Property Overview & Key Characteristics

This property at 76 Dovetail Crescent in Transcona North presents a unique profile defined by its land value and development potential. Its primary appeal lies in the sizable 4,165 sqft lot, which ranks in the top tier for size both on its street and within the wider Winnipeg area. The assessed value is currently very low, consistent with nearby undeveloped or unimproved lots on the street, suggesting this is likely a vacant land parcel or a property with minimal structures.

The data indicates it would suit a specific type of buyer: those looking for a blank canvas, such as builders, developers, or individuals planning a custom home build in a well-established neighbourhood. Its value is almost entirely in the land itself. A thoughtful perspective is that while the lot is large, the immediate neighbouring properties with similarly low values suggest this may be a newer infill or subdivision area, offering a chance to be part of a street's evolution rather than moving into a long-established streetscape.

Frequently Asked Questions

1. Is this a vacant lot or a house?
Based on the provided data—specifically the lack of listed living area, year built, or features like a basement or garage, combined with a very low assessed value matching other empty lots on the street—this listing is almost certainly for a vacant residential lot.

2. What is the real appeal of this property?
The appeal is the land. It’s a large lot in a mature Winnipeg neighbourhood, offering full control to build a new home without the cost or hassle of tearing down an existing structure. It ranks highly for lot size, which is a permanent and valuable asset.

3. Who would this property suit best?
It is ideally suited for builders, developers, or owner-builders with plans to construct a new home. It is less suitable for buyers seeking a move-in-ready property.

4. Why is the assessed value so much lower than some nearby homes?
The assessed value reflects the land only. Nearby properties with significantly higher assessments (e.g., on Emberwell Street) have newly built houses on them, demonstrating the potential value once a home is constructed.

5. What should I research before considering this lot?
Prospective buyers must investigate zoning bylaws, utility connections (water, sewer, gas, electricity), any development permits or fees required by the city, and the typical build timelines and costs in the area to understand the full project scope.