293 Numeracy Lane

Property Summary: 293 Numeracy Lane, Winnipeg

Section 1: Key Characteristics & Appeal

This property at 293 Numeracy Lane in Leila North presents a unique opportunity defined by its land value and location. Its primary characteristic is a sizable 4,615 sqft lot, which ranks in the top tier for size on its street. The assessed value of $14,300 is notably higher than most direct neighbours, suggesting the lot itself holds significant inherent value or potential. The appeal here is fundamentally for a buyer with a vision, as the data indicates no existing primary structure (no living area, year built, or building type listed). It suits a specific type of purchaser: someone looking for a blank canvas to build a new home, an investor holding land in a stable neighbourhood, or a buyer interested in the value of a large lot within the city. A less obvious perspective is that this could represent a strategic entry into a neighbourhood where surrounding properties have a wide range of assessed values, offering potential for future value growth through development.

Section 2: Frequently Asked Questions

1. Is there a house on this property?
Based on the provided data, there appears to be no primary residential structure, as fields for Living Area, Year Built, and Building Type are not listed. The value is likely in the land itself.

2. Why is the assessed value higher than the neighbouring properties?
At $14,300, it is assessed significantly higher than most nearby homes on Numeracy Lane. This typically reflects the value of the lot size, its specific location, and its development potential, rather than an existing building.

3. What can I build on this lot?
You would need to consult with the City of Winnipeg’s planning department to understand the specific zoning bylaws, which dictate the type, size, and style of structure permitted.

4. Are utilities available to the site?
Prospective buyers must verify the availability and connection points for essential services like water, sewer, natural gas, and electricity, as this is a critical cost factor for new construction.

5. How does the "top 0%" ranking for the lot size on the street affect value?
This statistic confirms the lot is the largest or among the very largest on Numeracy Lane. This is a key advantage, offering more space for a home, yard, landscaping, or other amenities compared to immediate neighbours, which is a major contributor to its assessed value.