56.7
Fair
Property score
56.7
Fair
Overall 56.7
Larger but older than most nearby homes
1,451 sqft (top 19%)
Built in 1903 (24 yrs older than avg)
Located in a average-income area
with median household income of ~58k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 2 dining spots, 4 schools, 1 healthcare facility, and 4 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
25% larger than neighborhood avg.
Year Built
Below average
24 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 17%
Past 10 years William Whyte sales snapshot (~80% of all data)
703
117k
$87/sqft
1927
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56.7 is composed by the two sections below.
Property Score
Community Score
William Whyte
How to read: Share of sales in each ~$50k price band for “william whyte” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110057
$58K
Median household income
$62K
Average household income
25%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
26%
Single-person households
26%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
507 Pritchard Avenue — 19 amenities found within 500 m, across 7 categories, including 2 dining (nearest 285 m), 4 education (nearest 103 m), 1 healthcare (nearest 302 m).
William Whyte · WPS public data · 2026
Annual incidents
160
2026
vs. city avg
+442%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | Bottom 15% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
This is a 1,451 sqft home on a 3,548 sqft lot, built in 1903, located in the William Whyte neighbourhood of Winnipeg. Its assessed value is $120,000.
What stands out most is the size. The living area ranks in the top 11% on its street and top 19% in the neighbourhood—significantly larger than nearby homes. The land is also generous relative to the immediate area, sitting in the top 22% of the neighbourhood, though it's small by citywide standards.
The assessed value tells a different story. At $120,000, it's well below the street average ($182,200), neighbourhood average ($149,100), and a fraction of the citywide average ($390,100). This suggests the home is undervalued compared to its peers, or that the structure itself requires meaningful updates. Given the year built (1903), the latter is likely. This is an older home ranking in the bottom 6% on its street and bottom 1% citywide for age.
Where the appeal lies: For a buyer who values interior space and a larger lot over a move-in-ready, modernized home. The low assessed value opens the door for someone willing to take on renovation work—possibly with room to build equity if the structure is sound. It’s not a turnkey property, but it offers uncommon square footage for the price point.
Who it would suit: Renovators, investors looking for a value-add project, or buyers who prioritize square footage and lot size and are comfortable with an older home that likely needs updating. Less suited to someone wanting a low-maintenance, recently built house, or a buyer needing financing that requires a higher appraised value.
1. Is this a good candidate for a renovation loan or mortgage?
The low assessed value ($120K) against a larger-than-average living area may make it a strong candidate for a purchase-plus-improvements mortgage, like a CMHC Green Home or a conventional renovation loan. Lenders will weigh the after-repair value, so a proper inspection and contractor estimate are recommended.
2. Why is the assessed value so low compared to neighbourhood homes?
Several factors could be at play: the home is over 120 years old, which often brings outdated systems, foundation concerns, or deferred maintenance. Assessed value reflects the city’s estimate of market value, not replacement cost. The low value relative to the neighbourhood suggests the property has not been significantly upgraded in recent years.
3. How does the lot size compare to newer subdivisions?
The 3,548 sqft lot is typical for older inner-city Winnipeg. It's larger than most properties on its block (top 22% in the neighbourhood) but significantly smaller than average citywide lots (6,570 sqft), which are inflated by newer suburban developments. Expect a compact yard, not sprawling grounds.
4. What are the risks of buying a house built in 1903?
Common issues include outdated electrical (knob-and-tube or insufficient panel capacity), galvanized or lead plumbing, minimal insulation, potential asbestos in old flooring or pipe wrap, and foundation settlement. Lead paint is also a concern. A specialized home inspection with thermography and knob-and-tube detection is strongly advised.
5. Would this property make sense as a rental investment?
Potentially, yes. The purchase price may be low enough to achieve strong cash flow, even with modest rent. However, the age and condition mean higher-than-average maintenance reserves. An investor should run numbers assuming ongoing capital expenditures for major systems and possibly full gut renovations. The large floor plan might suit a multi-generational or shared rental arrangement.
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