Property Overview: 31 Parkville Drive, Winnipeg
Key Characteristics & Appeal
This 1,481 sqft home, built in 1955, presents a compelling opportunity in Winnipeg's Pulberry neighborhood. Its primary strength lies in its generous 10,651 sqft lot, which ranks in the top 5% city-wide and top 4% on its street. This offers exceptional outdoor space potential, a rare find compared to local averages. The home's assessed value of $453k is consistently above average for its street, neighborhood, and the city, indicating strong perceived value for its offering.
The appeal is grounded in space and established value. The living area is comfortably above average for both the immediate street and the broader Pulberry area. While the home is older than many in the neighborhood, this is balanced by its premium lot size and solid assessment. It suits buyers prioritizing yard space for gardening, recreation, or future expansion over a newer build. It would also resonate with value-conscious buyers looking for a home with metrics that outperform most direct comparables, suggesting a well-positioned asset in a mature area.
Frequently Asked Questions
1. How does the lot size truly compare?
The lot is a standout feature. At over 10,650 sqft, it is approximately 50% larger than the average lot on Parkville Drive and in the Pulberry neighborhood, and about 60% larger than the Winnipeg average for comparable homes.
2. The home was built in 1955. Is that a concern?
It is older than most homes in Pulberry, where the average build year is 1966. This typically suggests a higher likelihood of past renovations or upcoming maintenance needs for original components. A thorough inspection is advised to understand the condition of major systems.
3. The assessed value seems high for the street. Why?
At $453k, the assessment is significantly above the street average of $383k. This is likely influenced by the home's larger-than-average living area and, most notably, its elite-sized lot, which are key factors in municipal valuation.
4. What can the 2016 sale price tell us?
The home sold for between $350k-$400k in late 2016. While not a direct indicator of current market value, it shows a baseline. The current assessed value of $453k reflects the municipal appraisal of its worth since that last sale.
5. How accurate is this sold price data?
The provided sold price is an estimate based on public records, not the official MLS sale price. For fully verified and exact historical transaction figures, you must request a manual lookup from the site, which they provide via email.