Property Overview
This one-and-a-half storey home, built in 1948, sits on a standard 3,749 sqft lot on Pritchard Avenue in Winnipeg's Burrows-Keewatin neighbourhood. With 1,070 sqft of living space, no basement, and no garage, it presents a straightforward, low-maintenance footprint. Its most recent sale was in August 2022 for $18,500, and it carries a current assessed value of $15,900.
Key Characteristics & Appeal
This property’s appeal is rooted in its simplicity and affordability. It is a home for practical needs, not luxury. The lot size is typical for the street, but the living area is notably above average for the immediate neighbourhood, offering more interior space than many nearby homes. The absence of a basement and garage translates to very low maintenance and no risk of major basement issues, which can be a significant relief for certain buyers.
It would suit a first-time homebuyer seeking an entry point into the market with minimal complexity, an investor looking for a rental property with a low overhead and clear physical boundaries, or someone who values a compact, manageable living situation without the upkeep of additional structures. A thoughtful perspective is that this home represents a "blank canvas" within an established community. Its modest assessed value, while below city averages, indicates a lower property tax burden, allowing owners to invest more into modernizing the interior to their taste.
Frequently Asked Questions
1. What does "one-and-a-half storey" typically mean for a home of this era?
It usually indicates a home where the second level has sloped ceilings following the roofline, creating cozy but potentially limited headspace in parts of the upper floor. This often means characterful bedrooms but less square footage than a full two-storey design.
2. How significant is the lack of a basement and garage?
It significantly reduces maintenance concerns (like flooding, furnace repairs in a confined space, or garage upkeep) but also means a lack of storage, utility, and workshop areas. All living and mechanical systems are contained on the main floors.
3. The assessed value seems very low compared to the city average. Why is that?
Assessed value is for municipal tax purposes and is heavily influenced by the home's modest characteristics, the sale prices of similar properties in the area, and the overall economic conditions of the neighbourhood. It is not a direct market valuation but reflects its position relative to all Winnipeg properties.
4. Is the living space adequate for a small family?
At 1,070 sqft, it is compact. The layout and room count (not provided in the data) will be key. Its living area is above the neighbourhood average, suggesting it may be more spacious inside than other homes on the block, but efficient use of space will be essential.
5. What is the context of the 2022 sale price?
The sale price of $18,500 is consistent with the home's profile as a very affordable, no-frills property. It indicates a market for homes where the value is primarily in the land and the basic structure, appealing to buyers with specific budget or investment criteria.