121 Parkside Drive

Property Summary: 121 Parkside Drive, Bruce Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1946, presents a classic Bruce Park opportunity. Its primary appeal lies in its established location and the value proposition of its generous living space relative to its lot. At 1,676 sqft, the living area is notably above average for both the neighbourhood and the city, offering more interior room than many comparable homes. The property sits on a 4,250 sqft lot, which is smaller than most on its street but aligns more closely with average sizes across Bruce Park and Winnipeg.

The home suits two main types of buyers. First, it’s a practical entry point into a desirable neighbourhood for those who prioritize interior space and location over having a large yard. Second, it appeals to value-conscious buyers or investors who see potential in the solid, unrenovated basement and the fact that the home’s assessed value ranks well above area averages. A thoughtful perspective is that while the land size is modest for the immediate street, this can translate to lower maintenance without sacrificing the neighbourhood’s character. The data suggests you are buying into a home with above-average interior volume and assessed value, on a manageable parcel in a well-regarded area.

Section 2: Frequently Asked Questions

1. What does "above average" living area really mean for this home?
Compared to similar homes in Bruce Park, this house has about 346 more square feet of living space than the neighbourhood average (1,676 vs. 1,330 sqft). This significant difference means more room for living, storage, and layout flexibility than many other properties in the area.

2. The lot is noted as "below average" for the street. How big of a concern is this?
The lot is smaller than most direct neighbours on Parkside Drive. However, it is much closer to the average lot size for the wider Bruce Park area and the city. It offers standard yard space while potentially requiring less upkeep than the larger lots on the block.

3. How current is the sale price information?
The listed sale price of $400,000 is from July 2020. This provides historical context, but market conditions have likely changed since then. It should be used as a reference point, not an indicator of current value.

4. What is the condition of the basement?
The listing explicitly states the basement exists but is "not renovated." Buyers should budget for potential updates and anticipate a functional but dated space that may require modernization.

5. The home was built in 1946. What should I consider?
As an 80-year-old home, prospective buyers should prioritize a thorough inspection. This age also means the home likely has classic character and construction quality, but systems (like plumbing, electrical, and the roof) may need evaluation or updating to modern standards.