Property Overview: 1479 Pritchard Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1948, sits on a notably spacious 4,099 sqft lot on Pritchard Avenue—a lot size that ranks in the top 22% for the street. The living area of 980 sqft is modest but practical, offering a comfortable footprint that is actually above average for the immediate Burrows-Keewatin neighbourhood. Its assessed value of $180k positions it as an accessible entry point into the Winnipeg market, well below the citywide average.
The primary appeal lies in its land value and location-specific context. The lot represents a significant asset, offering ample outdoor space and potential for expansion or gardening that is uncommon for the area. While the home itself is older and the interior space is compact, it suits buyers looking for a straightforward, lower-maintenance property with the advantages of a larger parcel. It would be a practical fit for first-time homeowners, downsizers, or investors seeking a land-play in a established neighbourhood, rather than those prioritizing modern finishes or extensive square footage. A thoughtful perspective is that this property represents a balance: you’re acquiring a land position that outperforms most on its street, while the home provides a functional foundation without a premium price tag.
Frequently Asked Questions
1. Is the lot size typical for the area?
No, it’s a standout feature. At 4,099 sqft, the lot is larger than approximately 78% of comparable properties in the Burrows-Keewatin neighbourhood and ranks in the top 22% for size on Pritchard Avenue itself.
2. What type of buyer is this home best suited for?
It’s well-suited for first-time buyers or investors focused on land value, or those seeking a manageable, single-family home without a large interior to maintain. It may also appeal to buyers with long-term plans to utilize the generous lot.
3. How does the assessed value compare?
The $180k assessment is around average for Pritchard Avenue but is below the average for both the broader neighbourhood and Winnipeg as a whole, indicating a relatively accessible price point within the city.
4. When was it last sold, and for how much?
The property last sold in September 2021 for $19,500. This historical sale price is provided for context, but the current assessed value and market conditions will determine its present worth.
5. Are there similar properties nearby for comparison?
Yes, the listing references nearby homes on the same street and others with similar assessed values in different neighbourhoods, such as in Varsity View. This allows for direct comparison of what a similar municipal valuation can command in different parts of the city.