Property Overview: 329 Parkview Street, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-and-a-half storey home in King Edward presents a solid opportunity in Winnipeg's market. Its key appeal lies in offering above-average space and land for the immediate area. With 1,200 sqft of living area and a 5,421 sqft lot, it ranks in the top 20-25% of homes on its own street for both metrics, meaning you get more room than most neighbors. The detached garage and renovated basement add practical value.
The home’s assessed value is notably above average for both the street and the broader King Edward neighborhood, suggesting it is viewed favorably relative to its local peers. Built in 1947, it’s a character home typical of the area’s period. A thoughtful perspective for buyers is to consider the balance between the home’s "above-average" standing on its specific street versus its more "average" positioning city-wide; it represents a strong offering within its established community context.
This property would suit a buyer looking for a character home with generous outdoor space in a mature neighborhood. It’s ideal for someone who values being in a location where the home’s size and lot are standout features compared to nearby properties, offering potential for both living comfort and future outdoor projects.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home last sold in April 2017 for an estimated $26.5k-$29.5k. Its current assessed value of $33.8k is higher, reflecting market changes and possibly the renovated basement. It's wise to research recent sales of comparable homes for current market context.
2. What does the "above average" ranking for the neighborhood actually mean?
The data shows this home ranks in the top 12-14% of properties in King Edward for both living area and assessed value. In practical terms, you are getting more interior space and a higher valuation than most homes in this specific neighborhood.
3. Is the lot size a significant feature?
Yes. At over 5,400 sqft, the lot is significantly larger than the average for both Parkview Street and the King Edward area. This provides ample yard space, which is a less common find in mature central neighborhoods and offers privacy and room for gardening, play, or expansion.
4. What should I know about a home built in 1947?
While the basement has been renovated, a home of this age will have typical character-home considerations. Prospective buyers should pay attention to the condition of major original systems (like plumbing, electrical, and the foundation) during an inspection, as updates may be needed.
5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed in detail. You can request the precise history by emailing the listing service via the "Get exact sold price history" button; they provide this data manually without using your email for marketing.