459 Pritchard Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,184 sqft home on a 3,482 sqft lot, built in 1903. Its assessed value is $144,000.
Where its appeal lies: The living area is above average for the street and around average for the neighbourhood and city. The land area is similarly in line with local norms, though notably smaller than the citywide average. The key story here is the assessed value: it sits well below the street and neighbourhood averages, and far below the citywide figure ($390k). For a buyer focused on value per square foot, this property represents a lower entry point relative to its immediate neighbours. The age (1903) means it’s one of the older homes on the street, which may appeal to someone who appreciates character, original details, or is prepared to invest in a renovation. It is less suited to someone seeking a turnkey modern home with a large lot.
What type of buyer it would suit: First-time buyers looking for an affordable entry into the William Whyte neighbourhood. Buyers who are comfortable with an older home and may have plans for updates or renovations. Investors seeking a lower-cost property in an area where the assessed value suggests room for appreciation, or landlords looking for a rental with decent living space relative to cost. It is less suited to buyers seeking a large suburban lot or a newer, low-maintenance home.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
The assessed value is $144,000, which is below the street average ($182k) and the neighbourhood average ($149k). Citywide, it falls in the bottom 3% of all comparable homes, reflecting both the home’s age and the local market. This could mean lower property taxes relative to neighbours, but also suggests the home may need updates.
2. Is the living space considered small or large for this area?
At 1,184 sqft, it’s larger than the street average (1,048 sqft) and roughly on par with the neighbourhood average (1,158 sqft). Citywide, it sits near the middle. For a single-family home, this is a comfortable, not oversized, amount of living space.
3. The home was built in 1903—what should I be aware of?
It’s one of the oldest homes on the street and in the neighbourhood. Older homes often have solid construction but may require updates to electrical, plumbing, insulation, and windows. A thorough home inspection is recommended. The age also means there may be heritage or zoning considerations for major renovations.
4. How does the lot size compare?
The land area is 3,482 sqft, which is slightly smaller than the street average (3,730 sqft) but larger than the neighbourhood average (3,277 sqft). Citywide, it’s below average—typical for older, more central neighbourhoods where lots are often smaller and more compact. It’s likely a standard urban lot, not suited for extensive outdoor structures or major additions.
5. What does "ranked #170 out of 684" mean for the living area?
It means that out of 684 comparable homes on Pritchard Avenue, this property has a larger living area than 75% of them. It’s a way of seeing that the size is a relative strength on its own street, even if it’s more average when compared across the whole city.