Property Overview
This one-and-a-half storey home on Parkside Drive in Bruce Park is a classic Winnipeg property with a renovated basement and an attached garage. Built in 1946, it sits on a standard 5,255 sqft lot. The 1,576 sqft living space is notably above average for both the neighbourhood and the city. Its appeal lies in its established location, practical updates, and a layout that offers more interior space than many comparable homes. It last sold in September 2021 for $360,000.
This home would suit a buyer looking for a character home in a mature neighbourhood without the maintenance of a massive yard. It’s a strong fit for small families, first-time buyers moving up from a condo, or downsizers seeking single-level living potential (main floor plus renovated basement). The data suggests it offers better-than-average interior space for the area, which is a key value point for those prioritizing roominess over a new build.
Key Questions & Considerations
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, permits, and whether it includes a bathroom or secondary living space.
2. How does the 2021 sale price relate to today's value?
The $360,000 sale from three years ago is a useful benchmark, but market conditions have likely changed. A current assessment is needed to understand its present market value.
3. Are there any concerns with an 80-year-old home?
While the older build date is typical for Bruce Park, it necessitates a thorough inspection. Focus should be on the foundation, roof, wiring, plumbing, and windows to understand what maintenance may be imminent.
4. What are the property taxes?
The assessed value is listed as $36.70k, but this is the assessment, not the tax amount. Taxes are calculated by applying the city's mill rate to this assessment; asking for the annual tax amount will provide a clearer picture of carrying costs.
5. How does the living area compare practically?
The home ranks in the top 22% for living area in Bruce Park. This means it likely feels more spacious inside than many neighbouring homes, a significant advantage for daily living, even if the exterior lot is standard for the street.