760 Pritchard Avenue

760 Pritchard Avenue – Property Summary

Overview & Buyer Profile

This is a 1,038-square-foot home built in 1907, located on Pritchard Avenue in Winnipeg’s William Whyte neighbourhood. The property sits on a 3,010-square-foot lot and has an assessed value of $110,000.

Key characteristics: The home is roughly average in size for its street and neighbourhood, but it’s older than most homes nearby and citywide. The assessed value is noticeably below the street average, which may reflect its age, condition, or both. The lot is smaller than typical for the area.

What stands out: The property’s main draw is its price point. At $110,000 assessed value—well below both the street average ($182,200) and the neighbourhood average ($149,100)—this is one of the more affordable entries into the area. However, the low ranking for age (top 96% citywide means only 4% of homes are older) suggests this house needs a buyer who appreciates older construction or is willing to invest in updates. The living area is about average for the street, so it’s not unusually small—just older and priced accordingly.

Who it suits: This property would work best for a buyer looking for an entry-level home in a mature neighbourhood, someone comfortable with a fixer-upper or a renovation project, or an investor seeking a low-cost rental in an area where surrounding home values are higher. It’s less suited for buyers wanting a move-in-ready home or a large lot.

Frequently Asked Questions

1. How does this property compare to others on the same street?
On Pritchard Avenue, this home ranks in the bottom 12% for assessed value and bottom 78% for age. Its living area is around average (top 44%), but the lot is smaller than most (top 83% means only 17% of properties on the street have a smaller land area).

2. Is the assessed value of $110,000 realistic for today’s market?
Assessed value is a municipal estimate, not an appraisal. In this neighbourhood, assessed values range widely. The street average is $182,200, and 69% of homes in William Whyte are assessed higher than this one. You should get a comparative market analysis from a local agent for current sale prices.

3. The house was built in 1907—what should I know about older homes in Winnipeg?
Homes from this era often have knob-and-tube wiring, lead pipes, plaster walls, and limited insulation. Foundation issues and outdated heating systems are common. A pre-purchase inspection is essential. That said, many 1900s homes in the area have solid wood frames and character details that newer builds lack.

4. What does “around average” in the neighbourhood data actually mean?
The data compares this property to “comparable homes” in three scopes: street, neighbourhood, and city. “Around average” means the property falls roughly in the middle 50% for that metric. For example, its living area is top 59% neighbourhood-wide—slightly above average but not notable.

5. How does the small lot size affect resale potential?
A 3,010-square-foot lot is small by Winnipeg standards (citywide average is 6,570 sqft). This may limit future additions, garages, or yard space, which could be a drawback for some buyers. However, in a dense older neighbourhood like William Whyte, smaller lots are common and may not significantly impact value if the house itself is updated.