342 Bill Briercliffe Drive

Property Overview: 342 Bill Briercliffe Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This home in the Peguis neighborhood presents a distinct value proposition within the Winnipeg market. Its most defining characteristic is its assessed value of $111k, which is notably below average when compared to similar homes on its own street, in the neighborhood, and across the city. This positions it as one of the most accessible entry points into homeownership in the area.

The appeal lies squarely in its affordability and potential. For a buyer with renovation skills or a willingness to invest in updates, the low entry cost allows room for a personalized remodel while likely remaining below the price of a turn-key home nearby. The lot size, while below the city average, is reasonably proportional for the area and offers standard outdoor space.

This property would best suit a first-time buyer, an investor looking for a rental property with a lower initial investment, or a hands-on individual viewing a home as a project. It’s a practical choice for those who prioritize getting into the market over immediate move-in condition, offering a chance to build equity through both market appreciation and personal improvement.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than neighboring homes?
The assessed value is a municipal valuation for tax purposes and can be influenced by factors like the home's age, size, condition, and recent improvements. A value significantly below area averages often indicates the home may require modernization or repairs compared to its neighbors.

2. Is sold price history available for this property?
Public records do not show a detailed transaction history on this site. For fully verified sales history and exact figures, you must request a manual lookup via email, as industry rules prevent the display of certain MLS data here.

3. How does the lot size compare?
At 3,699 sqft, the lot is smaller than the average for Bill Briercliffe Drive but is around the 70th percentile for the broader Peguis neighborhood, meaning it’s a fairly typical size for the immediate community.

4. What should I consider about the neighborhood rankings?
The rankings show this home’s metrics relative to others. It’s ranked in the top percentiles for value because a lower assessed value places it higher in an "affordability" ranking. This is a different perspective than a ranking of desirability or market price.

5. Who should I contact for more details or to view the home?
This summary is based on available public data. For detailed information, scheduling a viewing, or discussing the current market price, you will need to contact a licensed real estate agent directly.