653 Pritchard Avenue – Property Summary
Key Characteristics and Appeal
This 1,370-square-foot home sits on a 3,550-square-foot lot in Winnipeg’s William Whyte neighbourhood. Built in 1912, it offers above-average living space for both its street and neighbourhood—ranking in the top 14% on Pritchard Avenue and the top 24% in the area. The lot is also generous by neighbourhood standards (top 21%), though smaller than the typical citywide average. Assessed value is around $154,000, which lands near the middle of the pack for the street and neighbourhood, but well below the citywide average of $390,100.
The appeal here is straightforward: you get a solid amount of indoor and outdoor space relative to immediate neighbours, without the premium often attached to newer or larger citywide properties. The house is over a century old, which means it likely has character and established construction, but may also require updates or maintenance typical of older homes. This property would suit a buyer who values space and lot size over modern finishes, and who is comfortable with an older home in a neighbourhood where values are moderate. It’s less suited for someone seeking a move-in-ready, low-maintenance property or a high-appreciation investment in a rapidly gentrifying area.
Five Possible FAQs
1. How does this home’s size compare to others nearby?
Both the living area and land area are above average for the street and neighbourhood. The living space ranks in the top 14% on Pritchard Avenue, while the lot is in the top 21% within William Whyte. Citywide, the living area is about average, but the lot is smaller than typical Winnipeg properties.
2. Is the assessed value a good indicator of market price?
Not directly. The assessed value of $154,000 is below the street average ($182,200) and far below the citywide average ($390,100). However, assessed value often lags behind market conditions, and actual sale price depends on condition, renovations, and demand. It’s best used as a baseline, not a firm price.
3. What should I expect from a house built in 1912?
Older homes often have solid framing, high ceilings, and character details, but may need electrical, plumbing, or insulation upgrades. It’s worth getting a thorough inspection focused on the foundation, roof, and mechanical systems. The age is on par with its street and neighbourhood but falls well behind the citywide median (1966).
4. How does this property compare to others in William Whyte?
It ranks above average for living area (top 24%) and land area (top 21%), but around average for assessed value (top 39%) and year built. So you’re getting more space for a similar price to many nearby homes, which suggests decent value for the size.
5. Who typically buys in this area?
William Whyte attracts a mix of first-time buyers, investors, and those looking for older homes with larger lots at a lower entry price than many other Winnipeg neighbourhoods. It’s not a high-demand area for luxury buyers, but it offers affordability and space that can be harder to find closer to the core.