Property Summary: 675 Pacific Avenue, Winnipeg
Key Characteristics & Buyer Profile
This is a 1,224 sqft home built in 1909 on a 2,588 sqft lot, with an assessed value of $139,000. Its standout feature is living space—it’s significantly larger than most homes on its street (top 18%), though it sits in a neighbourhood where living areas are fairly average overall. The assessed value, however, is well below both street and city averages, ranking in the bottom 2% city-wide. The land is also on the smaller side, especially compared to Winnipeg norms.
The appeal lies in the trade-off: you get a generous interior for a very low assessed price point, but the lot is compact and the building is old. This property suits buyers who prioritise indoor square footage and affordability over land size or a modern build. It may attract first-time buyers looking for space on a budget, investors focused on low entry cost, or anyone comfortable with the maintenance that comes with a pre-1910 home. It’s less suited to those wanting a large yard or a move-in-ready, recently built house.
Five Possible FAQs
1. Why is the assessed value so low compared to the city average?
The property’s assessed value of $139,000 ranks in the bottom 2% city-wide. This likely reflects a combination of its age (1909), smaller land area, and possibly the condition or lack of major updates relative to newer or larger homes elsewhere in Winnipeg. It’s a price point that stands out, but the data doesn’t specify whether recent renovations have occurred.
2. Is a 1909 house likely to have outdated systems?
Very likely. Homes from that era often have original or upgraded-but-aged electrical, plumbing, and insulation. Buyers should budget for potential updates, especially to heating, windows, and foundation work. The year-built analysis shows this is one of the older homes even on its own street (top 76% oldest).
3. How does the living area compare to other homes nearby?
On Pacific Avenue, it’s well above average—only 18% of homes on the street are larger. But within the broader West Alexander neighbourhood, it’s right around average. So you get a spacious floor plan by street standards, but it’s not unusually large for the area as a whole.
4. Is a 2,588 sqft lot common for this neighbourhood?
No. The neighbourhood average land area is 3,591 sqft, and city-wide it’s 6,570 sqft. This lot is noticeably smaller—ranked in the bottom 19% locally. That means less outdoor space, but also potentially less yard maintenance and a lower purchase price relative to neighbours.
5. What does the “ranking” system actually mean?
Each ranking compares this property to similar homes at three scales: street, neighbourhood, and city. A higher rank (closer to #1) means it outperforms more peers in that category—larger living area, newer build year, higher assessed value, or larger lot. The colour bars indicate tier, and “avg” is a rough median for comparable homes in each scope.