455 Pritchard Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,212 sqft single-family home built in 1903, located in Winnipeg’s William Whyte neighbourhood. The property sits on a 3,482 sqft lot and has an assessed value of $147,000.
What stands out: The living area is the property’s strongest feature. At 1,212 sqft, it ranks in the top 23% on its street and top 37% in the neighbourhood, placing it above the local average. The land area is roughly average for the area but below the citywide norm, which is typical for older, centrally located Winnipeg neighbourhoods.
Where it lags: The year built (1903) is a clear factor—this is an older home, ranking in the 94th percentile for age on its street and 99th percentile citywide. The assessed value is also below average for the street, though it sits closer to the neighbourhood average. This suggests the home may need updates or that its value is being held back by condition, not location.
Who it’s for: This property would suit a buyer comfortable with an older home—someone who values character, larger interior space, and a central location over a move-in-ready finish. It may appeal to first-time buyers looking for more square footage at a lower price point, or to investors or renovators who see potential in a solidly sized home on an average lot in a working-class neighbourhood. It’s less suited to someone seeking a modern, low-maintenance property or a large yard.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The assessed value of $147,000 is slightly below the neighbourhood average of $149,100 and well below the street average of $182,200. Citywide it ranks very low (top 97%), reflecting both the age of the home and the neighbourhood’s generally more affordable price range.
2. Is the living space unusually large for an older home in this area?
Yes. At 1,212 sqft, it’s about 15% larger than the neighbourhood average of 1,158 sqft and significantly above the street average of 1,048 sqft. For a 1903 home, this is a notably generous interior footprint.
3. What does the year built mean in practical terms?
A 1903 home likely has original construction features—thick plaster walls, possibly knob-and-tube wiring, and an older foundation. Buyers should budget for electrical, plumbing, and insulation upgrades. Homes of this vintage in the area have often been updated in part, but full modernisation is not guaranteed.
4. Is the lot size a limitation or a benefit?
It depends on your priorities. The 3,482 sqft lot is just under the street average (3,730 sqft) but slightly above the neighbourhood average (3,277 sqft). For central Winnipeg, this is a typical city lot—enough for a small garden or deck, but not oversized. If you’re looking for a large yard or room for an addition, it may feel tight.
5. How does this property rank overall in Winnipeg?
By living area, it’s roughly average (top 49%). By assessed value, it’s in the bottom 3% citywide. By age, it’s among the oldest 1% of homes. In short: it’s a home that offers more space than most, at a price well below the city median, in exchange for being over 120 years old.