633 Harstone Road

Property Summary: 633 Harstone Road, Winnipeg

Key Characteristics & Appeal

This is a well-established, single-storey home on an exceptionally large, mature lot in the Eric Coy neighbourhood. Built in 1962, the 1,191 sqft residence features a finished basement and a detached garage. Its most compelling attribute is the generous 10,447 sqft property, which offers significant outdoor space and privacy—a rarity in the city. The home’s appeal lies in its balance of a manageable living footprint with vast land potential. It ranks highly city-wide for lot size (top 5%), indicating a premium outdoor asset.

This property would suit a buyer looking for a solid, no-frills home with outstanding land value. It’s ideal for someone with a vision for gardens, outdoor living, or future expansion, who values space over a modern turn-key finish. It also presents a strong opportunity for investors or long-term residents who understand the intrinsic value of land in a mature community, where such large lots are increasingly scarce.

Frequently Asked Questions

1. What does the high city-wide ranking for lot size actually mean?
It means this property’s land area is larger than 95% of all residential lots in Winnipeg. This is its standout feature, offering unparalleled space for its price point in the city.

2. The home’s assessment value ranks lower than its lot size. Why is that?
The municipal assessment reflects the current state and size of the 1962-built home itself. The disparity highlights that a significant portion of the property’s value is tied to the land, suggesting the existing house may present an opportunity for updates or renovation to match the lot's premium.

3. Is the finished basement included in the 1,191 sqft living area?
No, typically the listed living area (sqft) refers to above-ground, heated space. The finished basement is an additional area that adds functional living space.

4. What are the considerations with a home from the 1960s?
While offering solid construction, buyers should budget for potential updates to major aging components like the roof, windows, plumbing, or electrical systems. A thorough inspection is essential.

5. How does the “split” or detached garage affect winter use?
A detached garage means you will need to go outside to access your vehicle in winter. For some, this is a minor inconvenience; for others, it underscores the value of the large lot, as there is ample space to potentially build a attached garage in the future, subject to zoning.