Property Overview & Key Characteristics

This property at 352 Desrosiers Drive in Winnipeg's Canterbury Park neighbourhood presents a unique profile defined by its land value and location. Its primary appeal lies in its sizable 3,775 sqft lot, which ranks in the top 1% for size on its street. This suggests significant potential for expansion, gardening, or outdoor space relative to immediate neighbours. The assessed value is notably lower than many nearby homes, indicating this may be a vacant lot, a teardown property, or a home in need of substantial renovation.

The property would suit a specific type of buyer: investors or builders looking for a land play in an established area, or hands-on purchasers seeking a blank canvas or major project. It is less suited to those seeking a move-in ready home. A thoughtful perspective is that while the data shows a low current value, the lot's ranking highlights a scarcity of larger parcels on the street, which could be a strategic long-term advantage. The established neighbourhood with newer builds nearby (like the 2023 home on the street) indicates an area in transition, blending older stock with recent development.

Frequently Asked Questions

1. Is this a vacant lot or a house?
Based on the provided data—specifically the absence of listed living area, year built, or features like a basement or garage, coupled with a very low assessed value compared to finished homes on the same street—it is highly likely this is either a vacant residential lot or a structure with negligible assessed improvement value.

2. Why is the assessed value so much lower than neighbouring properties?
The assessed value reflects the property's current state as determined for tax purposes. Compared to the listed nearby homes with values ranging from $12.90k to over $55k, this $12.50k assessment strongly suggests there is no significant dwelling on the parcel, or one that adds minimal value relative to the land itself.

3. What can the lot size rankings tell me?
The lot is 3,775 sqft and ranks in the top 1% on its street (101 out of 102, where a higher rank is better). This means it is one of the largest lots on Desrosiers Drive, a key point of value. It offers more space than nearly every other property on the street.

4. Who would be the most likely buyer for this property?
This property is geared toward builders, developers, or homeowners planning a custom build or major renovation. It represents an opportunity to acquire land in an established neighbourhood where larger lots are rare, with the intent of creating new value through construction.

5. How should I interpret the "Year Built" and "Living Area" being blank?
In standard property listings, these fields are populated for developed homes. Their absence here, while nearby properties have this data, is a clear indicator from the source that this property lacks a finished dwelling of record. Any due diligence should start with confirming the exact legal status and permitted uses of the land with the city.