Property Overview: 805 Haney Street

Key Characteristics, Appeal & Ideal Buyer

This is a classic, well-maintained one-storey home in Elmhurst, built in 1961. Its most defining feature is the exceptionally large, private lot of nearly half an acre (21,772 sqft), which places it in the top 1% of properties in Winnipeg for land size. The home itself offers 1,316 sqft of living space with a finished basement, providing practical single-level living with extra room for recreation or storage. It includes a detached garage.

The primary appeal lies in the rare opportunity for expansive outdoor living, gardening, or future expansion within the city. The property offers a sense of space and privacy that is increasingly uncommon. Its rankings reveal a compelling contrast: while the house is older and modest in size compared to many in the area, the sheer scale of the land provides outstanding long-term value and potential. This isn't just a house; it's a substantial parcel of land with a comfortable home on it.

This property would perfectly suit buyers prioritizing land over sheer interior square footage. It's ideal for those seeking a quiet retreat with room for children, pets, or hobbies, or for a visionary buyer who sees the potential in the lot itself. It appeals to someone comfortable with an older home who values established neighborhoods and the possibility of personalizing both the indoor and outdoor spaces over time.

Frequently Asked Questions

1. What does the "finished basement" include?
The listing notes a finished basement but does not specify the rooms or finish quality. A viewing is essential to assess its condition, ceiling height, and whether it includes legal egress windows or a separate entrance.

2. Why is there a difference between the home's age ranking and its land ranking?
The rankings highlight this property's unique profile. The home is older than most in the neighborhood (ranking in the bottom 4%), which is typical for the area's vintage. However, its lot size is among the largest (top 2% in the community), indicating you are purchasing a premium piece of land that far exceeds the norm.

3. Is the large lot a maintenance burden or an opportunity?
It can be both. The yard requires significant upkeep, but it also offers unparalleled potential for landscaping, adding a workshop, creating recreational spaces, or even future subdivision, subject to city zoning approvals. The value is in the options it provides.

4. How does the assessed value relate to the asking price?
The city's assessed value for taxation is $402,000. The asking price will be determined by the current market, the property's unique land value, and recent sales of comparable lots. The assessment is a useful benchmark but not a direct predictor of sale price.

5. What is the neighborhood character of Elmhurst?
Elmhurst is an established, mature neighborhood with a mix of original homes from the 1960s and newer infill developments. The area is known for its quiet, tree-lined streets and larger lot sizes compared to newer subdivisions, offering a settled, community feel.