Property score
58.2
Fair
Overall 58.2 · Smaller but newer than most nearby homes
848 sqft (bottom 11%) · Built in 2024 (84 yrs newer than avg)
Located in a above-average income area with median household income of ~81k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 10 dining spots, 4 schools, 3 shops, and 2 parks nearby
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
Above average
84 yrs newer than neighborhood avg.
Mother tongue
English · 88%French · 3%
Past 10 years Bruce Park sales snapshot (~80% of all data)
193
190k
$201/sqft
1940
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58.2 is composed by the two sections below.
Property Score
Community Score
Bruce Park
How to read: Share of sales in each ~$50k price band for “bruce park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110249
$81K
Median household income
$87K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
30%
Single-person households
21%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
194 Parkview Street — 26 amenities found within 500 m, across 6 categories, including 10 dining (nearest 102 m), 4 education (nearest 286 m), 3 shopping (nearest 206 m).
Bruce Park · WPS public data · 2026
Annual incidents
4
2026
vs. city avg
-86%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 5% | Bottom 1% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 194 Parkview Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Bruce Park presents a unique profile defined by striking contrasts. Its primary appeal lies in its new construction, being built in 2024, which places it in the top 1% of homes for age on its street, in the neighbourhood, and citywide. This offers a move-in-ready condition with modern building standards. The property sits on a 3,579 sqft lot, which is around average for Parkview Street, providing decent outdoor space in a mature area.
However, the living space is compact at 848 sqft, which is below average for all comparison levels. This creates a specific dynamic: you are acquiring a new, low-maintenance structure on an established lot. The detached garage adds practical storage or workshop potential. The unrenovated basement presents a blank canvas for future expansion.
This property would suit a first-time buyer, downsizer, or investor seeking a modern, efficient home without the upkeep of an older house. It’s for someone who prioritizes new systems and interior condition over square footage, and who sees potential in the basement and lot. A thoughtful perspective is that the high assessed value relative to the street suggests the new construction is highly valued officially, but the modest living area means your investment is heavily weighted toward the land and the "newness" factor rather than spaciousness.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement is not renovated. It is included as unfinished space, offering potential for future customization or storage.
2. How does the property's value compare to the area?
Its assessed value is above average for Parkview Street but around average for the broader Bruce Park neighbourhood. This is likely due to its new construction, as older homes on the street have a lower average assessed value.
3. What does the "below average" living area ranking mean practically?
With 848 sqft of living area, the home is smaller than most in Bruce Park and Winnipeg. The floor plan is efficient, making it best suited for individuals, couples, or small families.
4. The home is new, but is the neighbourhood established?
Yes. Bruce Park is an established neighbourhood with older homes (average year built around 1940-1950). This property is a notable exception, offering new construction in a mature setting.
5. What was the previous sale history?
The home last sold in May 2016 for $150,000. The current listing follows a complete rebuild, meaning the 2024 structure is entirely new.
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