Property Overview & Key Characteristics

This property at 279 Bill Briercliffe Drive in Winnipeg's Peguis neighbourhood presents a compelling value proposition. Its primary appeal lies in its land size and relative value within its immediate area. The lot is a generous 4,015 sqft, ranking in the top 13% for size on its street, offering ample outdoor space. The assessed value of $120,000 stands out, being notably higher than most nearby properties on the street and in the top 2% of all Winnipeg assessments, suggesting a solid underlying property value from a municipal perspective.

This home would suit a value-conscious buyer looking for a property with strong fundamentals in a developing area. It's ideal for someone who prioritizes lot size over a finished basement or garage at this entry point, and for an investor or homeowner who sees potential in a property that appears to be assessed significantly above its neighbours, indicating it may be more substantial or improved.

Frequently Asked Questions

1. Why is the assessed value so much higher than the nearby homes?
This is the key question. A municipal assessment significantly higher than neighbouring properties typically indicates the home has more substantial improvements, a larger living area, or features that add considerable value compared to others on the street. It's a strong signal to investigate what specific attributes the assessor recognized.

2. What does the lot size ranking mean for me?
Ranking in the top 13% for lot size on the street means you're getting more land than most of your immediate neighbours. This allows for greater privacy, more room for gardening, play, or future additions like a shed or deck, which can be a major advantage in newer neighbourhoods where lots are often smaller.

3. Who would this property not be suitable for?
Buyers seeking a move-in-ready home with a finished basement, garage, or pool should look elsewhere, as the data indicates these features are not present. It may also not suit those who prefer established, mature neighbourhoods, as the surrounding area appears to be newer and still developing.

4. The "Year Built" and "Living Area" are listed as "—". What does that mean?
This typically indicates that this specific data is not currently available in the database being used. It is essential to confirm the actual build year and square footage directly through the listing agent or property documents, as these are crucial details.

5. How should I interpret the list of nearby and similarly-valued properties?
The nearby properties show the immediate context—homes on the same street with generally lower assessed values. The "similar assessed value" list shows homes in other parts of the city assessed at the same $120,000 point, which can be useful for comparing what that value range buys in different neighbourhoods.