Property Overview & Key Characteristics

This vacant land parcel at 152 Bill Briercliffe Drive in Winnipeg's Peguis neighbourhood presents a straightforward opportunity for a buyer looking to build. The lot is of a practical size at 3,689 square feet. Its primary appeal lies in its position as a blank canvas within an established area, offering the chance to create a custom home without the constraints of an existing structure. The data suggests it is a newer lot within its immediate context, ranking highly for its year built among comparable local properties.

This property would suit a buyer with clear plans to construct their own home, whether an owner-occupier seeking a personalized living space or an investor/builder looking for a development project. It's important to note that the very low assessed value is typical for vacant land and is not indicative of a finished home's value. A thoughtful perspective here is the advantage of building in a neighbourhood where surrounding property values are already established, which can provide more predictability for future value than pioneering in a completely new subdivision.

Frequently Asked Questions

1. What does the assessed value mean?
The listed assessed value is for the vacant land only. It is a municipal valuation for tax purposes and is not a market price or an indicator of what it would cost to purchase the lot and build a completed home on it.

2. Are utilities available to the lot?
Prospective buyers must verify this directly with the city and relevant utility providers. For any vacant land, confirming the availability and cost of connecting water, sewer, gas, and electricity is a crucial first step.

3. What are the zoning regulations and building restrictions?
You will need to investigate the specific zoning bylaws with the City of Winnipeg. These will dictate what can be built, including the type of dwelling, size, height, setbacks from the property lines, and any other development requirements.

4. Why are so many data fields marked as "—" for this listing?
Fields like Living Area, Year Built, and Basement are not applicable because this is a listing for land only. There is no existing house to measure, date, or describe.

5. How does the lot size and ranking compare?
At 3,689 sq ft, the lot is a manageable size for a single-family home. The rankings provided show it is not the largest on its street but is newer than most comparable lots in the wider area, which may suggest it is part of a more recent phase of development in Peguis.