Property Summary: 1443 Pacific Avenue W
Key Characteristics & Buyer Profile
This is a 1,056-square-foot home built in 1913, located in Winnipeg’s Weston neighbourhood. The property sits on a 2,478-square-foot lot with an assessed value of $166,000.
Where its appeal lies: The home offers above-average living space for the neighbourhood (ranking in the top 27% locally) at a price point that sits below the citywide average. For buyers who prioritize indoor square footage over lot size, this property delivers more room than most nearby homes, without carrying the premium attached to newer or larger-lot properties in other parts of the city. The assessed value ranks in the bottom 4% citywide, which may appeal to buyers who see value in older, established areas where prices haven't yet climbed.
Who it suits: First-time buyers looking for a manageable entry point into homeownership, particularly those who don’t need a large yard or outdoor space. It would also work for someone who wants to invest in an older home in a neighbourhood where similar properties have held their value relative to street and area averages. Buyers comfortable with a 1913 build—who appreciate what that era offers in terms of character or are prepared for the maintenance that comes with it—will find this property aligns well. It’s less suited for someone seeking a larger lot, a newer build, or a home that immediately compares with citywide property values.
Five Frequently Asked Questions
1. How does the living space compare to other homes in the area?
It’s above average in Weston. The home’s 1,056 square feet is roughly 120 square feet more than the neighbourhood median of 936 square feet, and it ranks in the top third of similar homes nearby. On Pacific Avenue specifically, it’s about 70 square feet larger than the street average of 986.
2. What does the assessed value tell me about this property?
The $166,000 assessment is fairly typical for both the street and neighbourhood, where averages sit around $185,000. But compared to the citywide average of $390,000, it’s significantly lower. That gap isn’t unusual for older homes in this part of town, and it suggests the property is reasonably priced relative to its immediate area, not overvalued against the city as a whole.
3. Is the lot size a concern?
It’s smaller than average. The 2,478-square-foot lot is below both the street average (2,925 square feet) and the neighbourhood average (3,269 square feet). At the city level, it’s in the bottom 4% for land area. If you want space for gardening, a workshop, or expansion, this may feel tight. But for someone who values indoor space and doesn’t need a big yard, it likely won’t be an issue.
4. What should I know about a home built in 1913?
It’s older than most. On the street, the average year built is 1936; citywide, it’s 1966. A home of this age can offer solid construction and character details you won’t find in newer builds, but it may also have outdated systems (electrical, plumbing, insulation) that need updating. A thorough inspection is important, particularly for foundation, roof, and knob-and-tube wiring.
5. How does this property compare to others on Pacific Avenue?
It sits near the middle of the pack for age and assessed value, but above average for interior size, which makes it a decent fit for buyers who want a little more room without paying a premium. The trade-off is the smaller lot, which ranks in the bottom quarter on the street. It’s not an outlier in any direction—just a solid, practical choice in a specific price and size range.