623 Ken Oblik Drive

Property Summary: 623 Ken Oblik Drive

Key Characteristics & Appeal

This property presents a unique profile defined by its land value and location within Winnipeg's South Pointe West neighbourhood. Its primary characteristic is a sizable 2,159 sqft lot, which ranks within the top 12% on its own street for land area. This suggests potential for outdoor space or future expansion relative to many nearby lots. The appeal here is grounded in opportunity, as the property's assessed value is notably lower than other homes in the immediate area, including newer constructions. It suits a specific type of buyer: those with a vision for creating or building their ideal home, investors looking for land value in a well-regarded neighbourhood, or buyers comfortable with a project who prioritize location and lot size over a move-in ready structure. A less obvious perspective is that its standing—ranking at the very top for newer year built and living area on its street—likely indicates it is a vacant lot or a teardown property, making it a blank canvas in an established community.

Frequently Asked Questions

1. Is this a vacant lot or a house?
Based on the available data—specifically the absence of listed living area, year built, and basement/garage details, coupled with an assessed value significantly lower than neighbouring homes—this listing is almost certainly for a vacant residential lot.

2. Why is the assessed value so much lower than nearby properties?
The assessed value reflects the value of the land itself, without a developed structure on it. Nearby properties with houses, such as those on Eastfield Court or Dewar Cove, have assessments that include both land and building value.

3. What can be built on this lot?
Permitted uses, building size (floor area ratio), setbacks, and other regulations are determined by the City of Winnipeg's zoning bylaws. A buyer must consult the specific zoning for this parcel and may need to engage with planning services.

4. Are utilities available to the site?
For any new build, confirming the availability and connection points for water, sewer, natural gas, electricity, and telecommunications is an essential due diligence step. This information is not provided in the listing data.

5. How do the ranking percentages work?
The rankings compare this property against others on the same street, in the neighbourhood, and in Winnipeg. For example, a "Top 1%" rank for living area means 99% of properties have a larger living area; in this context, it strongly supports the conclusion that there is no existing house.