140 Rambling River Bay

Property Overview: 140 Rambling River Bay, Winnipeg

Key Characteristics & Buyer Appeal

This property presents a unique profile defined by its significant contrasts. Its most striking feature is its exceptionally low municipal assessed value of approximately $52,000, which places it in the bottom tier compared to both the Rosser-Old Kildonan neighborhood and Winnipeg city averages. The lot size is a modest 4,014 sq ft, which is considerably smaller than the large lot norm for its immediate area. These metrics suggest a home that is likely more compact or modest in scale compared to its peers.

The appeal here is fundamentally for value-seeking buyers or investors with a clear vision. It suits someone looking for an entry point into the market with a very low property tax base, or a purchaser who sees potential in a land parcel or existing structure that others may overlook. It could be a strategic fit for a buyer intending a significant rebuild or expansion, where the low current assessment is an advantage, or for someone whose priority is minimal ongoing property tax burden rather than premium size or finishes. The data indicates it exists in a street of very few properties, offering potential privacy, but within a neighborhood where most homes are on much larger lots.

Frequently Asked Questions

1. Why is the assessed value so much lower than nearby homes?
Municipal assessments are based on factors like living area, age, condition, and lot size. The combination of a smaller lot and likely a more modest home size or older condition compared to neighborhood averages results in this lower valuation.

2. What does the "Below Average" ranking for land area mean?
It means this property's lot size (4,014 sq ft) is smaller than the majority of comparable lots in both Rosser-Old Kildonan (where the average is nearly 30,000 sq ft) and across Winnipeg. It is not a large or estate-sized parcel.

3. Can I get the exact sale history for this property?
The public data provided does not show a detailed transaction history. The site offers a manual lookup service where you can request the most accurate available sale information via email, as MLS records are not displayed publicly here.

4. What type of neighborhood is Rosser-Old Kildonan?
The provided data shows it is an area where homes, on average, have large lots and assessed values significantly higher than the citywide average, suggesting a established neighborhood with spacious properties.

5. How reliable is this data?
The figures are based on publicly available information and have had limited verification. They are reasonably reliable for general comparison, but for precise figures and a full history, a manual lookup through the provided service is recommended.