Property Overview
277 Parkview Street is a one-and-a-half storey home in Winnipeg's King Edward neighbourhood. Built in 1918, it features 790 square feet of living space, a detached garage, and a 2,710 square foot lot. The home has a basement, which is noted as not being renovated, and no pool. Recent sales data shows it has traded hands several times since 2016.
Key Characteristics & Appeal
This home presents a straightforward, lower-barrier entry point into the Winnipeg market. Its primary appeal lies in its affordability and location within an established central neighbourhood. The assessed value and recent sold prices are consistently below city-wide averages, making it a notable option for budget-conscious buyers.
The property suits first-time buyers, investors, or downsizers seeking a modest, no-frills home where the land and location provide the core value. Its compact size and unrenovated basement suggest it could be a long-term "live-as-is" property or a candidate for gradual, cosmetic updates. A thoughtful perspective is that its smaller scale and lower taxes could align with a minimalist or financially streamlined lifestyle, offering freedom from the upkeep and cost of a larger, more modern home. However, its living space is notably smaller than most comparable homes on its street and in the area, which is a key consideration for space needs.
Frequently Asked Questions
1. Is this a small house?
Yes. At 790 sq ft, the living area is below the average for similar homes on Parkview Street (~1,002 sq ft) and in the King Edward neighbourhood (~952 sq ft).
2. What is the typical price for this home?
Based on public data, it sold in the range of $19.5k–$22.5k in 2022, and for similar ranges in 2021 and 2016. The exact sold prices are available by request.
3. How does the assessed value compare?
The assessed value of $21.8k is below the average for its street but around the average for the King Edward neighbourhood. City-wide, it is significantly below the average assessed value.
4. How old is the property?
The home was built in 1918, making it over 100 years old. This is around the average age for homes on its street and in the immediate area.
5. What is the lot size?
The lot is 2,710 sq ft, which is below the average for Parkview Street but around the average for the King Edward neighbourhood.