Property Overview: 380 Parkview Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in King Edward presents a solid, grounded opportunity. Built in 1947, it offers 1,225 sqft of living space on a notably generous 5,424 sqft lot. The basement has been renovated, and the property includes a detached garage.

Its primary appeal lies in its above-average positioning within its immediate context. The living space is in the top 17% for Parkview Street, and the lot size ranks in the top 14% for the neighbourhood, suggesting more room and a larger home than many nearby comparables. This creates a value proposition of "more house and land for the street," which isn't always apparent from price alone. The renovated basement adds functional, modernized space.

This property would suit a practical buyer looking for character in a mature neighbourhood without sacrificing interior space or yard size. It’s ideal for someone who values a larger outdoor area for gardening, pets, or future projects, and appreciates a home that stands above its direct peers in key metrics. It also represents a sensible entry into the market for those who find newer subdivisions lacking in lot size or charm.

Section 2: Frequently Asked Questions

1. How does this home compare to others in the area?
The data shows it ranks above average for both living area and lot size within King Edward and on its own street. You’re getting a physically larger property than many of the immediate neighbours, which can be a advantage for privacy, expansion, or outdoor use.

2. What does the assessed value tell me?
The assessed value of $31,700k is above the local street and neighbourhood averages. This typically reflects the municipality’s view of its worth relative to nearby properties, often influenced by the larger lot and living space. It is a data point for understanding its standing, not a direct market price.

3. Is the age of the home (1947) a concern?
The year built is around the neighbourhood average. While it means systems like plumbing or electrical may need attention, it also often comes with established landscaping, mature trees, and built-in character that newer homes lack. A thorough inspection is always recommended.

4. What is the significance of the lot size?
At over 5,400 sqft, the lot is a standout feature. In mature neighbourhoods, larger lots are finite assets. This provides more privacy, space for additions like a deck or shed, and simply more room than is typical for the area.

5. Where can I find exact historical sale prices?
The listed sale price ranges are based on public data. For precise historical sold prices, you can request the information directly via email from the listing source, which provides the exact figures manually.