Property Overview & Appeal

This property at 330 Numeracy Lane in Winnipeg's Leila North neighbourhood presents a unique opportunity defined by its land value and potential. Its key characteristic is a sizable 2,750 sqft lot, ranking it among the largest in its immediate area. The primary appeal lies in its assessed value of $130,000, which is significantly higher than nearly all neighbouring properties on Numeracy Lane, suggesting the land itself holds substantial worth or development potential. With no details provided for living area, basement, garage, or year built, this listing is best viewed as a land play or a complete renovation project.

It would suit a specific type of buyer: investors or builders looking for a lot with established utilities and address in a mature neighbourhood, or hands-on purchasers seeking a blank canvas for a custom home, fully prepared for the scope and cost of a from-the-ground-up construction or major rehab.

Frequently Asked Questions

1. Why is the assessed value so much higher than the surrounding houses?
This is the central question for this property. The disparity typically indicates that the municipal assessment reflects the value of the land itself for potential redevelopment, rather than the value of any existing structure. It suggests the lot may be a prime candidate for a new build.

2. What is actually on the property right now?
The listing lacks details on any existing structure. A site visit or inquiry with the listing agent is essential to determine if there is a derelict home to be demolished, a vacant outbuilding, or simply cleared land.

3. Are utilities connected to the lot?
Given its location on a developed street, it is very likely that municipal water, sewer, gas, and electrical services are available at the lot line. Confirming the cost and process to connect a new build is a crucial due diligence step.

4. What are the zoning regulations for this lot?
Understanding the zoning (e.g., residential single-family, multi-family) will dictate what can be built, including dimensions, height, setbacks, and whether a duplex or other structure is permissible. This will define the project's potential.

5. How does the "ranked" data work?
The rankings compare this property to others. For example, its land area is in the "Top 0%" on its street, meaning it's the largest or among the largest. Its assessed value is in the "Top 0%" in the neighbourhood (rank 570/569), meaning it is assessed higher than 569 out of 569 properties, making it a clear outlier.