248 Bill Briercliffe Drive

Property Overview & Key Characteristics

This property at 248 Bill Briercliffe Drive in Winnipeg's Peguis neighbourhood presents a straightforward, value-oriented opportunity. Its primary appeal lies in its land, with a 3,064 sqft lot that ranks in the top 13% for size on its street. The assessed value of $10,500 is notably lower than many immediate neighbours and sits in the top 1% of all Winnipeg properties for low assessment, suggesting a potentially lower property tax burden. There is no garage, basement, or pool noted.

This home would suit a first-time buyer, an investor, or someone looking for a modest footprint with land potential. Its value proposition is grounded in its lot size and favourable tax assessment relative to the city. A thoughtful perspective is that while the home itself may be simpler, the combination of a larger-than-average lot on the street and a low official valuation could offer future flexibility, whether for expansion, gardening, or simply as a financially efficient entry into the market.

Frequently Asked Questions

1. What does the "top 1% in Winnipeg" for assessed value actually mean?
It means this property's government-assessed value ($10,500) is lower than 99% of all properties in Winnipeg. This typically correlates with lower annual property taxes, which is a key ongoing cost savings.

2. The listing shows many fields as "—" (like Living Area and Year Built). Why is that?
This indicates that specific data was not available in the database for this summary. A viewing or direct inquiry with the listing agent would be necessary to obtain these important details about the home's interior and age.

3. The lot is larger than most on the street, but the assessed value is lower than neighbours. What might explain this?
This discrepancy often points to the building itself being more modest in size, condition, or features compared to neighbouring homes. The land is valued, but the overall assessment is weighted by the structure on it.

4. Who would this property not be a good fit for?
It would likely not suit buyers seeking a turn-key home with modern finishes, ample built-in storage (no garage noted), or who require a developed basement for living space. It's a project or a pragmatic starting point.

5. Several nearby properties are marked "Worth viewing." Why is that helpful?
It provides immediate context. Seeing comparable homes on the same street or block that are actively on the market allows you to visually compare condition, style, and asking price, helping to gauge the market and this property's value proposition.