584 Pritchard Avenue – Property Summary

Key Characteristics & Buyer Profile

This home is a 1,080 sqft property built in 2009 on a 3,485 sqft lot in the William Whyte neighbourhood of Winnipeg. It sits on Pritchard Avenue, a street where most homes date back to the late 1930s. The house is substantially newer than nearly everything around it—ranking in the top 6% on the street and top 12% citywide for construction year. That's the property's strongest selling point. You're buying a relatively modern build in a neighbourhood of much older homes, which means fewer major systems to replace in the near term.

The assessed value of $222,000 is above the street and neighbourhood averages, but well below the citywide median of $390,100. That disconnect reflects the location: William Whyte remains an affordable, central neighbourhood, and the assessment suggests the market has priced the home's newness into its value, but hasn't pushed it beyond what the area typically commands. The living area is average for the street and neighbourhood, and the lot is slightly smaller than the citywide norm but larger than the typical lot in the immediate area.

This property would suit a buyer who wants a newer home without paying newer-home prices in pricier parts of the city. It's a practical fit for a first-time buyer, a small family, or someone who values a move-in-ready structure in a centrally located, older neighbourhood. The trade-off is that while the house itself is modern, the surrounding streetscape and amenities reflect an area still in transition. Buyers should be comfortable with that reality, not expecting a polished suburban feel.

Frequently Asked Questions

1. How does the assessed value compare to the sale price?
The assessed value is $222,000. Sale prices in William Whyte can vary, but this home’s assessment is above the neighbourhood average of $149,100. It's worth noting that assessments are not always a direct match to market value, so a local agent's comparable sales analysis would give a clearer picture.

2. Is the neighbourhood safe and well-served by amenities?
William Whyte is an older, central neighbourhood with a mix of long-term residents and newer buyers. It has basic amenities within a short drive, including grocery stores and schools, but it is not a high-amenity area. Safety is typical for an inner-city neighbourhood of this type—best assessed by visiting at different times of day.

3. What is the condition of the home's major systems?
Built in 2009, the home is around 15 years old. Major systems like the roof, furnace, electrical, and plumbing are likely original but should still have useful life remaining. It's wise to confirm exact ages and any maintenance history, but a home of this age generally avoids the immediate replacement needs common with older properties.

4. How does the lot size affect usability?
The lot is 3,485 sqft, which is above average for the immediate neighbourhood (3,277 sqft average) but smaller than the citywide average of 6,570 sqft. It offers a manageable yard for a small family or gardening, but not the generous space you'd find in suburban or newer developments.

5. Why is the assessed value above neighbourhood average but below citywide average?
The home is newer and likely in better condition than many of its older neighbours, which pushes its assessed value above the William Whyte norm. But the area's overall market is lower than wealthier parts of Winnipeg, so the value remains well below the citywide median. That combination is common for newer homes in older, affordable neighbourhoods.