Property Overview: 315 Parkview Street, Winnipeg
Key Characteristics & Appeal
This is a compact, post-war one-storey home in Winnipeg's King Edward neighbourhood, built in 1947. Its primary appeal lies in its balance of a modest, renovated living space with a proportionally generous lot. At 720 sqft, the house itself is notably smaller than area averages, positioning it as an efficient, low-maintenance footprint. This is offset by a land area of nearly 4,900 sqft, which is above average for King Edward, offering valuable outdoor space and potential.
The home features a renovated basement and a detached garage. Recent sale history and current assessed value (approximately $28,500) indicate it sits in the middle of the pack for its immediate street and area, representing a grounded entry point into the market.
This property would best suit first-time buyers, downsizers, or investors seeking an affordable character home with a manageable interior. The larger lot is a key asset, appealing to those who prioritize garden space, outdoor projects, or future expansion potential over a large indoor floor plan. It’s a practical choice for someone comfortable with a cozy layout who sees value in the land itself.
Frequently Asked Questions
1. Is the smaller living area a significant drawback?
While the 720 sqft home is below average in size, it has been updated with a renovated basement, which adds functional space. This layout can be ideal for minimizing upkeep and utility costs, turning a potential drawback into an efficiency benefit for the right buyer.
2. How does the assessed value compare to recent sale prices?
The current assessed value is around $28,500. The home last sold in August 2022 for an estimated $27,500-$30,500, showing close alignment. An earlier sale in 2017 was in the low $20,000s, suggesting steady value retention in its market segment.
3. What does the "above average" land area mean for me?
With a lot size ranking in the top 22% for the King Edward area, you have more outdoor space than most nearby properties. This allows for larger gardens, recreational space, or future additions like a shed, deck, or even an extension, subject to zoning.
4. What is the neighbourhood context for this property?
In King Edward, this home's assessed value and year built are very typical. Its living area is smaller than most, but its lot size is larger than most. This creates a unique profile: a standard-value home on a better-than-standard piece of land.
5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. You can request them via email through the listing platform. They have committed to providing the accurate figures manually, typically by the end of the same day, without using your email for unsolicited marketing.