Property Overview & Key Characteristics

This property at 619 Ken Oblik Drive presents a unique opportunity in Winnipeg's South Pointe West neighbourhood. Its primary appeal lies in the land itself—a 2,159 sqft lot that ranks within the top 12% for size on its street. The data suggests it is one of the newest constructions in the entire city, ranking #1 for year built on its street, in the neighbourhood, and across Winnipeg. However, its very low assessed value of $10,700 indicates this is likely a vacant residential lot, not a built home. This is corroborated by the absence of data for living area, basement, garage, and building type.

The property would suit a specific type of buyer: someone looking for a new construction project in an established area, an investor holding land, or a buyer wanting to build a custom home. Its appeal is grounded in its rarity as a new, blank canvas in a mature neighbourhood, offering the chance to create a modern home without the constraints of an older structure. A less obvious perspective is the potential for immediate equity through building, as the finished property's value would be substantially higher than the current land assessment. Buyers should be prepared for the full scope, cost, and timeline of a construction project.

Frequently Asked Questions

1. Is this a house or a vacant lot?
Based on the provided data—specifically the lack of living area and the very low assessed value—this listing is almost certainly for a vacant residential building lot.

2. What does the "rank #1 for year built" mean if there's no house?
This ranking likely refers to the date the lot was officially registered or subdivided. It indicates this is one of the most recent, if not the most recent, parcels created in the area, which is a positive for a new build.

3. Why is the assessed value so much lower than nearby properties?
The listed comparable properties with similar assessed values (e.g., on Zimmerman Drive) are also likely vacant lots. The higher assessed values on Ken Oblik Drive (e.g., $45k for a home built in 2024) reflect properties with completed houses on them.

4. What are the advantages of building on a lot like this?
You can design a home to your exact specifications with modern materials and energy efficiency, potentially in a neighbourhood where most homes are older. You also avoid the immediate maintenance issues common with existing homes.

5. What should I research before considering this property?
Essential next steps include verifying zoning bylaws, checking for any building covenants or restrictions, investigating utility connections and costs, and obtaining accurate estimates for construction, permits, and landscaping to understand the full project investment.