Property Summary: 437 Parkview Street, Winnipeg
Key Characteristics & Appeal
This 734 sqft bi-level home on Parkview Street in King Edward is a compact, efficiently sized property built in 1988. Its key characteristic is its modern age relative to the neighbourhood, ranking in the top 20% for year built on its street, meaning it likely requires less immediate upkeep than many older area homes. The home features a renovated basement, adding valuable finished living space. Its appeal lies in being an affordable, low-maintenance entry point into the Winnipeg market, particularly in a central neighbourhood. The lot is a manageable size, and the assessed value is very typical for the immediate area.
This property would best suit first-time buyers, downsizers, or investors seeking a straightforward, no-frills home. It’s for those who prioritize a newer building foundation and a renovated basement over square footage, as the living area is notably below average for the city. It represents a practical choice rather than a spacious one, ideal for someone comfortable with a cozy layout who values location and modern basics over size.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
Based on assessed value, this home is almost exactly average for Parkview Street and the wider King Edward area. You are paying a very typical price for this specific location, not a premium or a deep discount.
2. How does the home’s size compare to others?
The living area is compact. At 734 sqft, it is smaller than most homes on its street, in the neighbourhood, and especially city-wide. The renovated basement does provide additional usable space to offset the main floor square footage.
3. What does the "above average" year built mean for me?
Built in 1988, the structure is significantly newer than the neighbourhood average (which is around 1950). This often suggests potentially fewer concerns with outdated major systems (like wiring or plumbing) common in century-old homes, though a full inspection is always recommended.
4. What was the last known sale price?
Public records indicate a sale between $19.5k and $22.5k in August 2017. For the exact historical sold price, you can request the information via email from the site.
5. What kind of lot does it have?
The land area is just over 2,700 sqft, which is fairly standard for the street but below the large lot sizes found in many other parts of Winnipeg. It offers a manageable outdoor space for maintenance.