682 Harstone Road

Property Overview: 682 Harstone Road, Roblin Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established two-storey home in Roblin Park sits on a large, mature lot over 10,600 sqft, offering a rare sense of space and privacy within the city. Built in 1991, it is a notably newer home compared to most in its immediate area and across Winnipeg. With 1,852 sqft of living space and a finished basement, it provides practical, multi-level living. The property's standout appeal lies in its compelling data profile: it ranks in the top tier of Winnipeg homes for lot size, living area, and assessed value, suggesting a solid, above-average asset in a desirable neighbourhood. Its recent sale price, however, sits at a more accessible point than its assessment, potentially indicating a value opportunity.

This home would suit buyers looking for a move-in ready family home in a mature neighbourhood, who prioritize a large yard and the stability of a newer build. It’s ideal for those who appreciate space over brand-new renovations and are data-savvy, seeing value in a property that scores highly on key metrics like lot size and assessment relative to its purchase price.

Section 2: Frequently Asked Questions

1. How does the recent sale price compare to the assessment?
The home sold for $430,000 in August 2024, which is notably below its current assessed value of $547,000. This discrepancy may attract buyers but should be explored with a real estate professional to understand the local market context.

2. What does the high ranking for lot size actually mean?
With a lot size ranking in the top 5% for all of Winnipeg, this property offers an exceptionally large yard compared to the vast majority of homes in the city. This is a key, less-replaceable feature for gardening, play, or future expansion.

3. Is a 1991-built home considered "new" in this area?
Yes. The data shows it is newer than 95% of homes on its street and 93% in Roblin Park. This suggests updated building standards, potentially more efficient systems, and likely less immediate need for major foundational or structural updates compared to much older homes.

4. The home ranks highly for assessed value but lower for recent sale price. Why?
The high assessment value (top 12% in Winnipeg) indicates the city’s view of its worth based on property characteristics. The lower sale price ranking suggests it sold for a price that was more competitive or accessible compared to other recent transactions. This can sometimes point to a motivated seller or a market adjustment.

5. What is the neighbourhood character of Roblin Park?
Roblin Park is a mature, established neighbourhood with a mix of older and newer homes. The high rankings for this home's metrics suggest it is one of the larger, newer, and more valuable properties within the area, offering a premium position within a well-regarded community.