Property Overview: 166 Parkville Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,100 sqft bungalow in the Pulberry neighborhood presents a straightforward, value-conscious opportunity. Built in 1964, it is notably newer than many homes on its own street, suggesting potentially fewer immediate concerns with very aged infrastructure. The home’s assessed value of $354k sits below the averages for both its street and neighborhood, indicating a relative affordability point within the area. The lot size is slightly below the local norm but remains generous by wider city standards.
The primary appeal lies in its position as a competitively priced entry into a stable, established community. It suits first-time buyers or practical downsizers seeking a lower entry cost without sacrificing lot space. A thoughtful perspective is that its "below average" assessment for the area could represent a chance for equity growth through updates, as the home isn't chasing the premium prices of some neighbors. It’s a home for those who see potential in a solid foundation and value location and lot over turn-key finishes.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value is for municipal tax purposes. Recent sold prices on the street and in Pulberry suggest homes trade above their assessed values, as seen with the 2022 sale of this property in the $400k-$450k range.
2. How does the living area compare to typical homes?
At 1,100 sqft, it is modest but not unusually small. It is very close to the average for the street and is a typical size for many Winnipeg bungalows from this era, suitable for a smaller household.
3. The home is older—what should I consider?
While built in 1964, it is actually newer than most on Parkville Drive. This is a relative positive, but a thorough inspection for aging components (roof, windows, plumbing, electrical) common to homes of this vintage remains essential.
4. What does the lot size mean for me?
At just under 6,000 sqft, the lot is smaller than others on the street but is still a good size for a family home with a backyard. It offers space for gardening, play, or additions, while requiring less maintenance than a larger lot.
5. Where can I get verified historical sale data?
The site notes that exact sold prices are not displayed publicly due to industry rules. You must request this data directly from them via email for a manually verified report, as it is not sourced from the MLS.