269 Pritchard Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,080-square-foot home built in 2006, located in Winnipeg’s William Whyte neighbourhood. The standout feature is its relative newness: the property ranks in the top 14% citywide for year built, and in the top 8% on its own street, where the average home dates to 1937. That means a much newer structure and likely fewer mid-century maintenance surprises than surrounding properties.
The assessed value is $194,000—above the neighbourhood average of $149,100 (top 19%) but well below the citywide average of $390,100 (bottom 7% citywide). Put simply: the home is newer than most in the area, yet assessed at a level that still reflects the neighbourhood’s overall market. The land area is 3,481 square feet, which is modest by city standards but sits around the neighbourhood average.
Where the appeal lies: you get a relatively recent build at a price point that doesn’t demand a premium neighbourhood premium. The home is likely more move-in ready than older stock nearby, without the inflated valuation you’d see in higher-priced districts. It also sits on a street where living areas are fairly consistent—so the property doesn’t stand out awkwardly from its neighbours.
Who it suits: first-time buyers looking for a newer home in a more established, less trendy area; investors seeking a property with less deferred maintenance than the surrounding average; or anyone who values construction recency over location prestige. It may also appeal to buyers who want a house that doesn’t require immediate major renovations, but are willing to trade that for a less walkable or less central location.
Five Possible FAQs
1. Why is the assessed value above the neighbourhood average but far below the city average?
The neighbourhood (William Whyte) has a relatively low median assessed value—around $149,000 for comparable homes. This property’s newer construction raises it above that local baseline. Citywide, however, median values are much higher, so it appears low compared to Winnipeg as a whole. The assessment reflects the home’s condition relative to its immediate market, not the broader city.
2. Is the living area small for a house built in 2006?
At 1,080 square feet, it’s slightly above the street average (1,048 sqft) and the neighbourhood average (1,158 sqft) but well below the citywide average for comparable homes (1,342 sqft). So it’s not unusually small for the area, but it is compact compared to newer suburban builds. The year 2006 saw a mix of bungalows and two-storey starter homes; this size fits that profile.
3. How does the land area affect usability or future value?
The lot is 3,481 sqft—below the street average (3,730 sqft) and significantly smaller than the citywide average (6,570 sqft). That’s normal for an older inner-city neighbourhood like William Whyte, where lots tend to be narrower. You likely have a small front and back yard, but not enough for major additions or extensive landscaping. The limited land may also limit resale upside compared to properties with larger lots in the same area.
4. What does “Top 8% on the street” for year built actually mean in practical terms?
It means only about 1 in 12 homes on Pritchard Avenue were built after 2006. Most neighbouring houses are from the 1930s or earlier, which often have knob-and-tube wiring, lead pipes, outdated insulation, or foundation issues. This home likely avoids those common problems. The trade-off is that the architectural style and materials may be more generic, and the home may not have the character or mature landscaping of older properties.
5. Should I expect property taxes to rise if the neighbourhood improves?
Possibly, but not automatically. The assessed value is already above the neighbourhood average, so some level of local appreciation is already reflected. If the area sees significant reinvestment or gentrification, future assessments could increase. However, because the home is newer and already assessed above its peers, the percentage jump may be less dramatic than for older, lower-assessed homes nearby. Tax increases also depend on mill rates set by the city, not just assessed value.