1436 Pacific Avenue W – Property Summary
Key Characteristics & Buyer Profile
This is a 693 sqft home built in 1912, on a 2,045 sqft lot, with an assessed value of $129,000. The property sits well below average in size and value across its street (Pacific Avenue W), the Weston neighbourhood, and Winnipeg as a whole. Its living area ranks in the bottom 3% citywide, and its land area is among the smallest 1% of comparable homes. The assessed value is also low—about a third of the citywide average.
The appeal here is not in space or land, but in affordability and location within an established older neighbourhood. For a buyer who wants a modest, compact home in Weston without stretching their budget, this property offers a low entry point. It would suit a first-time buyer, someone looking to downsize significantly, or an investor interested in a lower-cost property in a mature area. The year built (1912) places it among older homes on the street, which may appeal to buyers who appreciate character and older construction, but also means potential upkeep considerations.
Frequently Asked Questions
1. How does this property compare to others on the same street?
It ranks near the bottom for living area (#276 of 323), assessed value (#265 of 323), and land area (#298 of 323). Its year built is slightly older than the street average (1912 vs. 1936). On the street, it’s one of the smaller, lower-value homes.
2. What does the assessed value mean in practical terms?
The assessed value of $129,000 is a benchmark for property taxes, not market price. It’s well below the street average ($186,200) and the citywide average ($390,100). This suggests lower property taxes relative to most homes, but also reflects the home’s small size and modest lot.
3. Is the small lot a limitation?
Yes. At 2,045 sqft, the lot is in the bottom 1% citywide. This limits options for additions, a garage, or significant outdoor space. However, it also means lower maintenance and a smaller footprint to manage—something certain buyers may prefer.
4. What should a buyer know about a home built in 1912?
Older homes often have different construction standards, materials, and systems. While they can offer solid bones and character, buyers should budget for potential updates to wiring, plumbing, insulation, and foundation work. A thorough inspection is strongly recommended.
5. How does the neighbourhood (Weston) compare to the rest of Winnipeg?
Weston homes tend to be older and smaller than the citywide average. The neighbourhood average living area is 936 sqft, and the average assessed value is $184,700—well below Winnipeg’s overall figures. This property fits the neighbourhood profile but is on the smaller, lower-value end even within Weston.