156 Duck Creek Drive

Property Overview: 156 Duck Creek Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This property presents a distinct profile defined by its value proposition and lot size. Its key characteristic is a very low municipal assessed value of $140k, which is significantly below both the neighbourhood (average ~$544.7k) and city-wide (average ~$390.1k) benchmarks for comparable homes. The lot size of 2,833 sq ft is also notably smaller than the area norm (~29,921 sq ft), placing it in a different category from typical suburban lots in Rosser-Old Kildonan.

The primary appeal lies in its potential as an entry point into homeownership or as a strategic investment, given the low assessed value. It would suit budget-conscious first-time buyers seeking minimal property tax liability, or investors looking for a lower-cost asset with renovation or redevelopment potential, subject to zoning. A less obvious perspective is that this could represent a more manageable, low-maintenance property in terms of yard work compared to the much larger lots common in the area. However, buyers should be prepared for the fact that the home's assessed value suggests it may be older, smaller, or in need of updates relative to its neighbours.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the neighbourhood average?
The assessed value is based on municipal evaluation, which considers factors like the home's size, age, condition, and features. A value this far below the area average typically indicates the property is more modest, older, or in a different condition than the larger, newer homes that pull the neighbourhood average up.

2. What does the "Elite" street ranking mean if there's only one house on the street?
The "Elite" ranking for value and lot size on Duck Creek Drive is a technical result of it being the only property with data on that specific street segment. It doesn't imply luxury, but simply that it's the top (and only) ranked property on that stretch.

3. How can I find out the actual sale history and precise sold prices?
The site does not display MLS transaction data. You must request a manual lookup by email via the "Request exact figures by email" button. They will provide verified history directly, which is crucial for understanding the property's true market activity.

4. Is the small lot size a disadvantage?
It depends on your needs. While well below the spacious area norm, a ~2,800 sq ft lot requires less maintenance and can be a practical choice for those not wanting extensive yard work. It's essential to verify zoning to understand any potential limitations or opportunities.

5. Who are the nearby comparable properties?
The listed "nearby properties" and "similar assessed value" homes provide context. Notably, several other homes on Duck Creek Drive also have assessed values in the $120k-$140k range, suggesting this may be a cluster of more modest properties within the broader, higher-value neighbourhood.