50 Bill Briercliffe Drive

Property Overview: 50 Bill Briercliffe Drive, Peguis, Winnipeg

Section 1: Key Characteristics & Appeal

This property is defined by its land. The lot is a substantial 8,540 sqft, placing it in the top tier for size not only on its street but within the wider Peguis neighbourhood and Winnipeg overall. The data suggests it is one of the newer builds in the immediate area, ranking at the very top for year built among comparable listings. However, the assessed value is notably low at $14,500, which is atypical for a newer, large lot and indicates the listing is likely for the vacant land only, with no existing house.

The primary appeal lies in its blank canvas potential. It suits a buyer looking to build a new home tailored to their needs on a premium-sized lot in a developing area. It could also attract investors or developers familiar with the Peguis neighbourhood, given the significant value disparity between this lot and nearby finished homes. The low property taxes associated with the current assessment are a temporary financial benefit during the planning or construction phase.

Section 2: Frequently Asked Questions

1. Is there a house on this property?
Based on the extremely low assessed value compared to neighbouring built homes, this listing is almost certainly for the vacant land only.

2. Why is the assessed value so much lower than nearby properties?
The assessment reflects the value of the land only. Neighbouring properties with houses, like 99 Jerry Klein Drive (assessed at $47,300), include the value of the structure. The comparison highlights the value-add opportunity of building.

3. What does the "top percentage" ranking mean?
These rankings compare this property against others on its street, in Peguis, and in all of Winnipeg. For example, "Top 92% in neighbourhood" means this lot is larger than 92% of lots in Peguis, indicating its size is a significant advantage.

4. Are utilities and services available to the lot?
This is a critical question for a vacant land purchase. Prospective buyers must verify the availability and connection costs for water, sewer (or septic feasibility), natural gas, and electricity with the city and local providers.

5. What are the zoning regulations and any restrictive covenants?
Before purchasing, it is essential to confirm the property's zoning with the City of Winnipeg to understand what can be built, and to review the title for any restrictive covenants that might dictate architectural styles, building size, or other conditions.