Property Overview: 244 Parkville Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 244 Parkville Bay presents a compelling profile defined by its strong standing within its immediate community. Its key characteristic is being a well-above-average property for its specific street, particularly in terms of assessed value and year built. With a living area of 1,324 sqft, it offers more space than most homes on Parkville Bay. The lot size is a significant asset, at nearly 9,300 sqft, which is larger than most lots in the wider neighborhood and city, offering ample outdoor space.
The appeal lies in its position as a premium offering on a street of mostly older, smaller, and lower-valued homes. Built in 1970, it is notably newer than the typical home on the block. The assessed value of $466k ranks in the top 4% for the street, suggesting a property that has been updated or maintained to a higher standard than its neighbors. This creates an interesting dynamic: you're acquiring one of the best properties on the street, which can offer stability and pride of ownership, but within a more modestly priced overall area.
This property would suit a buyer looking for a generous lot and more modern home in the established Pulberry neighborhood, who values space and a relative sense of premium positioning on their block over being in a uniformly high-end district. It’s a practical choice for those who want room to grow or enjoy outdoors without moving to the far suburbs.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much higher than the street average?
The home is both newer (1970 vs. a 1960 street average) and has a larger living area and lot size than most neighbors. This combination, along with potential updates and condition, results in its elite assessed value ranking on Parkville Bay.
2. How does the lot size compare?
The lot is a standout feature. At 9,291 sqft, it is significantly larger than the averages for the street (~7,047 sqft), the Pulberry area (~7,039 sqft), and the city overall (~6,570 sqft).
3. What does the sold price history indicate?
The home last sold in March 2020 for an estimated $400k-$450k. This placed it in the top 30% of sale prices for the street at that time, consistent with its above-average profile.
4. Is the living area considered large?
At 1,324 sqft, it is above average for Parkville Bay but close to the average for the broader Pulberry neighborhood and the city of Winnipeg. The space is comfortable and competitive, but the primary size advantage here is the land, not the interior square footage.
5. What are the nearby homes like?
The immediate neighbors on Parkville Bay and nearby streets are typically older (early 1960s), with smaller living areas and lower assessed values. This home appears as a relative outlier in its cluster, being newer, larger, and more highly valued.