1409 Pacific Avenue W – Property Summary
Key Characteristics & Buyer Profile
This is a 1,050 sqft home built in 1922, sitting on a 4,271 sqft lot in Winnipeg’s Weston neighbourhood. Its standout feature is the land: the lot ranks in the top 8% on the street and top 16% in the area—significantly larger than nearby properties, which average around 2,925 sqft. The house itself is modest in size compared to citywide averages, but the living area is above average for Weston, where many homes are closer to 936 sqft. The assessed value of $172,000 is below average citywide (where the median is around $390,000) but sits near the middle for both the street and neighbourhood.
The appeal here is practical rather than flashy. A buyer gets a solid lot in an established area at a price point that’s accessible relative to the broader Winnipeg market. The home’s age (over 100 years) means it may have original character but also likely needs updating—something a renovation-minded buyer or someone looking to build equity through sweat equity would appreciate. It’s less suited for someone wanting a move-in-ready property without compromises, unless they’re comfortable with an older home’s quirks. Families or investors drawn to a larger yard in a central location might find this property worth a closer look, especially given the land-to-price ratio.
Five Possible FAQs
1. How does this home’s land size compare to others nearby?
The lot is 4,271 sqft, which is well above average for the street (2,925 sqft) and the neighbourhood (3,269 sqft). It ranks in the top 8% on Pacific Avenue and top 16% in Weston, so you’re getting a larger-than-typical yard for the area.
2. Is the assessed value a good indicator of market price?
The assessed value is $172,000, which is around average for this street and neighbourhood but well below the citywide average of $390,000. Keep in mind that assessed values are based on market conditions at a set date and don’t always reflect current demand or recent renovations. It’s a starting point, not a final price.
3. What’s the condition like for a home built in 1922?
The year built is older than most homes in the neighbourhood (average 1937) and much older than the citywide average (1966). A century-old home can have solid bones but often needs updates to wiring, plumbing, insulation, or roofing. A thorough inspection is really important here to understand what’s been modernized and what hasn’t.
4. Who would this property best suit—first-time buyers, investors, or families?
It could work for any of these, but it depends on tolerance for older-home maintenance. First-time buyers on a budget might get more house for their money in exchange for doing work. Investors could see value in the lot size for future development or rental potential. Families might appreciate the yard but should check school catchment and neighborhood amenities.
5. How does this home compare to others in Weston overall?
It’s a bit larger in living area than the neighborhood average (1,050 sqft vs. 936 sqft) and has a much bigger lot. The assessed value sits near the middle for the area, so it’s not overpriced relative to its peers. But citywide, it’s smaller and older than most—something to consider if you’re comparing it to newer subdivisions.