339 Bill Briercliffe Drive

Property Overview & Key Characteristics

This property at 339 Bill Briercliffe Drive in Winnipeg's Peguis neighbourhood presents a specific value proposition. Its key characteristic is the land itself—a 3,778 sqft lot—which ranks above average in size for its immediate street. The primary appeal lies in its very low municipal assessed value of $11,800, which is significantly below many nearby and comparable properties, some of which are assessed up to ten times higher. This suggests potential for a low property tax burden relative to the area.

The home would likely suit a specific type of buyer: someone looking for a land opportunity or a very affordable entry point into the Winnipeg market, possibly a first-time buyer, investor, or someone willing to undertake a significant renovation or rebuild. It's important to note that the listed data shows no details for living area, year built, basement, or garage, indicating this may be a vacant lot or a teardown property. The appeal is less about move-in readiness and more about future potential and land value, making it a project-oriented purchase.

Frequently Asked Questions

1. Is this a vacant lot or a house?
Based on the provided data, key details like living area, year built, and basement/garage information are listed as "—" (not available). This strongly suggests the listing is for a vacant piece of land.

2. Why is the assessed value so much lower than nearby properties?
The assessed value of $11.8k is in the bottom 1% for Winnipeg. This typically reflects the value of the land only, without a developed structure contributing to the value, unlike neighbouring properties with homes on them.

3. What can I actually build here?
You would need to consult with the City of Winnipeg's planning department to understand the zoning (R1, R2, etc.), which dictates the type and size of dwelling permitted, setback requirements, and other buildable parameters.

4. Are utilities (water, sewer, power) available at the lot line?
This is a critical question for a land purchase. A buyer must confirm the availability and connection costs for city water, sewer, natural gas, and electricity, as these can represent a significant upfront expense.

5. How does the low assessment affect property taxes?
While the current tax bill would be very low due to the minimal assessment, any new construction will trigger a reassessment upon completion. Taxes would then be based on the new, much higher value of the land plus the improved structure.