601 Harstone Road

Property Overview: 601 Harstone Road, Winnipeg

Key Characteristics & Appeal

This property is defined by its exceptionally large, half-acre lot (22,105 sqft), which places it in the top 1% of all residential properties in Winnipeg for land size. The home itself is a modest, one-storey 1,050 sqft bungalow built in 1961, featuring a finished basement and a detached garage. Its appeal lies in a rare combination of urban convenience and expansive, private outdoor space. While the house may require updates, the true value is in the land, offering immense potential for gardening, recreation, or future expansion.

It would best suit a buyer who prioritizes land over a turnkey home—whether a growing family seeking room for kids and pets, a hobbyist gardener, or a visionary looking for a property where the value can be grown over time through renovations or additions. It’s a solid, grounded property for those who see potential beyond the current finishes.

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 all residential properties in Winnipeg, offering a level of space and privacy that is increasingly rare within the city.

2. Is the house in move-in condition?
Built in 1961, the home is functional with a finished basement, but buyers should anticipate that some systems and finishes may be original or dated, aligning with the era of the build.

3. What are the main advantages of such a large lot?
Beyond privacy and space for activities, a lot of this size provides flexibility for future projects like a major garden, a workshop, a play structure, or even a potential addition to the home, subject to local zoning.

4. How does the assessment value relate to the asking price?
The municipal assessment is $392,000, which is a valuation for tax purposes. The asking price will be set by the market, which often places a significant premium on such a uniquely large parcel of land.

5. What should I consider about the neighbourhood rankings?
The home ranks highly for lot size but lower for modern features like age and living area within its community. This highlights the trade-off: you are purchasing into a well-established area, but primarily for the land rather than a contemporary home.