Property Overview: 7 Prychitko Place, Winnipeg
Key Characteristics & Appeal
This home at 7 Prychitko Place is a 1,350 sqft property built in 2014, situated on a 6,080 sqft lot in the Mission Gardens area. Its core appeal lies in its modern age within a well-established city, offering a balance of contemporary build quality and a generous yard. The data reveals a nuanced position: while it is one of the newest homes in its immediate area (ranking in the top 2% for year built in Mission Gardens), it is more modest in size and assessed value compared to the larger, higher-value homes on its own street. This creates a unique value proposition—you're acquiring a relatively new structure that requires less immediate upkeep, set within a mature neighbourhood.
The property would suit practical, value-conscious buyers looking for a modern home without a brand-new price tag, or those who prioritize outdoor space over maximum interior square footage. It’s also a sensible fit for buyers who appreciate a neighbourhood with settled character but want to avoid the potential maintenance issues of an older home. A thoughtful perspective is that this home represents a "middle ground"—it offers newer infrastructure than most of the city, yet its assessed value is notably efficient compared to its immediate neighbours, which could indicate an opportunity for equity growth as the area continues to develop.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is significantly lower than the average on its own street but is above average for the broader Mission Gardens area and the city. This suggests it sits on a street with larger or more premium homes, offering a more accessible entry point into that specific location.
2. Is the home considered large for the area?
At 1,350 sqft, the living area is above the average for Mission Gardens and slightly above the Winnipeg city-wide average. However, it is the smallest home on Prychitko Place itself. This means you get a comfortably sized home that is still efficient and likely easier to maintain.
3. What are the implications of it being built in 2014?
A 2014 build date means the home is relatively modern, likely featuring current building codes, energy efficiency standards, and low immediate maintenance needs for major components like the roof, furnace, or windows. It ranks in the top 2% for newness in its local area.
4. How large is the lot, and is that typical?
The 6,080 sqft lot is above average for both the Mission Gardens area and the city overall, providing ample outdoor space. It is, however, slightly below the average lot size for Prychitko Place specifically.
5. What is the recent sales history?
The property sold in the $450k-$500k range in 2023 and in the $350k-$400k range in 2019. Exact sold prices are available upon request from the listing service. This history shows notable appreciation between those two sales.