft

Avg build year

1980

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Property score

65.6 is composed by the two sections below.

Property Score

50.6Fair
Living Area42
988 sqftLow
Year Built43
1957Low
Lot Size100
30,555 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

88.0Excellent
Household Income91
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

Elmhurst

How to read: Share of sales in each ~$50k price band for “elmhurst” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111065

Community deep dive

$127K

Median household income

$124K

Average household income

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

19%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)459
Labour force participation rate64%
Median age47.6
Avg household size2.6
Unemployment rate5%
Population density1530 / km²

Households & income

Low income (LIM-AT, % pop.)
Single-person households19%
Couple families with children33%
Median household income (2020)$127K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$428K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority5%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 86%
Mother tongue (2nd)Chinese · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
988 sqft
0255075100
Same streetBottom 15%Same areaBottom 10%CitywideBottom 25%
Same street · Haney Street
#104 / 123
Bottom 15% · Avg 1,307 sqft
Same area · Elmhurst
#1,336 / 1,480
Bottom 10% · Avg 1,523 sqft
Citywide · Winnipeg
#145,831 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
407k
0255075100
Same streetTop 44%Same areaBottom 32%CitywideTop 37%
Same street · Haney Street
#54 / 123
Top 44% · Avg 428k
Same area · Elmhurst
#1,013 / 1,480
Bottom 32% · Avg 460.2k
Citywide · Winnipeg
#71,270 / 194,458
Top 37% · Avg 390.1k

Year Built

around average
1957
0255075100
Same streetBottom 19%Same areaBottom 3%CitywideBottom 37%

Lot Size

Elite
30,555 sqft
0255075100
Same streetTop 7%Same areaTop 1%CitywideTop 1%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

724 Haney Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 146 m).

Search radius
🌳Parks2
Worship1

Crime & Safety

Elmhurst · WPS public data · 2026

Annual incidents

5

2026

vs. city avg

-83%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

80%

Sales History

724 Haney Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 724 Haney Street, Winnipeg

Property Overview & Key Characteristics

This property is defined by its exceptionally large, private lot of over 30,500 sqft—a rare find that places it in the top 1% of homes in both its neighborhood and all of Winnipeg for land size. The home itself is a modest, one-storey 988 sqft bungalow from 1957 with a finished basement and a detached garage. Its appeal lies almost entirely in the land: it offers immense potential for expansion, gardening, recreation, or simply enjoying unparalleled space and privacy within the city. While the house is dated and smaller than most in the area, the lot represents a long-term investment in space that is increasingly scarce.

This home would best suit a buyer with a vision, whether that's a family seeking room for children and pets to play, a hobbyist or gardener dreaming of a personal oasis, or an investor/builder who sees the ultimate value in the land itself for a future custom build or subdivision. It’s a property for those who prioritize land over immediate move-in luxury.

Frequently Asked Questions

1. What does the "top 1%" ranking for land size actually mean?
It means this property's lot is larger than 99% of other residential properties in both the Elmhurst neighborhood and the entire city of Winnipeg, highlighting its extraordinary scarcity and potential.

2. The house seems small and older. What are the major considerations?
Built in 1957, the home will likely require updates to mechanical systems, windows, and insulation. The value proposition is the land; the house may be viewed as a functional starting point with major renovation or eventual replacement as a possibility to fully capitalize on the lot.

3. Is the large lot usable, or are there restrictions?
With over 30,000 sqft, usability is high, but buyers must verify zoning bylaws with the city to understand exact boundaries, any easements, and regulations regarding potential additions, outbuildings, or future subdivision.

4. How does the assessed value relate to the asking price?
The city's assessed value is for taxation purposes and is often a conservative market estimate. The asking price will primarily reflect the premium for the rare, massive lot, which may not be fully captured in the standard assessment formula.

5. What are the less obvious costs or benefits of such a large lot?
Costs include higher property taxes based on land value, and significantly more time and expense for maintenance (lawn care, snow clearing). The benefit is a level of privacy, quiet, and creative freedom for land use that is nearly impossible to find in a city setting.