289 Pritchard Avenue – Property Summary
Key Characteristics & Buyer Fit
This 1922 home offers 1,907 sqft of living space on a 3,481 sqft lot, with an assessed value of $255,000. Its standout feature is size. On Pritchard Avenue, it ranks in the top 2% for living area—nearly double the street’s average of 1,048 sqft. Within the William Whyte neighbourhood, it’s in the top 5% for both living area and assessed value. The assessed value ($255k) is well above the street and neighbourhood averages ($182k and $149k), but significantly below the citywide average ($390k), reflecting the local market more than the property itself.
The appeal lies in getting a genuinely spacious home in a neighbourhood where larger houses are uncommon. The lot is close to the neighbourhood average but smaller than typical citywide lots (6,570 sqft), so yard space is modest relative to the house. The year built (1922) is older than most homes citywide, but near the average for the area. This is not a move-in-ready, low-maintenance property—it’s a character home in an older, denser part of the city.
This property would suit a buyer who values interior square footage and is comfortable with an older home in an urban, established neighbourhood. It may appeal to those looking for space to renovate or personalize, or to families who need room but are priced out of larger new builds. It’s less suited to someone seeking a large lot, a newer build, or a low-maintenance entry into the market.
Five Possible FAQs
1. How does the assessed value compare to what I might pay?
Assessed value ($255k) is a city estimate for tax purposes, not a market price. It’s higher than the street and neighbourhood averages, but listings and sale prices in William Whyte vary widely depending on condition and renovations. Always look at recent comparable sales, not just assessments.
2. Is a 1922 home likely to have significant issues?
Homes from this era often have solid bones (older lumber, good masonry) but can need updated electrical, plumbing, insulation, and windows. A thorough inspection is essential. The data here doesn’t reflect condition—just rankings.
3. The lot is “around average” for the street—what does that mean practically?
The land area is 3,481 sqft, slightly below the street average of 3,730 sqft. It’s a standard city lot for this part of Winnipeg, not oversized. Expect a manageable yard, not a sprawling one.
4. How does this property compare to others in William Whyte?
It ranks very high for living area (top 5%) and assessed value (top 6%) within the neighbourhood. That suggests it’s one of the larger and more valuable homes in the area, but again, condition and renovations are not captured in these rankings.
5. What does “Top 13% citywide” mean for living area?
It means that out of nearly 200,000 comparable homes citywide, this one is larger than 87% of them. That’s a strong indicator of size, but note that citywide averages include newer suburban homes with different layouts and lot sizes.