Property Overview: 248 Parkville Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 248 Parkville Bay in the Pulberry neighborhood presents a solid, above-average offering on its specific street. Built in 1962, its key appeal lies in its strong positioning within the immediate community. The 1,265 sqft living area is notably larger than the average home on Parkville Bay, ranking in the top 17% for the street. More significantly, its assessed value of $428k ranks in the top 11% on the street, suggesting it is perceived as a higher-quality asset in its direct vicinity compared to neighbors. The lot size, while slightly smaller than the street average, is still above the city-wide average.
The home would suit practical buyers looking for a well-established neighborhood with a sense of stability. It appeals to those who value a property that stands out positively on its own block in terms of size and assessed value, rather than just city-wide comparisons. The recent sale in 2024 (estimated between $450k-$500k) following a purchase in 2019 ($300k-$350k) indicates active market interest and perceived value growth. This is a property for someone who appreciates a home with a proven track record in its micro-market, possibly seeing it as a dependable anchor in a mature area.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others nearby?
While its size and value are around average for the broader Pulberry area and Winnipeg, it excels on its own street. It ranks in the top 11-18% among its 163 closest neighbors for assessed value, living area, and year built, meaning it likely offers better-than-street-average condition, updates, or original specs.
2. What does the sold price history tell us?
The home sold in early 2024 for an estimated $450k-$500k, a significant increase from its 2019 sale price of $300k-$350k. This suggests strong market demand for this specific property and street, and it may indicate meaningful improvements were made during that ownership.
3. Is the lot size a disadvantage?
At 6,282 sqft, the lot is slightly smaller than the average for both Parkville Bay and Pulberry. However, it remains larger than the typical Winnipeg lot. This could mean less yard maintenance than some neighbors but potentially less private outdoor space.
4. Who are the typical neighbors?
The listed nearby properties are almost all from the 1960s with similar assessed values, indicating a neighborhood of consistent vintage and market value. There are few outlier mega-homes, pointing to a uniform, established character without extreme disparities.
5. How current and reliable is this price data?
The sold price figures are broad estimates from public records, not the MLS. For precise sale history and verified figures, you must request a manual lookup from the site, which they provide via email. The assessed value ($428k) is an official municipal valuation for tax purposes, not a market appraisal.