240 Parkville Bay

Pulberry, Winnipeg

Property score

66.1

Good

Overall 66.1 · Smaller than most nearby homes

1,029 sqft (bottom 18%) · Built in 1962 (4 yrs older than avg)

Located in a high-income area with median household income of ~111k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 3 parks nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Near average

4 yrs older than neighborhood avg.

Mother tongue

English · 78%French · 6%

Past 10 years Pulberry sales snapshot (~80% of all data)

Sold Count

428

Median price

463k

$/sqft

$402/sqft

Avg build year

1966

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Property score

66.1 is composed by the two sections below.

Property Score

52.8Fair
Living Area1,029 sqft52Fair
Year Built196246Low
Lot Size5,297 sqft67Good
Neighbourhood Sales Activity48Low

Community Score

86.0Excellent
Household Income89Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Pulberry

How to read: Share of sales in each ~$50k price band for “pulberry” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110471

Community deep dive

$111K

Median household income

$117K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

22%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)637
Labour force participation rate64%
Median age44.4
Avg household size2.6
Unemployment rate4%
Population density3185 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households22%
Couple families with children30%
Median household income (2020)$111K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$372K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority16%
Bachelor's or higher (25–64)42%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
1,029 sqft
0255075100
Same streetBottom 21%Same areaBottom 18%CitywideBottom 29%
Same street · Parkville Bay
#128 / 163
Bottom 21% · Avg 1,158 sqft
Same area · Pulberry
#1,123 / 1,363
Bottom 18% · Avg 1,320 sqft
Citywide · Winnipeg
#138,145 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
379k
0255075100
Same streetBottom 44%Same areaBottom 38%CitywideTop 44%
Same street · Parkville Bay
#92 / 163
Bottom 44% · Avg 383k
Same area · Pulberry
#851 / 1,363
Bottom 38% · Avg 422.7k
Citywide · Winnipeg
#85,956 / 194,458
Top 44% · Avg 390.1k

Year Built

above average
1962
0255075100
Same streetTop 18%Same areaTop 48%CitywideBottom 44%

Lot Size

around average
5,297 sqft
0255075100
Same streetBottom 12%Same areaBottom 11%CitywideTop 48%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

240 Parkville Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 274 m).

Search radius
🌳Parks3

Crime & Safety

Pulberry · WPS public data · 2026

Annual incidents

18

2026

vs. city avg

-39%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Property

56%

Sales History

Sold 7/2022CA$400k–450k
Sold price

Same street

Top 29%

Same area

Top 28%

City-wide

Top 31%

Related homes

Highlights & common questions: 240 Parkville Bay, Winnipeg

Property Overview: 240 Parkville Bay, Winnipeg

Key Characteristics & Appeal

This home at 240 Parkville Bay is a well-situated property in the Pulberry neighbourhood, presenting a practical opportunity in the Winnipeg market. Built in 1962, it is actually newer than many homes on its own street, offering a slight relative advantage in its immediate context. With 1,029 square feet of living space, the house is compact and efficient, sitting below the average size for both the street and the broader area. This positions it as a potentially more manageable and affordable option for those not requiring extensive square footage.

The assessed value of $379,000 is consistently around the average when compared to the street, neighbourhood, and city, indicating a fair and stable market valuation without significant premium or discount. The lot size of 5,297 sqft is notably smaller than others in Pulberry, which translates to less yard maintenance—a distinct practical benefit for buyers seeking a lower-upkeep outdoor space. The home last sold in July 2022 for an estimated $400,000–$450,000.

This property would best suit first-time homebuyers, downsizers, or investors looking for a straightforward, average-priced home in an established area. Its appeal lies in its statistical normality and practicality: it’s a competitively priced entry into the market with the advantage of a newer build date than its direct neighbours and a yard sized for convenience rather than burden.


Frequently Asked Questions

1. Is the smaller living area a concern?
While below the neighbourhood average, the 1,029 sqft layout is efficient. For singles, couples, or small families, it can be ample space and contributes to a lower price point and potentially lower utility costs compared to larger homes nearby.

2. How does the assessed value relate to the likely selling price?
The assessed value ($379k) is for municipal tax purposes. The last sold price range ($400k–$450k in 2022) is a more direct indicator of market value, though current conditions will ultimately determine the price. The assessment being "around average" in all comparisons suggests it is not abnormally priced.

3. What does the smaller lot size mean for me?
The lot is smaller than most in Pulberry. This is a drawback if you desire extensive gardening or outdoor space. However, it is a clear advantage for those who prefer minimal yard work, potentially lower landscaping costs, and a more manageable property.

4. The home is older. Should I be worried about major issues?
Built in 1962, major systems like roof, plumbing, or wiring may be due for updates or replacement. A thorough home inspection is essential. On a positive note, it is actually newer than the average home on Parkville Bay, which may indicate slightly more modern construction for the street.

5. Where can I get verified sale price data for this home?
The site provides estimated sold price ranges. For the exact sale history and figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.

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