309 Numeracy Lane

Section 1: Property Overview

This property at 309 Numeracy Lane in Winnipeg's Leila North neighbourhood presents a unique opportunity centred on land value and location. Its key characteristic is a sizable 2,751 sqft lot, which ranks in the top tier for size both on its street and within the wider city. The home itself appears to be an older property, with details like living area and year built not specified, suggesting a potential fixer-upper or a candidate for significant renovation or redevelopment.

The primary appeal lies in its land asset and its position within a stable, established area. With an assessed value significantly lower than some immediate neighbours, it represents an entry point into the neighbourhood. This property would suit a specific type of buyer: a hands-on renovator looking for a project, an investor considering land value over existing structure, or a buyer prioritizing lot size and location who is prepared to invest in modernizing a home to their own taste. It’s a property where the future potential, dictated by its lot and location, is a greater driver than its current state.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the neighbour at 330 Numeracy Lane?
Assessed values are based on many factors, including the size, condition, and features of the home itself. The significant difference likely reflects a substantial disparity in the current state, size, or improvements between the two properties.

2. What does the "Top 0%" ranking for the lot size mean?
This statistic indicates that, based on available data, this property's lot is among the very largest compared to all other lots on Numeracy Lane and within the Leila North neighbourhood, which is a notable advantage.

3. Are the missing details (like living area) a concern?
They indicate that this specific data is not currently populated in this particular database. A buyer should confirm all square footage, room counts, age, and condition through a direct viewing, the listing agent, and official property records.

4. Is this a good investment property?
Its potential hinges on its land value and the cost of any required updates. It could be a strong investment for someone able to manage a renovation, as similar lots in the area hold value. The low assessment also suggests potential for value growth through improvements.

5. The nearby "similar value" properties are all condo units on Pembina Highway. How is that comparable?
The comparison is based solely on identical municipal assessed value for tax purposes, not property type or location. It highlights that for the same tax assessment, you could own a land-based property in Leila North versus a condo unit elsewhere, underscoring different market segments.