825 Harstone Road

Property Overview: 825 Harstone Road, Winnipeg

Section 1: Key Characteristics & Appeal

This property is defined by its exceptionally large, half-acre lot (22,086 sqft), which places it in the top 1% of all properties in Winnipeg for land size. The home itself is a 1,079 sqft bi-level built in 1967, featuring a finished basement and a detached garage. Its core appeal lies in the rare opportunity for expansive outdoor living, gardening, or future expansion within the city. The rankings indicate a strong, established location in the Eric Coy neighbourhood, offering more privacy and space than typical suburban lots.

This home would best suit buyers who prioritize land over a large interior footprint. It’s ideal for those seeking a quiet retreat with room for children, pets, or creative landscaping. It also presents a solid value proposition for a long-term holder, as the generous lot represents a diminishing resource in urban areas. A thoughtful perspective is that while the house may require updates, the land itself is the appreciating and irreplaceable asset here, offering both current enjoyment and future potential.

Section 2: Frequently Asked Questions

1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Eric Coy, and across all of Winnipeg. For example, being in the "top 1%" for land size city-wide highlights the lot's rarity and is a key feature of this listing.

2. Is the house size sufficient for a family?
At 1,079 sqft plus a finished basement, the living space is functional but modest. The trade-off is the vast outdoor space, making it more suitable for families who value expansive yards and are comfortable with a cozier interior layout or are open to future renovations.

3. What is the significance of the 1967 build year?
Homes from this era are common in the area. While systems and finishes may be due for updates, the construction is typically solid. The rankings show the home's age is newer than 45% of Winnipeg homes, placing it in a middle range that many buyers find manageable.

4. How does the assessment value relate to the asking price?
The municipal assessment of $453,000 is a tax valuation from a prior year and serves as one data point. The listing price will be determined by current market conditions, the property's unique lot size, and its condition, which often differ from the assessed value.

5. What are the implications of a "finished" basement in a bi-level?
In a bi-level, the lower level is partially above ground, often allowing for better natural light and access than a fully subterranean basement. A finished space here effectively doubles the usable living area, which is a significant advantage for a home of this main-floor square footage.