440 Pritchard Avenue – Property Summary

Key Characteristics & Buyer Profile

This property is a 2006-built home with 1,056 square feet of living space and a 3,485-square-foot land area, located in the William Whyte neighbourhood of Winnipeg.

What stands out most here is the construction year. Built in 2006, it’s considerably newer than the surrounding housing stock—the street average is 1937, and the neighbourhood average is 1927. That puts it in the top 8% street-wide and top 9% neighbourhood-wide for newer construction. The home is assessed at $186,000, which is above the neighbourhood average of $149,100 (top 22%) but well below the citywide average of $390,100—reflecting a market where newer homes in this area are still relatively affordable.

The living area is close to street and neighbourhood averages, and the lot is slightly larger than the neighbourhood norm (3,485 sqft vs. 3,277 sqft), though small by citywide standards. Both living area and assessed value are ranked as “around average” on the street itself, meaning this home doesn’t stand out from immediate neighbours in those categories.

This property would suit a buyer who wants a newer home without paying newer-home prices—someone willing to trade a highly sought-after neighbourhood for a well-built, more modern structure in an older, more established area. It’s also a reasonable candidate for an investor or first-time buyer looking for below-city-average valuation with a newer foundation, roof, and systems. The downside is the location premium isn’t there; the street itself offers no clear advantage in lot size, square footage, or assessed value over its neighbours.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
It’s above average for the neighbourhood by about $37,000, but very close to the average for homes directly on Pritchard Avenue. Citywide, it’s well below median—the top 94% of Winnipeg homes are assessed higher.

2. Is the lot size considered small or large for this area?
It’s slightly above average within the William Whyte neighbourhood (top 30%), but small by citywide standards (top 81% means most city lots are larger). On the street itself, it’s average.

3. Why is the year built so much newer than the neighbourhood average?
The William Whyte area has many older homes, mostly built in the 1920s–1940s. This property was likely part of an infill development. It ranks in the top 9% neighbourhood-wide for newness.

4. Could this property be a good investment?
Potentially, if the neighbourhood continues to see infill and gradual appreciation. The assessed value is low citywide but already above the local average, so the gap between current value and neighbourhood ceiling may be narrower than in other areas.

5. How does the living space affect daily use?
At 1,056 square feet, it’s a typical small-to-mid-size home. It won’t feel cramped for a couple or small family, but larger families may find it tight—especially if the layout lacks a basement or second-floor development. The living area is average for the street and just below the neighbourhood average.