397 Haney Street

Varsity View, Winnipeg

Property score

67.3

Good

Overall 67.3 · Older than most nearby homes

1,108 sqft (bottom 33%) · Built in 1959 (16 yrs older than avg)

Located in a high-income area with median household income of ~92k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 2 schools, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Below average

16 yrs older than neighborhood avg.

Mother tongue

English · 77%Tagalog · 3%

Past 10 years Varsity View sales snapshot (~80% of all data)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

67.3 is composed by the two sections below.

Property Score

59.9Fair
Living Area60
1,108 sqftFair
Year Built43
1959Low
Lot Size88
7,432 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

78.4Good
Household Income81
Excellent
Education Level82
Excellent
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health76
Good

Neighbourhood Sales

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111103

Community deep dive

$92K

Median household income

$131K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

29%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)659
Labour force participation rate62%
Median age44.4
Avg household size2.4
Unemployment rate0%
Population density2353 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households29%
Couple families with children30%
Median household income (2020)$92K

Housing

Renter households32%
Condominium dwellings16%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority10%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,108 sqft
0255075100
Same streetBottom 34%Same areaBottom 33%CitywideBottom 40%
Same street · Haney Street
#81 / 123
Bottom 34% · Avg 1,307 sqft
Same area · Varsity View
#565 / 848
Bottom 33% · Avg 1,387 sqft
Citywide · Winnipeg
#115,894 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
353k
0255075100
Same streetBottom 27%Same areaBottom 29%CitywideBottom 47%
Same street · Haney Street
#90 / 123
Bottom 27% · Avg 428k
Same area · Varsity View
#601 / 848
Bottom 29% · Avg 444.7k
Citywide · Winnipeg
#102,497 / 194,458
Bottom 47% · Avg 390.1k

Year Built

around average
1959
0255075100
Same streetBottom 28%Same areaBottom 25%CitywideBottom 40%

Lot Size

above average
7,432 sqft
0255075100
Same streetBottom 28%Same areaTop 44%CitywideTop 14%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

397 Haney Street — 11 amenities found within 500 m, across 6 categories, including 4 dining (nearest 250 m), 2 education (nearest 300 m), 1 healthcare (nearest 432 m).

Search radius
🍽️Dining4
🏫Education2
🏥Healthcare1
🛒Shopping1
🌳Parks2
🏦Finance1

Crime & Safety

Varsity View · WPS public data · 2026

Annual incidents

6

2026

vs. city avg

-80%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

83%

Sales History

Sold 8/2017CA$300k–350k
Sold price

Same street

Bottom 30%

Same area

Bottom 25%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 397 Haney Street, Winnipeg

Property Overview: 397 Haney Street, Varsity View, Winnipeg

Section 1: Key Characteristics & Appeal

This 1959-built home on a 7,432 sqft lot presents a practical opportunity in the Varsity View neighborhood. Its key appeal lies in its position as a solid, mid-century property that offers a manageable footprint (1,108 sqft living area) paired with a lot size that is above average for Winnipeg. This creates a balance between a home of a comfortable scale and generous outdoor space, a combination that can be harder to find in the city.

The property’s assessed value is notably below the averages for both its immediate street and neighborhood, while sitting closer to the citywide benchmark. This suggests a potential value proposition for a buyer willing to invest in updates, as the home may be priced with its original condition in mind. It suits a first-time buyer looking for a foothold in a well-established area, a practical-minded investor, or a homeowner who prioritizes yard space over a large interior and sees the value in personalizing a property over time. A less obvious perspective is that its older construction date (below area averages) could appeal to those who appreciate the character and build quality of older homes, assuming a sound foundation.

Section 2: Frequently Asked Questions

1. Is this a good value for the neighborhood?
The assessed value is below the Varsity View and Haney Street averages, which can indicate a better entry price for the area. However, this often reflects the home’s original condition and age, so budget for potential updates.

2. How does the lot size compare?
The lot is a standout feature. At 7,432 sqft, it is larger than the Winnipeg average and provides significant outdoor space, which is a premium asset in the city, even if it is smaller than some lots on the same street.

3. What does the "below average" ranking for year built mean?
It simply means the home (built in 1959) is older than many comparable homes on its street and in Varsity View. It does not comment on the condition, but suggests systems and structure may require inspection and potential updating.

4. Who would this property suit best?
It’s well-suited for a buyer seeking a balance of indoor and outdoor space, who is comfortable with a home that may need modernization. It’s less suited for someone seeking a move-in-ready, large interior without a renovation project.

5. How does the living area compare?
At 1,108 sqft, the living space is modest and below the street, neighborhood, and city averages. This confirms the home is a cozier, manageable size, placing the emphasis on the lot and location rather than expansive interior square footage.