Property Overview: 189 Parkview Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Bruce Park is a property defined by its established neighbourhood setting and practical footprint. Built in 1918, it sits on a 3,691 sqft lot, which is a very typical size for Parkview Street itself. The home’s 864 sqft living area is modest, placing it below the average for both the wider Bruce Park area and the city, suggesting a cozy, efficient layout. A key updated feature is the renovated basement, adding valuable finished space, and the property includes a detached garage.
Its primary appeal lies in its position as a relatively affordable entry point into a mature neighbourhood. The data shows its assessed value is unexceptional for its immediate street but is below average for the broader area, potentially indicating value within the context of Bruce Park. It would suit a first-time buyer, an investor, or someone looking to downsize, prioritizing location and a manageable lot over a large house. A thoughtful perspective is that while the home is smaller than many in Winnipeg, its lot size is competitive on its own street, offering balanced outdoor space without excessive maintenance. The renovated basement is a significant functional upgrade not always found in homes of this vintage.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
While its living space (864 sqft) is below the Bruce Park average, its lot size is very typical for Parkview Street specifically. This suggests you’re getting a standard neighbourhood parcel with a more compact home.
2. What does the “below average” assessed value for the neighbourhood mean?
It indicates the home’s official assessed value is lower than many in Bruce Park. This can sometimes point to a more accessible price point for the area, but it’s essential to have a current market evaluation.
3. The home was built in 1918. What should I consider?
While it offers classic character, a thorough inspection is crucial to understand the condition of older components like wiring, plumbing, and the foundation, even with a renovated basement.
4. Is the detached garage a standard feature here?
The listing confirms a detached garage, which is a valuable asset for storage and vehicle protection, but its size and condition should be verified in person.
5. How stable is the value on this street?
The data shows that compared to other homes on Parkview Street, this property’s key metrics (land, value, year built) are all around the middle of the pack, suggesting it is a very representative property for the block rather than an outlier.