714 Pritchard Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,592 sqft single-family home built in 1907, located on Pritchard Avenue in Winnipeg’s William Whyte neighbourhood. The standout feature is its living area: it’s in the top 7% for its street and top 13% for the neighbourhood, meaning it offers significantly more interior space than most nearby homes. The assessed value is $132,000, which is below the street average of $182,200 and well below the citywide average of $390,100—an imbalance that points to a potential value gap between space and price. The land area is 3,010 sqft, which is on the smaller side for the street but close to average for the neighbourhood.

The appeal lies in the combination of generous interior square footage with a lower-than-average price tag. Buyers interested in older character homes (built 1907) will find this property sits among similarly aged houses in the area, though it’s older than most citywide. The trade-off is a modest lot and a building that likely requires some updating or maintenance—properties of this vintage and price point often do.

This home would suit a buyer who prioritises raw living space over a large yard or a move-in-ready finish. It’s a fit for someone comfortable with the character and condition of a 1907-era house, and who sees the assessed value as an entry point to a stronger-value segment of the market. It may also appeal to investors or owner-occupants looking for a higher-than-average square footage at a below-average price in an older, established neighbourhood.

Five Possible FAQs

1. How does the living area compare to other homes in the area?
This home is well above average. On Pritchard Avenue, it ranks in the top 7% for living area, and in the William Whyte neighbourhood, it’s in the top 13%. The average living area on the street is 1,048 sqft, while this home has 1,592 sqft.

2. Why is the assessed value so much lower than the citywide average?
The assessed value of $132,000 is below the street average ($182,200) and far below the citywide average ($390,100). This reflects the home’s age (1907), older mechanicals and finishes typical of the era, and a smaller land area (3,010 sqft) compared to many citywide properties. The low value is common for this age of home in this neighbourhood.

3. What is the lot size, and is it usual for the neighbourhood?
The land area is 3,010 sqft. It’s below average for Pritchard Avenue (3,730 sqft) but very close to the neighbourhood average of 3,277 sqft. Citywide, lots in Winnipeg average 6,570 sqft, so this is a notably smaller parcel.

4. Is the house likely to need significant repairs or updates?
Given the 1907 build date and below-average assessed value, it’s reasonable to expect the home has older systems—plumbing, electrical, roof, and windows may not be modern. The condition is not stated in the data, but properties of this age and price point in the area often require updates. A home inspection is strongly recommended.

5. Who typically buys homes in this neighbourhood?
William Whyte is an established, older neighbourhood in Winnipeg. Buyers include investors, first-time buyers on a budget, and homeowners looking for larger interior spaces at a lower cost. The mix tends to be people willing to take on some renovation work to unlock equity, alongside long-term residents who value the area’s character and central location.