147 Jerry Klein Drive

Property Overview

This property at 147 Jerry Klein Drive in Winnipeg's Peguis neighbourhood presents a unique opportunity centered on land value and future potential. Its key characteristic is the sizable 3,779 sqft lot, which ranks in the top 10% for size on its street. The assessed value is notably low compared to other listings in the area, and data indicates it is one of the newest properties on its street. There is no existing garage or pool, and details on the building itself (like living area and year built) are not specified in the available records, suggesting a focus on the land.

Its primary appeal lies in its role as a blank canvas. It suits a buyer looking for a build-to-suit project, an investor holding land in a developing area, or someone seeking an entry point into the market where the value is primarily in the plot rather than an existing structure. A less obvious perspective is that its high ranking for being a newer property on the street, combined with the minimal assessment, could indicate a recently subdivided lot or a teardown scenario, offering a chance to create something modern in an established community.

Frequently Asked Questions

1. What exactly is being sold here?
Based on the provided data, the sale appears to be focused on the land. The listing highlights lot size and assessed value but does not include details on living area, year built, or building type, suggesting the value is in the plot itself, possibly vacant or with a structure of negligible value.

2. Why is the assessed value so much lower than nearby homes?
The significantly lower assessed value, compared to other homes on the same street and neighbourhood, typically reflects the value of the land without a substantial dwelling. This is common for vacant lots, teardown properties, or homes in need of major renovation.

3. Who would this property be best for?
It is best suited for buyers with plans to build a new home, developers, or long-term investors comfortable with a property whose current value is almost entirely in the land. It is likely not a move-in-ready option.

4. How does the lot size compare?
The 3,779 sqft lot is a strong point, ranking in the top 10% on Jerry Klein Drive. This offers good space for a new build, landscaping, or outdoor amenities relative to other properties on the street.

5. What does the "newer" ranking mean if there's no year built listed?
The data states it ranks in the top 3% on its street for being "newer." This could indicate it is a recently registered lot (from a subdivision), or that any existing structure was assessed or built more recently than most neighbours, even if it is not a primary dwelling. Verification with a real estate agent is essential.