Property Overview

This property at 254 Numeracy Lane in Winnipeg's Leila North neighbourhood presents a unique opportunity centred on land value and future potential. Its key characteristic is a sizable 2,876 sqft lot, which ranks in the top 5% for size within the neighbourhood. The appeal lies primarily in its blank-slate nature, offering a chance for new construction or a significant redevelopment project, unencumbered by an existing structure. The very low municipal assessed value reflects this.

It would best suit a buyer with a clear vision and the means to execute it, such as a builder, an investor looking for a long-term hold, or an individual planning to construct a custom home. A less obvious perspective is its potential appeal to someone seeking minimal property tax liability on a held asset. The lot's ranking suggests it is an outlier in size on its street, which could offer more privacy or design flexibility than neighbouring properties.

Frequently Asked Questions

1. Is there a house on this property?
The listing does not show data for living area, year built, or building type, and there is no mention of a basement, garage, or pool. This indicates the property is likely a vacant lot or has a structure of negligible value.

2. Why is the assessed value so low compared to nearby homes?
The assessed value of $13,100 is for the land only. Nearby properties with similar assessed values are likely also vacant lots, while those with higher values (e.g., $130k, $14.3k) include buildings.

3. What can I build here?
You would need to verify all zoning bylaws, setback requirements, and building codes with the City of Winnipeg. The large lot size is a positive starting point for many types of residential construction.

4. Are utilities available to the lot?
This is a critical question for any new build. Prospective buyers must contact the city and local utility providers to confirm the availability and cost of connecting water, sewer, gas, and electricity.

5. Why are there no details on the year built or living area?
This data is typically pulled from municipal records. Its absence strongly suggests that, for assessment purposes, there is no meaningful structure on the land to report.