Property Overview: 19 Englemann Cove, Winnipeg

Section 1: Key Characteristics & Appeal

This property in South Pointe West presents a distinct profile defined by a significant contrast between its land and its assessed value. Its most compelling feature is the generous 10,247 sqft lot, which ranks in the top 3% within the neighborhood and is more than double the average lot size on its own street. This offers exceptional outdoor space potential in a modern area where newer homes typically sit on smaller parcels.

The appeal lies in this land value proposition and the opportunity it represents. The home’s assessed value of $149k is notably below averages for the street, neighborhood, and city, suggesting a property that may be undervalued, in need of modernization, or simply a more modest structure on a premium lot. It would suit value-conscious buyers, investors, or builders looking for a large canvas in a desirable, newer community like South Pointe West. This is a property for those who see potential in the land itself and are prepared to explore what lies behind the assessed value figures, whether that means a renovation project or a long-term hold in an area with newer infrastructure.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than neighboring properties?
A significantly lower assessment can indicate several things, including a smaller or older home style on the street, interior condition requiring updates, or that the property has not been recently reassessed to reflect market trends. It’s a key point for further verification.

2. What does the lot size mean for me practically?
A lot of this size (over 1/4 acre) in a newer neighborhood is uncommon. It provides ample space for expansions like a large garage or addition, extensive landscaping, recreational areas like a pool or sport court, and greater privacy than surrounding properties.

3. How reliable is this data without MLS records?
The provided data is drawn from public assessment and land title records, which are reliable for lot size and assessed value. However, for complete sale history, interior details, and exact prior sale prices, a manual lookup or consultation with a real estate agent is necessary, as noted on the site.

4. The "year built" data is missing. How can I find out the age of the home?
The absence of a year built in the summary suggests it may not be a recently built home like others on the street (average year built 2024). The neighborhood analysis page or a direct records request would provide this specific information.

5. Are the low property taxes proportional to the assessed value?
Typically, yes. A lower assessed value generally results in lower municipal property taxes, which can be an ongoing financial advantage. However, any significant renovation or rebuild would trigger a reassessment and likely increase the tax burden.