Property Overview & Key Characteristics

This property at 176 Duck Creek Drive presents a unique opportunity centered on its land value and location within Winnipeg's Rosser-Old Kildonan area. The primary appeal lies in its substantial 2,833 sqft lot, which ranks in the top tier for size both on its street and within the wider neighbourhood. With an assessed value of $140,000 that places it significantly above most immediate neighbours and in the top 3% city-wide for assessment, it suggests a solid underlying land value. There is no garage, pool, or finished basement noted, and details on the building itself, such as year built and living area, are not provided, indicating the potential is largely in the parcel itself.

This listing would suit a buyer looking for a land-play, whether for future development, building a new home, or as a long-term hold in a established neighbourhood. It's also a candidate for someone comfortable with a project, where the value is in what can be created rather than in a move-in ready home. A less obvious perspective is its appeal to an investor seeking a property with a strong, disproportionate assessed value compared to surrounding homes, which can be a marker of stability or future growth potential in an area.

Frequently Asked Questions

1. Why is the assessed value so much higher than nearby properties?
The assessed value of $140,000 is notably higher than many neighbouring lots, which are shown with values as low as ~$11k. This typically reflects a higher valuation of the land and/or any existing structures by the municipal assessor, often due to lot size, location within the area, or the condition of the property relative to others.

2. What does the lack of information on the building (year built, living area) imply?
This absence usually means the data is not currently available in the municipal database used for the comparison. Prospective buyers should prioritize a viewing and consult property records to determine the exact nature and condition of any existing structures.

3. Who would this property be most suitable for?
It is best suited for buyers whose primary interest is in the land itself. This includes those planning to build, developers, or investors looking for a property where the core value is in the lot rather than an existing, modernized home.

4. How should I interpret the "rank" statistics provided?
The rankings compare this property against others on its street, in the neighbourhood, and across Winnipeg. For example, ranking in the "Top 0%" for lot size on its street means it has the largest or one of the largest lots there. These stats are useful for understanding the property's relative standing in key metrics.

5. Are the nearby "similar assessed value" properties comparable homes?
Not necessarily. These listings are filtered by a similar municipal assessed value ($140k) only. They are located in different neighbourhoods across Winnipeg and may be entirely different property types (e.g., condos, smaller lots). They are a financial benchmark, not a direct comparison of the home or land characteristics.