55 Dovetail Crescent

Property Summary: 55 Dovetail Crescent, Transcona North, Winnipeg

Section 1: Key Characteristics & Appeal

This property presents a unique profile defined by its land value and position within its community. Its primary characteristic is a sizable 4,017 sqft lot, ranking it among the very largest on its street and in the top quarter for lot size across both the neighbourhood and Winnipeg. The assessed value of $14,300 is notably higher than most immediate neighbours, suggesting the land itself is a significant driver of value.

The appeal lies in its potential. It suits a buyer looking for a blank canvas—whether that’s building a new home to personal specifications, holding the land as a long-term investment, or utilizing the generous lot size for specific needs like gardening, workshops, or outdoor space that’s harder to find in newer subdivisions. It’s a property for a pragmatic buyer who sees value in land ownership and location over a move-in-ready structure. A less obvious perspective is that, while newer builds nearby command much higher assessments, this property offers an entry point into a stable neighbourhood with the future value hinging almost entirely on what the owner chooses to create.

Section 2: Frequently Asked Questions

1. Why is the assessed value higher than the surrounding houses?
The data indicates the lot size is significantly larger than nearby properties. Municipal assessments factor in land value, so the premium is likely attributed to the substantial 4,017 sqft parcel.

2. What is currently on the property?
The provided details do not specify the type or condition of any existing structure. Key fields like building type, living area, and year built are listed as "—", indicating a primary focus on the land.

3. Is this a vacant lot?
While not explicitly stated, the absence of data for living area, basement, garage, and building type strongly suggests it is a vacant residential lot or has a structure of minimal assessed value.

4. What can I build here?
Any new construction would be subject to the City of Winnipeg’s zoning bylaws, building codes, and permitting process. You would need to verify the specific zoning for this lot to determine allowable property types, sizes, and setbacks.

5. How do the nearby new builds affect this property's value?
The new constructions on Emberwell Street, with modern living areas and assessments near $50k, demonstrate the area’s development potential and rising newer home values. This can positively influence the overall neighbourhood character and the underlying land value of 55 Dovetail Crescent.