193 Zimmerman Drive

Property Overview: 193 Zimmerman Drive, Winnipeg

Key Characteristics & Appeal

This vacant land parcel at 193 Zimmerman Drive in Ridgewood South presents a straightforward opportunity. Its primary appeal lies in its size and location within a stable, established neighbourhood. At just under 6,000 square feet, the lot is larger than 91% of others on Zimmerman Drive, offering ample space for a custom home build or other potential uses. The data suggests it is one of the newest properties on its street and in the wider area, indicating it is likely a recently created lot or a teardown site in a neighbourhood of older homes.

The property would suit a specific type of buyer: someone looking for a blank canvas, such as a builder, a developer, or an individual planning to construct their own home. Its very low assessed value, especially when compared to nearby finished homes with values ranging from $38k to over $68k, highlights that this is a land value proposition. A thoughtful perspective is that this lot could represent a relative value entry point into the Ridgewood South area, allowing a buyer to invest more capital into a new construction that meets modern standards, rather than paying a premium for an existing older structure that may require updates.

Frequently Asked Questions

1. Is this a vacant lot?
While the listing doesn't explicitly state "vacant land," the absence of data for living area, year built, basement, garage, and building type—coupled with a very low assessed value compared to finished homes—strongly indicates it is a land-only parcel.

2. Why is the assessed value so much lower than nearby houses?
The assessed value reflects the value of the land only. Nearby properties with values of $38,000 to $68,000 include the value of a house or other structures on their lots. The comparison shows what improved properties in the area are worth.

3. What does the ranking data mean (e.g., "Top 98% in same street")?
These percentile rankings compare this specific property against others. For example, "Top 98% in same street" for year built means it is newer than 98% of properties on Zimmerman Drive, placing it in the top 2% for newness. This suggests it is likely one of the most recently established lots on the block.

4. Who would be the most likely buyer for this property?
This property is primarily suited for builders, developers, or individuals intending to construct a new home. It is a project-oriented purchase, not a move-in-ready home.

5. Are utilities available to the lot?
The property details do not specify this. This is a critical question for any potential buyer of vacant land and must be verified directly with the city or through a real estate professional to confirm the availability of water, sewer, gas, and electrical connections.