338 Numeracy Lane

Property Overview & Key Characteristics

338 Numeracy Lane presents a unique profile in Winnipeg's Leila North neighbourhood. Its primary characteristic is a notably low municipal assessed value of $13,500, which ranks it in the top tier for the street itself but is significantly below averages for both the immediate area and the wider city. The lot size of 3,592 sq ft is also below the neighbourhood and city averages. Public sales history for this specific address is not available, and key details like year built and living area are not listed in the provided data.

The appeal here is likely rooted in opportunity rather than established condition. It suits a specific type of buyer: investors, developers, or hands-on owner-builders looking for a land value proposition or a substantial renovation project. The low assessment and lack of detailed data suggest a property that may require complete modernization or even rebuilding. Its value lies in its potential and location, not in its current state. A thoughtful perspective is that this property acts as a blank canvas, but one where all construction and improvement costs must be carefully weighed against the final value in a neighbourhood with varying assessed values nearby.

Frequently Asked Questions

1. Why is the assessed value so much lower than other homes on the street?
A dramatically low assessment often indicates a property in need of major repairs, updates, or one that is not currently functioning as a standard residential dwelling. It typically reflects the municipality's valuation of its current state, not its potential.

2. What does "No sales history is shown for this listing" mean?
It means no public record of a recent sale for this specific address is available in the database. The property may not have changed hands in many years, or the sale data is not captured in public systems. The listing service offers to provide any existing exact sale price manually via email.

3. Who would this property be most suitable for?
It is best suited for buyers with renovation or construction experience, such as builders, developers, or investors. It is likely not a move-in-ready home and requires a vision for its potential and the budget to realize it.

4. How useful are the comparisons to nearby homes with similar assessed values?
They are useful for understanding the property's tax bracket and official valuation, but not for comparing livability. Nearby homes with similar low assessments may be in comparable states of repair, but they could also be smaller dwellings, suites, or have different conditions altogether.

5. How should I interpret the "Elite — Top 0%" ranking for assessed value on Numeracy Lane?
This statistic means it has the lowest assessed value on its own street. In the context of assessed value, a "top" or "elite" rank for being the lowest signifies it is an outlier in terms of its municipal valuation, further emphasizing its atypical condition compared to its immediate neighbours.