275 Bill Briercliffe Drive

Property Overview

This property at 275 Bill Briercliffe Drive in Winnipeg's Peguis neighbourhood presents a compelling opportunity centered on its land value and future potential. The appeal lies less in current structures and more in the foundational assets: a sizable 4,015 sqft lot that ranks highly for its size both on its street and within the wider city. With an assessed value of $120,000, it stands significantly above most neighbouring properties, suggesting it may offer more in terms of land utility, condition, or improvements. It suits a buyer with a vision—perhaps someone looking to build new, substantially renovate, or who values the stability and relative rarity of a larger lot in a mature neighbourhood. It's a property for those comfortable with a project or who see long-term value in land ownership over immediate move-in readiness.

Key Details & Questions

• What does the high assessed value relative to neighbours indicate? The $120,000 assessment is notably higher than nearby homes, some valued around $10,500-$12,600. This typically points to a difference in the property's condition, size, improvements, or official valuation that sets it apart. It's a key point for verification and understanding its municipal tax basis.

• Why are details like year built and living area not listed? The absence of this data for the primary home suggests it may be an older property where records are limited, or it highlights that the current value is driven predominantly by the land itself rather than the existing structure.

• Is the lot size a significant advantage? Yes. Ranking in the top 13% on its street and top 26% city-wide for land area, the lot is a major feature. This extra space is a rarity that offers more privacy, yard potential, or redevelopment flexibility compared to standard lots.

• What should I know about the Peguis neighbourhood? As a mature Winnipeg community, Peguis offers established infrastructure and convenience. The listed nearby properties indicate a closely built streetscape, making this property's above-average lot size a distinct asset within the local context.

• Who would this property not suit? It may not be ideal for buyers seeking a turn-key home with modern finishes and no immediate projects. The focus on land value and higher assessment suggests the existing home likely requires investment, making it better for planners, renovators, or investors rather than someone looking for convenience alone.