Property Overview: 307 Bill Briercliffe Drive, Peguis, Winnipeg

Section 1: Key Characteristics & Appeal

This property presents a distinct value-oriented profile within the newer Peguis neighbourhood. Its most defining characteristic is its assessed value of $115k, which is significantly below averages for its street ($519.9k), neighbourhood ($488.3k), and the wider city ($390.1k). This suggests a very low property tax base, which is a primary financial appeal. The lot size of 4,015 sq ft is modest, particularly compared to others on the street and in the city, indicating a lower-maintenance yard.

The home’s appeal lies in its potential as an affordable entry point into a modern, developing community. It would suit a specific type of buyer: those prioritizing minimal property tax overhead, first-time buyers or investors focused on fundamentals over size, or individuals seeking a newer-build area (the street average year built is 2024) without the corresponding average price tag. A thoughtful perspective is that this could represent a "land bank" opportunity in a growing area, where the value is in the lot and community placement rather than the current structure's scale. Buyers should be prepared that the home’s living area and lot size are below common benchmarks, trading space for financial efficiency.

Section 2: Frequently Asked Questions (FAQs)

1. Why is the assessed value so much lower than neighbouring homes?
While exact reasons require a property inspection, such a large discrepancy typically indicates a more modest home size, construction, or features compared to others on the street. It’s crucial to verify the condition and specifications directly.

2. What are the property taxes likely to be?
With an assessed value of $115k, the property tax bill will be substantially lower than for homes with assessments near the area averages. An exact calculation requires the current City of Winnipeg mill rate.

3. Is there any sales history available for this home?
The listing notes no sales history is displayed. You can request exact historical figures manually from the site via email, as they do not publish MLS transaction data.

4. How does the smaller lot size impact use?
The 4,015 sq ft lot is below the street and city averages. This likely means a more compact yard, which reduces maintenance but may limit options for expansions like large decks, pools, or additions, depending on zoning bylaws.

5. The rankings show "Top 100%." What does that mean?
In this context, rankings like "#9 out of 8" or "#1,620 out of 1,619" place this property at the very bottom of the comparison set for assessed value in its immediate area. Essentially, it has the highest assessed value rank number, meaning it is the least expensive compared to its peers.