Property Overview: 14 Duck Creek Drive, Winnipeg

Key Characteristics & Appeal

This property at 14 Duck Creek Drive in the Rosser-Old Kildonan neighbourhood presents a distinct value proposition. Its most defining characteristic is its assessed value of $140k, which is significantly below both the local area average (approx. $544.7k) and the wider Winnipeg average (approx. $390.1k). The lot is a standard urban size at 2,833 sq ft, which is modest compared to the larger lots typical in its immediate area.

The primary appeal lies in its potential as an entry point into the Winnipeg market or as a strategic investment opportunity. It suits buyers with a clear vision for renovation or development, those seeking minimal property tax liability based on assessment, or investors looking for a lower-cost asset in a city where average values are higher. A thoughtful perspective is that its "below average" ranking in assessed value isn't necessarily a negative; it can represent a lower barrier to entry in a stable neighbourhood, offering room for value addition through updates or expansion, which may not be as feasible with a premium-priced home.

Frequently Asked Questions

1. Why is the assessed value so much lower than area averages?
While exact reasons require a property-specific review, a significantly lower assessment often correlates with an older home that may require modernization, a smaller living area, or a combination of factors not captured in the basic metrics. It's a key point for further investigation.

2. Is recent sales history available for this home?
No sales history is displayed for this listing. The site notes that exact, verified sales figures must be requested manually via email, as they do not source or display MLS sales records.

3. What does the "Top 100%" ranking for assessed value in the area mean?
A rank of 560 out of 559 comparable homes in the area (Top 100%) indicates this property has the highest assessed value in its comparison group, placing it at the very top of the range. This seems contradictory to the low dollar figure and may suggest the "comparable group" is curated from homes with similarly low assessments.

4. How useful are the comparisons to nearby properties on Fernbank Ave and Skylark Lane?
The nearby properties shown have assessed values ranging from $110k to $120k, providing a consistent neighbourhood context. This suggests the $140k assessment for 14 Duck Creek Drive is slightly above others on its street, but all remain in a notably lower value tier than broader area averages.

5. What should I do next to understand this property's true market value?
The provided data highlights a significant value discrepancy. The essential next steps are to request the exact sales history via the site's manual lookup service and to conduct a thorough in-person viewing to evaluate condition, layout, and any factors not reflected in the statistical summary.