Property Overview: 367 Parkview Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on a quiet street in King Edward presents a solid, above-average offering for its immediate area. Built in 1959, it is notably newer than many neighbouring homes. Its key strength is space: with 1,219 sqft of living area, it ranks in the top 18% on its own street and top 13% in the wider neighbourhood, providing more room than typical local comparables. The basement has been renovated, adding functional living space, and the property includes a detached garage.

The appeal lies in its relative modernity and generous interior space for the King Edward area, paired with a manageable 4,069 sqft lot. Its assessed value is consistently above average for both the street and neighbourhood, suggesting a perception of solid value. This property would suit a first-time homebuyer or a downsizer looking for a single-level layout in a mature, established neighbourhood without sacrificing interior square footage. It’s a practical choice for someone who values a renovated basement and more room than the area’s older, often smaller, character homes typically provide.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
This home stands out for being newer and larger than most on Parkview Street. It’s in the top quarter for living area, assessed value, and year built among its direct neighbours.

2. What does the "above average" ranking for the neighbourhood mean?
In King Edward, this home’s living space and assessed value rank in the top 13% and 18% respectively. This indicates you get more interior space for your money here than in most other homes in this specific neighbourhood.

3. Is the lot size a drawback?
The lot is average for the street and neighbourhood but below average citywide. This means smaller outdoor maintenance, which could be a benefit for some, but less private yard space than you might find in suburban areas.

4. The sold price history shows ranges. What’s the exact price trend?
Exact sold prices are available upon request from the site. The published ranges indicate the home sold for between $20.5k-$23.5k in 2017 and $26.5k-$29.5k in 2020, suggesting appreciation over that period.

5. What are the implications of a detached garage?
A detached garage offers flexibility—it could be used as a workshop or studio without affecting the main house. However, it means navigating outdoors to access your vehicle, a consideration during Winnipeg winters.