226 Numeracy Lane

Property Summary: 226 Numeracy Lane, Leila North, Winnipeg

Section 1: Key Characteristics & Appeal

This property presents a unique opportunity defined by its land value and location. The primary appeal lies in its 2,878 sqft lot, which ranks in the top tier for size both on its street and within the wider Leila North neighbourhood. This suggests potential for expansion, gardening, or outdoor space that is less common in the area. With no existing structure detailed, the appeal is squarely for a buyer looking for a blank canvas—either to build a new home tailored to their needs or as a strategic land investment.

The assessed value is notably low compared to some nearby properties, which may indicate the lot is vacant or requires significant improvement. This suits a specific type of buyer: builders, developers, or savvy homeowners willing to undertake a construction project. It’s less suited for someone seeking a move-in-ready home. A thoughtful perspective is the lot’s ranking within the top 9% in Winnipeg for size, hinting that while the neighbourhood is established, this parcel offers a relative rarity of space that could be leveraged for future value.

Section 2: Frequently Asked Questions

1. Is there a house on this property?
The listing does not show data for living area, year built, or basement, which strongly suggests this is a vacant land listing. Prospective buyers should confirm this with the listing agent.

2. Why is the assessed value so much lower than some neighbours?
The assessed value of $13,100k is likely for the land only, as there appears to be no structure. Neighbouring properties with higher values (like $130k or $14,300k) almost certainly include a house and improvements.

3. What can I build here?
This is a key question for a potential buyer. You would need to verify all zoning bylaws, setback requirements, and any restrictive covenants with the City of Winnipeg to understand what is permissible.

4. Are utilities available to the lot?
For a vacant lot, it is essential to confirm the availability and connection points for water, sewer, natural gas, and electricity, as these factors significantly impact development cost.

5. How does the "top %" ranking work?
The rankings compare this specific property's metrics (like lot size or assessed value) against all other properties on the same street, in the neighbourhood, and in Winnipeg. For example, a "Top 0%" rank for lot size on its street means this lot is the largest or among the very largest.