Property Overview: 279 Parkview Street, Winnipeg
Key Characteristics & Appeal
This 2023-built, two-storey home in King Edward offers a compelling blend of modern living and established neighbourhood charm. Its primary appeal lies in its exceptional newness and above-average size for the area. With 1,531 sqft of living space, it ranks in the top 5% on its street and top 3% in the neighbourhood for square footage, offering more room than most nearby homes. The property features a renovated basement and a detached garage.
The home’s assessed value is notably high, placing it in the top 1% of both Parkview Street and the wider King Edward area. This suggests a premium, well-appointed property relative to its immediate peers. It is ideally suited for buyers seeking a modern, move-in-ready home without the wait of new construction, and who value being in a mature neighbourhood. It would also appeal to those looking for a property with strong foundational value metrics in a competitive market.
A less obvious point to consider is the land size. At 2,710 sqft, the lot is more compact than many in the city and is slightly below average for the street. This translates to lower exterior maintenance, which is a perk for some, but may not suit those desiring extensive yard space. The home’s standout characteristics are clearly its new build date, generous interior space, and high valuation for the locale.
Frequently Asked Questions
1. Why is the assessed value so high compared to nearby homes?
The assessed value places this home in the top 1% for its street and neighbourhood. This is primarily driven by its very recent construction (2023) and its larger-than-average living area for the area, indicating a premium, modern build with higher-quality finishes and systems.
2. What does the "renovated basement" include?
The listing specifies a renovated basement, but the exact details and finish quality are not described. This would be a key point to clarify with the seller or listing agent to understand if it’s a finished living space, a utility area, or includes legal secondary suite potential.
3. Is the lot size a disadvantage?
The lot is smaller than the average for Winnipeg and even slightly below average for Parkview Street. This means less yard for gardening or play, but also significantly less maintenance. It represents an efficient use of space, prioritizing the home's footprint.
4. How does this home compare to others in Winnipeg for size?
City-wide, its living area is above average (top 29%), but not among the very largest homes. Its standout size is specifically within its local King Edward context, where it is significantly larger than most comparable properties.
5. Where can I find the exact historical sale price?
The listed sale price range for April 2023 is an estimate based on public data. To obtain the precise sale price, you must request it directly via the email link provided on the listing page. The service promises a manual reply with the accurate figure.