Property Overview: 103 Parkside Drive, Bruce Park, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1946, sits on a notably generous 6,500 sqft lot in Bruce Park. Its key appeal lies in the combination of a spacious, above-average yard and a renovated basement, offering immediate livability and room to grow. The living area (1,639 sqft) is comfortably sized, ranking well above averages for both the neighbourhood and the city.
The data reveals a nuanced picture: while the home’s year-built is older than the Winnipeg average, it is actually among the newest on its specific street, suggesting a well-established, stable streetscape. Its assessed value consistently ranks in the top tier against local comparables, indicating a perception of solid value within its immediate context. This property would suit a buyer looking for a character home in a mature neighbourhood who prioritizes outdoor space over a brand-new build. It’s ideal for someone who appreciates a home with a sense of permanence and a renovated basement ready for use, without needing to undertake major structural projects.
Frequently Asked Questions
Q: How does the lot size compare to others?
A: The 6,500 sqft lot is a standout feature. It places in the top 13% on Parkside Drive itself and the top 25% within the broader Bruce Park neighbourhood, offering more private outdoor space than most comparable properties.
Q: The house was built in 1946. What should I consider?
A: While older than the city-wide average, it’s essential to note this home is among the newest on its own block (top 4% on Parkside Drive). This typically means core systems may be of a similar age to neighbours', and a thorough inspection is advised, but it also suggests a consistent, established character for the street.
Q: What does the "renovated basement" include?
A: The listing confirms the basement is renovated but does not specify the scope. We recommend inquiring about the finish quality, permits, and the nature of the space (e.g., recreational room, secondary suite, storage) to understand its full utility.
Q: How is the assessed value positioned in the market?
A: The home’s assessed value ranks in the top 9% against similar homes on its street and in Bruce Park. This suggests the property is viewed as a higher-value asset within its direct peer group, which can be a positive indicator for equity.
Q: Are sale prices in the area consistent?
A: The home last sold in 2019. Current data shows recent sale prices on the same street are around average, while sales in the wider Bruce Park neighbourhood are above average. This indicates a healthy, desirable local market that may support value.