164 Nuthatch Bay

Property Summary: 164 Nuthatch Bay

Section 1: Key Characteristics & Appeal

This property on Nuthatch Bay presents a unique profile defined by its land and location within the Rosser-Old Kildonan neighbourhood. Its primary appeal lies in its generous 4,485 sqft lot, which ranks within the top 11% for size on its street, offering ample outdoor space in a city setting. The data suggests a standout characteristic: it ranks as the newest home on its street and within the entire neighbourhood, indicating a potentially modern structure or a significant recent rebuild.

The appeal is for a specific buyer. It would suit someone who values land size and a newer construction above all else, possibly a buyer looking to build equity in a solid structure on a sizable plot. It’s also a fit for those who appreciate a sense of rarity, as its "newest" status makes it unique in the area. However, the very low assessed value compared to nearby properties (like 52 Nuthatch Bay at $130k) is a critical point that requires clarification; it suggests this may be a vacant lot, a teardown, or a property with an unconventional status, not a standard move-in ready home. This makes it a potential opportunity for builders, investors, or those with a vision to create their own home, rather than a traditional family buyer.

Section 2: Frequently Asked Questions (FAQs)

1. Is this a vacant lot or a house? Based on the extremely low assessed value compared to neighbouring homes, this listing most likely represents a vacant residential building lot. Prospective buyers should confirm this with the listing agent.

2. What does it mean that it ranks as the "newest"? For a property with a very low assessed value, this typically means the current structure (if any) was built or officially recognized more recently than others on the street. It could also indicate a lot that was recently subdivided or had its status changed.

3. Who is this property most suitable for? It is best suited for builders, developers, or individuals planning to construct a new custom home. It is generally not suitable for buyers seeking a turn-key, move-in ready property.

4. Why is the assessed value so much lower than the house at 52 Nuthatch Bay? The $130k assessment at 52 Nuthatch Bay reflects a developed home with a structure. The $13.4k assessment for 164 Nuthatch Bay almost exclusively reflects the value of the land itself, confirming there is likely no substantial dwelling on the property.

5. Are utilities and services available to the lot? This is a crucial question for a potential building lot. Buyers must verify the availability and connection points for water, sewer (or septic requirements), natural gas, and electricity at the street.