623 Harstone Road

Property Overview

This is a well-established, single-storey home in Winnipeg's Eric Coy neighbourhood, built in 1965. Its primary appeal lies in its exceptionally large, private lot of over 19,300 square feet—a rare find that places it in the top 2% of all properties in Winnipeg for land size. The home itself is of a modest 1,222 sqft with a finished basement and an attached garage. Recent market activity shows strong value growth, with the home selling for $488,000 in January 2025, a significant increase from its 2021 sale price.

The property suits buyers prioritizing outdoor space and privacy over a large interior footprint. It’s ideal for someone with gardening ambitions, who desires room for additions like a workshop or extensive landscaping, or who simply values a generous, quiet yard. The rankings indicate it outperforms most comparable homes in its immediate area and across the city for lot size and recent sale value, suggesting a premium for its land. It would appeal to a downsizer seeking single-level living without sacrificing yard space, or to a family looking for a starter home with unparalleled room to grow and play outdoors.

Frequently Asked Questions

1. What does the ranking data actually mean?
The percentages show how this property compares to others. For example, being in the "top 2%" for lot size in Winnipeg means 98% of homes in the city sit on smaller plots of land. The rankings confirm the lot is this home's standout feature.

2. Is the finished basement included in the 1,222 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement is an additional space, adding functional room beyond the main floor's 1,222 sqft.

3. The home sold for more than its assessed value in 2025. Why?
The assessed value ($437,000) is for municipal tax purposes and often lags behind the current market. The $488,000 sale price reflects what a buyer was recently willing to pay, likely driven by high demand for large lots and recent market conditions.

4. What are the less obvious advantages of such a large lot?
Beyond privacy and space, it offers significant future potential. It provides flexibility for expansions (like an addition or a detached garage), could accommodate recreational features, and may offer better natural light and drainage than smaller, tightly packed lots.

5. The home is over 60 years old. What should I consider?
While the structure has proven durable, a pre-purchase inspection is essential to assess the condition of major aging components like the roof, foundation, plumbing, and electrical systems. The recent sale also suggests the market has confidence in its condition.