Property Overview
This 1918 one-and-a-half storey home on Pritchard Avenue presents a classic Winnipeg character property with notable updates. Its key appeal lies in the combination of a large, 5,889 sqft lot—ranking in the top 4% for size on its street—and a recently renovated basement, adding valuable modern living space. With 1,103 sqft of living area, it offers more space than many comparable homes in the Burrows-Keewatin neighbourhood, where it ranks in the top 10% for size.
The home suits a practical buyer looking for a solid foundation in a well-established area. It’s ideal for someone who values outdoor space and the potential of a character home, and who is less concerned with a newer build date. The detached garage and generous lot offer flexibility for gardening, recreation, or future projects. The renovated basement is a significant advantage, providing move-in-ready space without the immediate need for a major overhaul. Buyers should note that while the assessed value is relatively high for the immediate area, the property's land size and updated features contribute to this valuation.
Frequently Asked Questions
1. How does the age of the home (1918) affect ownership?
While the build date of 1918 means the home is over a century old, this is common for the neighbourhood and comes with the charm and solid construction of the era. Prospective owners should budget for maintenance typical of older homes, such as potential updates to windows, roofing, or plumbing, but the renovated basement indicates some modernization has already begun.
2. The assessed value seems high compared to some nearby listings. Why is that?
The assessed value of $26,200 ranks in the top 25% for Winnipeg, which is likely influenced by two key factors: the exceptionally large lot size and the renovated basement. These features add substantial value compared to smaller-lot properties or homes requiring significant work.
3. Is the lot size a major advantage?
Yes. At nearly 5,900 sqft, the lot is significantly larger than average for the street (top 4%) and neighbourhood. This provides ample private outdoor space, a rarity in many older areas, and offers potential for gardening, adding a deck or shed, or simply enjoying more yard than is typically available.
4. What does the "One & 1/2 Storey" building type mean?
This style, common in Winnipeg, typically features a main floor with living areas and a second floor under sloping roof lines, often containing bedrooms. It offers more space and character than a true bungalow but with a different layout than a full two-storey home. The renovated basement effectively adds a third level of usable space.
5. How does this property compare to others in the area?
It stands out for its lot size and living area. Compared to the listed nearby properties, it offers more interior space than most and a much larger yard. While some compared homes may be newer or have a slightly higher assessment, this property’s combination of space, land, and an updated basement presents a balanced offering for the area.