1451 Pacific Avenue W – Property Summary
1. Key Characteristics & Ideal Buyer Profile
This is a 1925-built home with 897 square feet of living space on a 2,478-square-foot lot. Its assessed value is $154,000.
Where the appeal lies: The property sits near the middle of its street and neighbourhood in terms of size, age, and value—solidly average for the immediate area. The real gap is with citywide averages: the home is smaller, older, on a smaller lot, and assessed well below typical Winnipeg figures. For someone who wants to be in Weston without paying a premium for citywide trends, this avoids the trade-off of buying at a peak. The lot is compact, which often means lower maintenance and yard work compared to sprawling suburban lots, while still being a standalone property on Pacific Avenue.
What type of buyers it would suit: First-time buyers looking for an entry point in an established neighbourhood where comparable homes are not oversized or overvalued. Also suitable for someone who values a walkable street grid and older character over newer construction. Buyers willing to invest sweat equity or updates may find the assessed value leaves room for improvement. Not ideal for someone seeking a large yard, modern square footage, or quick resale in a citywide comparison.
2. Five Possible FAQs
1. How does the living space compare to similar homes nearby?
It’s around average for the street and neighbourhood—ranked in the top 55% on Pacific Avenue and top 51% in Weston. Citywide, it is below average, since many Winnipeg homes exceed 1,300 square feet.
2. The assessed value is $154,000. Is that low for the area?
It’s below the street and neighbourhood averages of roughly $185,000–$186,000, placing it in the top 67% for both. Across Winnipeg, it sits in the top 97% (i.e., lower than most city homes). This can be an advantage for property taxes relative to nearby comparables.
3. The land area is 2,478 sqft. Is that considered small?
Yes. It is below average on the street, well below the neighbourhood average of 3,269 sqft, and far below the citywide average of 6,570 sqft. It ranks in the bottom quarter of its street and bottom fifth of the neighbourhood. Expect a compact lot with less outdoor space.
4. The home was built in 1925. Are there common concerns with older homes?
Yes—older homes may have original plumbing, electrical, insulation, or foundation conditions that require attention. The year built ranks near the middle of the street and neighbourhood (top 47% and 57% respectively), so it is not unusually old for Weston. Citywide, it is older than 85% of homes, so systems and upgrades should be reviewed closely.
5. What does “rank by bar fill and tier” mean in the data?
The bar fill length shows what percentage of comparable homes you outperform in that category. The colour tier (red, blue, amber, gray) groups the rank into performance levels. For example, a top 84% rank for living area citywide means the home is larger than 84% of city homes in that category—a strong fill. A top 97% rank for assessed value means it is lower than 97% of city homes, which is a weaker fill.