266 Pritchard Avenue – Property Summary
Key Characteristics & Buyer Appeal
This is a newer home in an older neighbourhood. Built in 2019, it ranks in the top 1% on its street and in the William Whyte area for new construction, where most houses date from the 1920s and 1930s. The living area is 1,099 square feet—slightly above the street and neighbourhood averages, but below the citywide median. The lot is 4,031 square feet, which is large for the immediate area (top 9% in the neighbourhood), but modest by Winnipeg standards.
The property’s assessed value of $230,000 is well above the street and neighbourhood averages (top 18% and top 9%, respectively), but significantly below the citywide average of $390,100. This reflects a home that is newer and more valuable than its immediate surroundings, yet priced well below the broader city market.
Where the appeal lies: You get a relatively modern house with a decent-sized lot in a neighbourhood full of older stock. The value is concentrated in the building itself rather than the land, which is common for newer infill. It’s a home that stands out on the street, both in age and condition.
Who it would suit: Buyers who want a newer, move-in-ready home but are priced out of more expensive inner-city or suburban areas. It also works for someone who values a larger lot than what most infills offer, without paying a premium for land. Less ideal for buyers seeking maximum square footage or who prioritize a property that ranks well citywide.
Five FAQs
1. How does this home compare to others in William Whyte?
It’s among the newest homes in the area (top 1% for year built), and its assessed value is in the top 9% of the neighbourhood. Its lot size is also above average for the area. So it’s a standout property locally, but not exceptional citywide for living space or land.
2. Why is the assessed value high for the neighbourhood but low for the city?
The neighbourhood has many older, lower-value homes, so a 2019 build pushes its assessed value well above the local average. Citywide, however, Winnipeg includes many high-value suburban and riverfront properties, so $230,000 falls below the median.
3. Is a 1,099 sqft living area considered small?
It’s around average for the street and neighbourhood, but below the citywide average of 1,342 sqft. It’s not a small house, but it won’t feel spacious compared to typical Winnipeg single-family homes built before the 1970s or in newer suburbs.
4. What does the land size mean for maintenance or use?
At 4,031 sqft, it’s a larger lot for the immediate area—top 9% in William Whyte. That gives you more yard space than most infill properties, but it’s still modest by city standards (bottom quarter citywide). It’s manageable for a typical household, not a large property to maintain.
5. How reliable are the rankings and averages shown?
The data is based on a comparison with “comparable homes” within each scope (street, neighbourhood, city). The “average” figure is a rough median benchmark. Rankings are percentile-based, so they show where this property sits relative to peers. The bar fill length indicates the share of peers you outperform, with colour coding by tier. It’s useful for relative context, not an exact appraisal.