1432 Pacific Avenue W – Summary
Key Characteristics & Buyer Profile
This is a 1,148 sqft home built in 1912 on a 2,506 sqft lot in the Weston neighbourhood of Winnipeg. Its assessed value is $159,000.
The property’s main appeal is its living space. At 1,148 sqft, it’s noticeably larger than the typical home on this street (where the average is 986 sqft) and well above the Weston neighbourhood average of 936 sqft. It ranks in the top 17% of the area for size. However, the land it sits on is tight—2,506 sqft is below the neighbourhood average of 3,269 sqft and well below the citywide norm. The home is over 110 years old, which places it among the older stock in the city (top 92% by age citywide), but this is fairly typical for the street and neighbourhood, where most homes date from the 1930s.
The assessed value is $159,000, which is below both the street and neighbourhood averages around $185,000. Citywide, this reflects a property priced well below the typical Winnipeg home (median $390,100). The low land value and older age likely anchor this assessment.
This property would suit a buyer looking for a relatively spacious older home in a modest, established neighbourhood without paying a premium for land. It’s a realistic entry point for someone who prioritizes interior square footage over yard space or a modern build. It may not suit buyers seeking a large lot, a newer home, or a property with strong upside in land value. Given its age and assessed value relative to the area, it could appeal to someone comfortable with an older structure who sees potential in the interior rather than the site itself.
Five FAQs
1. How does this home’s size compare to others nearby?
It’s above average for both the street and the Weston neighbourhood. At 1,148 sqft, it’s about 16% larger than the typical home on Pacific Avenue W and 23% larger than the neighbourhood average. Citywide, it’s slightly below the median for all homes but still in the top half.
2. The assessed value seems low—why?
The $159,000 assessment is lower than most homes on the street and in Weston (both averaging around $185,000). This is partly due to the smaller land area (2,506 sqft vs. about 3,000 sqft locally) and the home’s age (1912). Citywide, it’s in the bottom 5% of assessed values, reflecting that this is a genuinely affordable property by Winnipeg standards.
3. Is the land size a disadvantage?
Compared to the neighbourhood, yes—it’s about 23% smaller than the average lot in Weston. Citywide, it’s in the bottom 5% for land area. For someone who doesn’t need a large yard, this is less of an issue, but it may limit future expansion or resale appeal for buyers who prioritize outdoor space.
4. How old is the house, and is that a concern?
Built in 1912, it’s among the older homes in the area and the city. Many homes on this street were built in the 1930s, so it’s a bit older than the norm but not unusual for the street. Age can mean higher maintenance costs, but older homes in Winnipeg often have solid construction. A pre-purchase inspection is recommended to assess systems like wiring, plumbing, and foundation.
5. Who is this home best suited for?
First-time buyers or those on a tighter budget who want more living space than a condo or smaller bungalow would offer. It’s also a good fit for someone who values character and is prepared for the quirks of an older home, rather than someone expecting a turnkey modern property. The small lot and older age keep the price low, but the interior is roomy enough to live in comfortably.