854 Haney Street

Property Overview: 854 Haney Street

This two-storey home in Elmhurst presents a compelling opportunity for buyers seeking space, modern amenities, and a prime location. Built in 2002, its key appeal lies in its generous proportions on a large, approximately 10,659 sqft lot, complemented by a rare private in-ground pool. With over 2,500 sqft of finished living space, a fully finished basement, and an attached garage, the home is designed for comfortable family living and entertaining. Its standout characteristic is its exceptional ranking within the local market; it consistently places in the top 5-10% of the broader Winnipeg area for lot size, living area, and assessed value, indicating a property that outperforms most peers.

The home is ideally suited for growing or multi-generational families who value both indoor and outdoor private space for recreation. It also appeals to value-conscious buyers looking for a turnkey property with strong market fundamentals in a desirable, established neighbourhood. A less obvious perspective is its appeal to buyers who prioritize "future-proofing" their investment; the combination of a large lot, a relatively modern build, and top-tier rankings suggests a resilient asset with room for adaptation over time.

Frequently Asked Questions

1. How does the pool impact utility costs and maintenance?
While offering significant lifestyle appeal, an in-ground pool in Winnipeg’s climate requires seasonal opening and closing, routine chemical maintenance, and will increase summer water and electricity usage. Prospective buyers should budget for these ongoing costs and time commitments.

2. What does the "top 2%" ranking for living area actually mean?
This statistic means this home’s interior square footage is greater than 98% of all residential properties tracked in Winnipeg. It’s a strong indicator of above-average room sizes, layout flexibility, and storage space compared to the vast majority of the market.

3. The home is 24 years old. What major systems might need attention?
While still relatively modern, key components like the roof, HVAC system, and major appliances are approaching or within the window where replacement or significant servicing can be expected. A thorough inspection is advised to assess their remaining service life.

4. Is the high assessed value likely to mean significantly higher property taxes?
Yes, property taxes are directly tied to the municipal assessed value. A home assessed in the top 2% of the city will have a correspondingly high tax bill. Buyers should factor this into their total monthly housing cost calculations.

5. The lot is large, but are there any restrictions on its use?
The sizable lot is a major asset, but any plans for additions, a detached structure (like a shed or garage), or fence installation must comply with City of Winnipeg zoning bylaws regarding setbacks and permitted structures. Always verify with the city before planning significant changes.