Property Overview & Appeal

This property at 39 Clarkleigh Crescent presents a unique profile within Winnipeg's Rosser-Old Kildonan area. Its key characteristic is the land itself—a 3,159 sqft lot that ranks above average for size on its street. The most striking data points are its exceptionally low municipal assessed value of $12,300 and the absence of listed details for a primary structure, living area, year built, basement, or garage. This suggests the property is likely a vacant residential lot or a property with a structure of negligible assessed value. Its appeal lies in its potential as a blank canvas in an established neighbourhood. It would suit buyers looking for a land investment, those planning a custom build, or developers seeking infill opportunities. A less obvious perspective is that such a property can offer a lower barrier to entry into a neighbourhood where finished homes may be priced higher, though it requires a buyer prepared for the project and costs of construction.

Frequently Asked Questions

1. Is this a vacant lot?
Based on the provided data—specifically the lack of living area, year built, or building type details, coupled with a very low assessed value—the property is almost certainly a vacant residential lot or has a structure considered valueless for assessment purposes. Verification with a real estate agent or the listing is essential.

2. Why is the assessed value so low compared to nearby homes?
The assessed value reflects the land value only, as there appears to be no significant structure on the property. Nearby listings with similar assessed values are likely also lots, while homes with finished dwellings have assessments in the hundreds of thousands.

3. What should I consider before buying a lot like this?
Key considerations include: verifying zoning and any restrictive covenants, researching costs for bringing utilities (water, sewer, power) to the site, understanding permit processes and timelines for new construction, and budgeting for property taxes that will increase significantly once a home is built.

4. How does the lot size and ranking compare?
At 3,159 sqft, the lot is larger than 58% of others on Clarkleigh Crescent, offering a better-than-average footprint for the street. This is the property's clearest comparative strength in the available data.

5. Are the "similar assessed value" properties good comparables?
They are comparables for land value only. These listings with identical $12,300 assessments are likely similar vacant lots, but they are in different neighbourhoods across Winnipeg. For understanding build potential and local market dynamics, the "nearby properties" on Clarkleigh Crescent are more relevant.