711 Pacific Avenue – Property Summary
Key Characteristics & Buyer Fit
This is a 1,176 sqft home built in 1977 on a 2,589 sqft lot in Winnipeg’s West Alexander neighbourhood. What stands out is the assessed value: $259,000. That’s well above the street average of $186,200 and the neighbourhood average of $187,300, ranking in the top 12% on both levels. Yet citywide, it sits below the median. That gap tells you something—this property holds its value locally, but it’s not priced like a premium citywide asset.
The living area is slightly above street average (986 sqft) but a notch below the neighbourhood average (1,299 sqft). It’s not a spacious house, but it’s not cramped either. The land is notably small—2,589 sqft ranks in the bottom 6% citywide. That’s the trade-off: a modest footprint in a location where land is tighter.
The year built (1977) is newer than most homes on the street (average 1936) and in the neighbourhood (average 1921), ranking in the top 7% locally. So while the house isn’t brand new, it’s significantly more modern than its immediate surroundings. This can mean fewer major renovation needs compared to older stock.
Who it suits: Buyers who want a reasonably updated, moderately sized home in an established neighbourhood without paying a premium for a large lot. It could work well for first-time buyers who value a newer build relative to the area, or for investors looking for a property that’s already tracking above local value baselines. The small lot also means less yard maintenance, which appeals to people who prefer a more urban feel.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
It’s above average on the street and in the neighbourhood—$259,000 versus averages of roughly $186,000–$187,000. Citywide, it falls below the $390,000 median, so it’s more affordable relative to Winnipeg as a whole. That local strength with citywide weakness can be a signal of a neighbourhood that’s undervalued compared to the broader market.
2. Is the living space small for this area?
Slightly. At 1,176 sqft, it’s bigger than the street average (986 sqft) but smaller than the neighbourhood average (1,299 sqft). You get more interior space than most homes directly on Pacific Avenue, but you’re below the median for West Alexander overall.
3. What’s the lot size situation?
The lot is 2,589 sqft, which is below average at the street, neighbourhood, and city levels. On Pacific Avenue, it’s about average; in West Alexander, it’s below; citywide, it’s in the bottom 6%. If you’re looking for a large yard, this isn’t it. But smaller lots often mean lower upkeep and can be more walkable.
4. How old is the house, and should I expect major repairs?
Built in 1977, it’s newer than roughly 93% of homes in the neighbourhood and 83% on the street. That doesn’t mean it’s problem-free—a 48-year-old house will have normal aging issues (roof, HVAC, windows). But you’re less likely to deal with knob-and-tube wiring, lead pipes, or foundation problems common in pre-1940s homes.
5. Why is the assessed value high locally but low citywide?
The home is in West Alexander, where property values tend to be lower than Winnipeg’s overall median. Within that context, this house is above average—it’s one of the more valuable homes in its immediate area. The citywide comparison just reflects that the neighbourhood itself is more affordable than many others.