Key Characteristics & Ideal Buyer Profile

This property at 258 Bill Briercliffe Drive is a newer home, built around 2024, with a living area of roughly 1,849 square feet. That puts it above the average for both its Peguis neighbourhood and the wider Winnipeg area, though it’s fairly typical for its immediate street. The lot size of 3,064 square feet is smaller than the local and city averages, which is worth noting if outdoor space is a priority.

The main appeal here is value relative to the local market. The property’s assessed value for tax purposes sits around $105,000, which is significantly below the neighbourhood average of $488,000 and well below the city-wide average of $390,000. That gap suggests this home is priced to offer a lower tax burden and potentially a more attainable entry point compared to other homes in the area. The trade-off is the lot size and the fact that the assessed value is lower than most properties on the street, which could reflect a more modest finish or configuration relative to neighbours.

This property would suit a buyer who wants a newer, efficient home in a developing area without paying a premium for a large yard. It’s a good fit for first-time buyers, downsizers, or anyone looking for lower ongoing tax costs. Investors might also take interest in the newer construction and below-average tax assessment. Buyers who prioritize a spacious lot or top-of-market finishes should look elsewhere.

Five Frequently Asked Questions

1. How does the tax assessment compare to similar homes nearby?

The assessed value of $105,000 is well below the Peguis neighbourhood average of $488,000 and the Winnipeg average of $390,000. On its own street, it’s also lower than the average of $520,000. This typically means lower annual property taxes, but it’s worth confirming the exact mill rate and any upcoming reassessments with the city.

2. The living area is above average, but the lot is smaller than most. Is that a concern?

That depends on your needs. The home’s interior is spacious relative to the neighbourhood and city, which is a plus for indoor living. The smaller lot (3,064 sqft vs. a neighbourhood average of about 5,966 sqft) means less yard maintenance, which some buyers prefer. However, if you want room for gardens, a workshop, or expansion, this may feel tight.

3. What does “below average” in the ranking data actually mean for this property?

The rankings compare this home to others on the same street, within Peguis, and across Winnipeg. For land size and assessed value, this home falls below the average in all three categories. The progress bar shows it has less yard space and a lower tax value than most comparable homes. That’s not a red flag for everyone—it simply highlights where the property offers less than typical.

4. Is this a new build, and what condition should I expect?

The building year is listed as 2024, so it is effectively brand new. You can expect modern construction standards, energy efficiency, and current finishes. That said, as with any new home, it’s wise to have an inspection done to check for any settling issues, warranty coverage, and builder reputation.

5. How does this property compare to others if I look at a map of the area?

The property page includes an option to open a map-based comparison tool for nearby single-family homes. That view lets you compare building year, living area, assessed value, and lot size side by side with surrounding properties. It can help you see whether this home is an outlier in its immediate area or part of a cluster of similar newer builds.