Property Overview: 79 Parkville Drive, Winnipeg
Key Characteristics & Appeal
This home at 79 Parkville Drive presents a distinct value proposition centered on its generous lot. Built in 1959, the 980 sqft house is modest in size, ranking below average for both the street and the Pulberry neighborhood. Its assessed value of $377k is consistently around the average for its immediate area. The primary standout feature is the land: at over 10,600 sqft, the lot size ranks in the top 10% on the street and the top 5% city-wide, offering significant outdoor space that is increasingly rare.
The appeal lies in this land potential. It suits a buyer who sees the property not just for its existing footprint but for its possibilities. This could be a first-time buyer or downsizer comfortable with a cozier home who prioritizes a large yard for gardening, recreation, or pets. It also appeals to a strategic buyer viewing it as a long-term hold with future potential for expansion or redevelopment, given the premium lot size in an established neighborhood. The recent sale history suggests it’s a competitively priced entry point into the area.
Frequently Asked Questions
1. Is the house too small?
At 980 sqft, the living area is below the neighborhood average. It would suit a smaller household or someone comfortable with efficient living. The trade-off is the exceptionally large lot, which can effectively expand your usable space outdoors.
2. How does the assessed value compare to the likely sale price?
The home is assessed at $377k, which is very close to the street average. Recent sales on the street in late 2024 fell in the $350k-$400k range, suggesting the assessment is a realistic market benchmark.
3. What is the real advantage of such a large lot?
Beyond privacy and space, a lot in the top 5% city-wide offers flexibility. It allows for additions like a large garage, workshop, or deck that wouldn't be possible on a standard lot. It also inherently provides more future options than a property where the house already fills the space.
4. Are homes on this street old?
The street is primarily made up of homes from the late 1950s and 1960s. Built in 1959, this home is typical for the area. Buyers should budget for maintenance and updates consistent with a home of this age.
5. Where can I get exact past sale prices for this home?
The provided sold price data is shown in ranges. For fully verified and exact sale figures from the listing history, you can request a manual lookup by email through the website.