Property Overview: 347 Parkview Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Parkview Street in King Edward is a compact, character property built in 1914. With 806 square feet of living space and a renovated basement, it offers efficient, single-level living. The lot is a manageable 2,713 sqft, typical for the immediate area. Its assessed value is notably below averages for the street, neighbourhood, and city, positioning it as an accessible entry point into the market.
The primary appeal lies in its affordability and practicality. It suits first-time buyers, downsizers, or investors looking for a straightforward, lower-maintenance property without a large upfront investment. A thoughtful perspective is its potential as a "foot-in-the-door" in a central neighbourhood, allowing for equity building. While the home is smaller and older than many comparables, the renovated basement adds functional space, and the below-average costs for taxes and upkeep could free up budget for personal updates or savings.
Section 2: Frequently Asked Questions
1. Is the sold price history accurate?
The listed sale range (e.g., $18.5k–$21.5k in 8/2024) is based on public data. For the exact historical sold price, you must request it via email from the site; they provide this detail manually at no cost.
2. How does the home's size compare to others?
At 806 sqft, the living area is below average for Parkview Street, King Edward, and Winnipeg overall. This indicates a cozier, more efficient layout compared to most local homes.
3. What does the assessed value tell me?
The $20,900 assessment is below typical values for the area. This often correlates with lower property taxes, but it's also a reflection of the home's smaller size and age relative to the market.
4. Are there any major concerns with a 1914 build?
While the basement has been renovated, the age of the home means prospective buyers should pay special attention to the condition of fundamental systems like wiring, plumbing, and the foundation during an inspection.
5. What are the parking options?
The listing specifies there is no garage. Parking is likely limited to on-street, which is common for homes of this era in the neighbourhood.