Property Overview: 1662 Pritchard Avenue
Key Characteristics & Appeal
This is a classic 1955 one-storey home in Winnipeg's Burrows-Keewatin neighbourhood, built on a notably generous lot. Its primary appeal lies in the land itself—at nearly 5,000 sq ft, the property size is well above average for both the street and the local area, offering significant outdoor space and potential. The home is modest in size at 912 sq ft of living area, with a detached garage and no basement.
The property suits practical, value-oriented buyers. It's ideal for someone looking for an entry point into homeownership with room to grow outdoors, or for an investor seeking a land-hold opportunity in a stable neighbourhood. The above-average assessed value for the street suggests it is perceived as a solid asset within its immediate context. A less obvious perspective is that a home of this vintage on a larger lot may present fewer immediate neighbour privacy issues than newer, tightly packed developments, and its simpler layout could mean lower utility costs compared to larger, modern homes.
Frequently Asked Questions
1. What is the main advantage of this property?
The standout feature is the land. The lot size is in the top 12% on Pritchard Avenue, providing more outdoor space than most comparable properties in the immediate area.
2. Is the house in move-in condition?
The listing does not specify condition, but the living area is below the citywide average. Buyers should budget for potential updates, as the home is over 70 years old.
3. How does the assessed value compare?
The assessed value is above average for Pritchard Avenue, indicating it's a higher-value property on its street. However, it is below the Winnipeg citywide average, reflecting the home's modest size and neighbourhood.
4. What should I know about not having a basement?
The lack of a basement means all living and storage space is on the main floor. This can be advantageous for accessibility but requires creative storage solutions and means mechanical systems are likely housed in a utility room on the main floor.
5. Who would this property not suit?
It may not suit buyers looking for a large, modern living space or those who require multiple bedrooms and bathrooms. The smaller interior and older construction are trade-offs for the larger lot size.