Property Overview: 170 Parkville Drive, Winnipeg
Key Characteristics & Buyer Profile
This 1,054 sqft bungalow in the Pulberry neighborhood presents a solid, middle-of-the-road opportunity. Built in 1962, it is slightly newer than many immediate neighbors, suggesting potentially fewer age-related concerns than some nearby homes. Its assessed value of $381k is consistently "around average" at every comparison level—street, neighborhood, and city-wide—indicating a fair and stable market valuation without premium or discount pricing.
The home’s appeal lies in its predictability and established setting. The lot size, while below average for Parkville Drive, is near the city-wide average, offering a manageable yard. Its living space is typical for the area, suitable for a smaller household. This property would best suit pragmatic first-time buyers or downsizers seeking a straightforward entry into a mature neighborhood without unexpected highs or lows in value or size. It’s a home for those prioritizing stability over standout features, offering a chance to build equity in a home that closely mirrors its surroundings.
Frequently Asked Questions
1. Is this house a good value compared to others on the street?
The data suggests it is very typical. Its assessed value ranks almost exactly in the middle on Parkville Drive, and its living area is also around the street average. You are not overpaying for the location, nor are you finding a hidden discount.
2. How does the lot size impact the property?
At 5,738 sqft, the lot is smaller than most on Parkville Drive but is close to the Winnipeg average. This could mean less maintenance than larger lots on the street, but also less private space than some neighbors. It’s a practical, not expansive, yard.
3. The home was last sold in 2017. What does that price history indicate?
It sold in the CA$250k–300k range in late 2017. The increase to the current $381k assessment aligns with broader market trends over seven years. This indicates steady, not explosive, appreciation.
4. Are there any less obvious points to consider about this home’s data?
Two points stand out. First, it was built in 1962, which is newer than the street average—a subtle positive for systems and structure. Second, while its city-wide value ranking is in the top 44%, its living area ranks in the top 66%. This implies you get slightly more interior space per dollar compared to the broader Winnipeg market.
5. Who should request the exact sold price history?
If you are seriously considering an offer, you should request the exact historical sold prices via email. The publicly displayed price ranges provide a good guide, but precise figures are necessary for informed negotiation and understanding the property’s specific financial trajectory.