684 Pritchard Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 926 sqft home built in 1905, located on Pritchard Avenue in Winnipeg’s William Whyte neighbourhood. The property sits on a 3,009 sqft lot.

Where the appeal lies: The assessed value is $127,000—significantly below the citywide average of $390,100 and well below the street average of $182,200. This puts the property in the bottom 2% citywide for assessed value, which makes it one of the more affordable options in Winnipeg. The living area is slightly below average for the street and neighbourhood but roughly in line with what you’d expect for a home of this era. The lot size (3,009 sqft) is smaller than average for the street but close to the neighbourhood norm.

What’s less obvious: The property ranks better within the neighbourhood (top 56% for assessed value) than it does on its own street (top 79%). This suggests the street itself has higher-value homes, so the property represents a relative value within its immediate context. The year built (1905) places it among the older homes in the city (top 2% oldest citywide), which may appeal to buyers who appreciate pre-war construction, character details, or solid framing—but also means older systems, potential foundation work, and likely no original insulation.

Best suited for: First-time buyers priced out of newer or renovated stock, investors looking for a low-entry property in a transitional neighbourhood, or buyers willing to take on a renovation project in exchange for a low purchase price. Not ideal for someone wanting move-in ready condition or a large lot.

Five Frequently Asked Questions

1. How does this property compare to others on the same street?
It’s one of the smaller and lower-valued homes on Pritchard Avenue. The living area ranks in the top 61% (meaning 39% are smaller), but assessed value ranks in the top 79% (meaning only 21% are valued lower). It’s also one of the older homes on the street and has a below-average lot size.

2. Is the assessed value of $127,000 realistic for this area?
Yes, but context matters. Within the William Whyte neighbourhood, the average assessed value is $149,100, so this property sits about 15% below the local average. Citywide, it’s far below average—but that’s typical for older, smaller homes in inner-city neighbourhoods. The assessment reflects the home’s age, size, and likely condition relative to nearby properties.

3. What should I know about a house built in 1905?
Expect knob-and-tube wiring (or very old cloth wiring), cast iron or galvanized plumbing, possibly no wall insulation, and a foundation that may need attention. Lead paint is likely. On the positive side, old growth lumber is common in homes of this era and often outlasts modern framing. A thorough home inspection is essential, and a sewer scope is strongly recommended.

4. How does the lot size affect usability?
At 3,009 sqft, the lot is smaller than the citywide average (6,570 sqft) but typical for older urban lots in Winnipeg’s inner ring. You won’t have space for a large garage or extensive backyard, but it’s enough for a garden, small shed, and outdoor seating. Off-street parking may be tight or require creative layout.

5. What are the risks of buying in the William Whyte neighbourhood?
The neighbourhood has lower average property values and higher rental turnover than many other parts of Winnipeg. This can affect resale timelines and financing (some lenders may require higher down payments or impose stricter conditions). That said, values in the area have been relatively stable, and proximity to downtown, the North End, and the health sciences centre makes it practical for certain buyers.