Property Overview: 152 Pritchard Avenue, North Point Douglas, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of modern construction and generous outdoor space within a historic neighbourhood. Built in 2011, it is a notably newer property, ranking in the top 4% for age on its street and the top 2% in North Point Douglas, where most homes are decades older. This suggests a potentially lower maintenance burden and more contemporary building standards.
Its primary appeal lies in its substantial 6,250 sqft lot, which is exceptionally large for the area (top 2% on the street) and above average even citywide. This offers significant private outdoor space and future potential. With 1,102 sqft of living area, the home provides comfortable, average-sized interiors for the locale.
The assessed value of $240k is well above the average for both the street and the immediate area, reflecting its newer build and larger lot. Interestingly, this value is below the Winnipeg citywide average, positioning it as a relatively accessible entry point for a modern home with land. It would suit a buyer seeking a newer, low-maintenance home without sacrificing yard space, or an investor/owner looking at the long-term potential of a large lot in a neighbourhood undergoing gradual change.
Frequently Asked Questions
1. Why is the assessed value so much higher than neighbouring properties?
The assessment reflects the home's relatively recent construction (2011) and its significantly larger lot size compared to most homes on the street and in North Point Douglas. These are key factors in municipal valuation.
2. What does the sold price history indicate?
Records show it last sold between $150k-$200k in late 2021. The current assessed value of $240k suggests a substantial increase in valuation since that sale, which may be attributed to market trends and the property's standout features in the context of the neighbourhood.
3. Are there any concerns with such a new home in an older area?
While the newer build is a benefit, it's wise to consider the context. The home's systems and structure are modern, but the surrounding infrastructure and neighbourhood character are established. Due diligence on zoning, future development plans, and typical amenities for the area is recommended.
4. How does the lot size compare to a typical new build?
At 6,250 sqft, the lot is substantially larger than those found in most new suburban subdivisions, offering more privacy and space for gardens, recreation, or additions than many contemporary properties.
5. What is the neighbourhood like?
North Point Douglas is a historic, central Winnipeg neighbourhood with a mix of older housing stock. This property is an outlier in terms of age and lot size. Prospective buyers should personally explore the area to gauge its fit for their lifestyle, as it offers character and location advantages that differ from newer suburbs.