Property Overview: 627 Ken Oblik Drive, Winnipeg

Key Characteristics & Appeal

This property at 627 Ken Oblik Drive in South Pointe West presents a unique opportunity defined by its land value. The primary asset is a sizable 2,157 sqft lot, which ranks within the top 12% for size on its street. However, the data indicates there is currently no primary structure, as fields for living area, year built, basement, and building type are not listed. The assessed value is notably low at $10,700, placing it at the very bottom percentile compared to neighbouring and city-wide properties.

The appeal here lies almost entirely in the potential of the vacant or underdeveloped land. It suits a specific type of buyer: builders, developers, or homeowners looking for a blank canvas to construct a new home tailored to their needs in an established neighbourhood. The lot’s strong ranking for size on the street suggests room for a generous footprint or landscaping. A less obvious perspective is that this could represent a lower barrier to entry into the South Pointe West area, with the trade-off being the significant investment required for construction. It’s a property for a visionary, not someone seeking a move-in-ready home.

Frequently Asked Questions

1. Is this a vacant lot?
Based on the provided data which lists no living area, year built, or building type, it is highly likely that this is a vacant lot or a property with a structure of negligible assessed value. Prospective buyers must verify the exact status through direct inspection and municipal records.

2. Why is the assessed value so much lower than nearby homes?
The assessed value reflects the property’s current state. Compared to nearby listings with finished homes and values over $45k, this $10,700 assessment aligns with land value only, without the value added by a developed dwelling.

3. What can be built on this lot?
Any new construction would be subject to the City of Winnipeg’s zoning bylaws, building codes, and any applicable neighbourhood covenants. Buyers must investigate the specific zoning (e.g., residential density, setback requirements) to understand what type and size of home is permissible.

4. Are utilities available to the lot?
This is a critical due diligence question. Buyers must confirm the availability and connection points for water, sewer, natural gas, electricity, and telecommunications, as extending services can be a major cost factor.

5. How do the "rankings" for living area and year built work if there's no house?
The data shows rankings of "Top 1%" for living area and year built because these fields are blank or null. In this statistical comparison, a blank value is treated as the smallest/newest possible, hence the high percentile rank. This technically indicates the property has the "least" living area and is the "newest" (unbuilt) compared to others, but it is essentially an artifact of the data sorting rather than a meaningful feature.