Property Overview: 382 Parkview Street, Winnipeg
Key Characteristics & Appeal
This two-storey home on Parkview Street in the King Edward neighbourhood is a modern property built in 2022, offering a move-in-ready opportunity in a mature area. Its key appeal lies in its combination of new construction and an established community. With 1,265 sqft of living space, it is notably larger than most comparable homes in both its immediate area and the wider King Edward neighbourhood, ranking in the top 15% and 11% respectively. The home features a basement (not renovated) and a detached garage.
The property’s assessed value is significantly above average for its street and neighbourhood, placing it in the top 6% and 4% of peers, which suggests a premium for its newness and size. The land area is more modest, typical for the local area but below the citywide average, indicating a more compact, low-maintenance yard.
This home would ideally suit first-time buyers or small families seeking a modern, low-maintenance build without leaving the city core. It also appeals to value-conscious buyers who prioritize interior space and contemporary systems over a large lot. A thoughtful perspective is that this property represents a trade-off: you gain a newer, more efficient home with modern layouts, but within the existing fabric and lot sizes of an older neighbourhood.
Frequently Asked Questions
1. Is this a brand-new build?
The home was built in 2022, so it is essentially new construction with the benefits of modern building codes, energy efficiency, and warranties, but has been occupied for a few years.
2. How does the property’s value compare to others nearby?
Its assessed value is in the elite tier for the King Edward neighbourhood (top 4%), largely due to its recent construction date and above-average living area compared to the many older homes in the area.
3. What is the neighbourhood like?
King Edward is a long-established, central Winnipeg neighbourhood. The presence of many homes built in the early 1900s, like the comparable properties listed, highlights that this newer home is somewhat unique on the block, offering modern living in a classic setting.
4. What does "basement, not renovated" mean?
The home has a basement, but it is finished to a basic or utilitarian standard, not upgraded as a premium living space. It provides essential utility and storage space as originally built.
5. The sold price history shows a range. What did it actually sell for?
The listed price range is an estimate from public data. To obtain the exact historical sold price, you must request it directly from the listing service via the provided email link, as this information is not publicly disclosed in detail.