699 Pritchard Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,262 sqft home built in 1907 on a 3,553 sqft lot in the William Whyte neighbourhood of Winnipeg. Its assessed value is $133,000.
The property’s main draw is its living space and land size relative to its immediate area. On Pritchard Avenue, it ranks in the top 19% for living area (well above the street average of 1,048 sqft). Within the William Whyte neighbourhood, the lot is also notably spacious, ranking in the top 20%. For buyers who value indoor square footage and a respectable yard without paying a premium for a citywide oversized lot, this home offers a practical balance.
The appeal lies in value rather than prestige. The assessed value is well below both the street and city averages (top 76% and top 98% respectively – meaning it’s among the more affordable homes in a broad sense). The home is older (1907), which is typical for the area but puts it in an older bracket citywide. This isn’t a turnkey modern renovation; it’s a property where the bones and space are strong, but the price reflects the age and lack of recent premium updates.
Who it suits: Buyers looking for a larger-than-average floor plan and yard in a central, older Winnipeg neighbourhood, without the price tag of a fully renovated or newer home. It’s a good fit for someone comfortable with a fixer-upper, or for an investor or first-time buyer who prioritizes space and lot size over a move-in-ready finish. It’s less suited for someone seeking a low-maintenance, modern home or a high-end resale flip in a rising-value corridor.
Frequently Asked Questions (FAQs)
1. How does the assessed value compare to similar homes nearby?
On Pritchard Avenue, the $133k assessment is below the street average of $182k. In the broader William Whyte neighbourhood, it’s roughly average (top 52%). The home is priced well below citywide medians, which reflects its age and the local market rather than any specific deficiency.
2. Is the house older than most others in the area?
Yes, but only slightly. Built in 1907, it’s older than the street average (1937) and the neighbourhood average (1927). However, this is a common age range for the area – many homes in William Whyte date from the early 1900s. The age is typical for the character of the neighbourhood.
3. What’s the lot like compared to other properties in the neighbourhood?
The 3,553 sqft lot is above average for William Whyte (top 20%), meaning you get more outdoor space than most neighbours. However, it’s smaller than the typical citywide lot (6,570 sqft average), which is expected for a central, older neighbourhood. It’s a good-sized yard for the area, not a sprawling suburban plot.
4. Is the living area really that much bigger than other homes on this street?
Yes. At 1,262 sqft, it’s about 200 sqft larger than the street average. That’s a noticeable difference – roughly the size of an extra bedroom or a large family room. For a street where many homes are under 1,100 sqft, this is a standout feature.
5. Should I be concerned about the “below average” citywide rankings for value and age?
Not necessarily. The low citywide ranking for assessed value (top 98%) simply means it’s one of the more affordable homes in all of Winnipeg – which could be exactly what you’re looking for. The older age ranking is consistent with the neighbourhood’s character. The trade-off is more space and a larger lot for your money, with the understanding that the home will require maintenance and potentially upgrades over time.