Property Overview: 219 Parkview Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1918, presents a classic character property in Winnipeg's King Edward neighbourhood. With 1,040 sqft of living space, it offers a practical footprint that is competitively sized for its immediate area and neighbourhood. The home features a basement, but it is noted as not being renovated, and the property does not include a garage or pool.
The primary appeal lies in its position as an entry-point home or a value-conscious investment. Its assessed value is notably below both the citywide and street averages, suggesting a potentially lower property tax burden and an accessible price point. The lot, while smaller than many city lots, is typical for the central neighbourhood. This property suits first-time buyers comfortable with a home that may require updates, or investors looking for a character rental in an established area. A thoughtful perspective is that its "below average" metrics in assessed value and land size for the city translate to lower ongoing costs and less maintenance, which can be a smart trade-off for the right buyer seeking affordability in a central location.
Section 2: Frequently Asked Questions
1. What does "not renovated" for the basement imply?
It typically means the basement is in original or functional condition, but not modernized. Buyers should budget for potential updates to flooring, walls, or mechanical systems and should inspect for moisture issues common in older homes.
2. How does the below-average assessed value affect me?
A lower assessed value generally leads to lower municipal property taxes compared to similar-sized homes with higher assessments. It does not directly dictate market selling price, but often correlates with a more affordable purchase.
3. Is the smaller land area a significant drawback?
For this neighbourhood, the lot is around average. It means less yard maintenance but also less private outdoor space. It's a practical fit for those prioritizing location and house footprint over extensive gardening or outdoor living.
4. What are the considerations with a 1918 build?
Homes of this age possess charm but require diligent inspection. Key focuses should be the foundation, roof, wiring, plumbing, and insulation. Original features may be present, but modernizing systems can be a priority.
5. Where can I find the exact historical sale price?
The listed sale range is based on public data. As noted on the detail page, you can request the exact recorded sale price by emailing the provided service; they manually provide the figure without marketing spam.