Property Overview: 564 Harstone Road, Winnipeg

Section 1: Key Characteristics & Appeal

This property is defined by a compelling contrast. It is a modest, 816 sqft one-storey home built in 1946, sitting on an exceptionally large, mature lot of over 15,400 sqft in the established Roblin Park neighbourhood. Its appeal lies in this unique balance: the home itself offers a functional, renovated basement and a classic layout, while the land represents a rare opportunity in the city. The lot size ranks in the top 2% of all Winnipeg properties, offering immense potential for gardening, expansion, or future redevelopment.

The home would suit two distinct types of buyers. First, it’s ideal for a practical buyer or small household seeking an affordable entry into a desirable neighbourhood, who values private outdoor space over a large interior footprint. Second, it is a prime candidate for an investor or builder with a long-term vision, attracted by the underlying value of the land itself. A thoughtful perspective is that this property allows you to own a piece of Roblin Park’s character now, with the land acting as a long-term asset that provides options down the road, whether for personal enjoyment or investment.

Section 2: Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Roblin Park, and across all of Winnipeg. Key takeaways: its lot size is exceptionally large (top 2% in Winnipeg), while the house itself is older and more modest in size compared to local averages. This highlights the property’s defining characteristic: the value is weighted heavily toward the land.

2. Is the house in good condition for its age?
The listing notes a finished basement, suggesting some updates have been made. However, given the home’s age (80 years), a thorough inspection is essential to understand the condition of major systems like the roof, plumbing, wiring, and foundation.

3. What can I do with such a large lot?
The possibilities are a major draw. Beyond extensive gardening and recreation, the lot size may allow for significant additions, the construction of a detached garage or workshop, or even future subdivision or redevelopment, subject to City of Winnipeg zoning and bylaws.

4. Why is the assessed value relatively low compared to the lot size?
Municipal assessments typically reflect the current state and size of the home as much as the land value. The modest assessment here aligns with the smaller, older dwelling. The market value is likely to be influenced more by the development potential of the lot, which may not be fully captured in the tax assessment.

5. What is the neighbourhood like?
Roblin Park is a mature, established community. The high lot-size ranking within the neighbourhood (top 32%) indicates this is one of the larger properties in the area, offering more privacy and space than typical. Its location provides a quiet, residential feel while still being within easy reach of city amenities.