Property Overview: 407 Bill Briercliffe Drive, Peguis, Winnipeg

Section 1: Key Characteristics & Appeal

This property presents a unique profile defined by its land and value. Sitting on a 4,015 sqft lot, it offers a generous parcel of land that ranks within the top 13% for size on its street. The most striking characteristic is its assessed value of $120,000, which is significantly higher than nearly all nearby comparable listings in the Peguis neighbourhood, where many properties are assessed around $12,000. This suggests a substantial improvement or a distinct valuation basis for this specific lot.

Its appeal lies in its potential as a land investment or a foundation for a custom build, given the sizable lot in a developing area. The data indicates it is one of the newest constructions in the broader Winnipeg area, ranking #1 for year built among over 221,000 properties. This suits a specific type of buyer: someone looking for a new or nearly-new foundation in a growing community, possibly a builder, an investor holding land, or a buyer seeking a modern blank slate without the constraints of an older structure. A less obvious perspective is its appeal to a buyer who values statistical rarity—owning a property that ranks at the very top of the city for newness—even if the immediate neighbourhood is still evolving.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much higher than the neighbouring properties?
The assessed value of $120,000 is substantially higher than nearby homes, which are largely valued around $11,000-$12,000. This typically indicates that this property has significant improvements (like a completed or near-complete structure) that the neighbouring lots do not, or it is assessed as a developed homesite ready for occupancy.

2. What does the ranking for "Year Built" mean?
The listing indicates this property ranks #1 in Winnipeg for year built (1 out of 221,429). This means it is statistically the newest or among the absolute newest properties in the city's assessment database, suggesting a very recent construction.

3. Is the home move-in ready?
While the detailed specs (like living area, bedrooms, bathrooms) are not provided in the available data, the high assessed value and top ranking for newness strongly suggest it is a completed or nearly-completed dwelling, unlike the vacant or minimally improved lots nearby.

4. What is the Peguis neighbourhood like?
Based on the provided comparisons, Peguis appears to be a newer, developing community with a mix of vacant lots and recently built homes. The concentration of properties with "Worth viewing" tags and recent build years points to active construction and growth.

5. How does the lot size compare?
At 4,015 square feet, the lot is larger than 88% of properties on its street, offering above-average outdoor space for the immediate area. This is a key asset for privacy, landscaping, or future additions.