1660 Pacific Avenue W – Property Summary
Key Characteristics and Buyer Profile
This is a compact, early-20th-century home (built 1917) with 610 square feet of living space on a 2,479-square-foot lot. Its assessed value is $135,000. The property is notably small by all local standards—ranking in the bottom 1% citywide for living area and the bottom 4% for lot size. Its value assessment follows a similar pattern, falling well below city and neighborhood averages.
The appeal here is not in space or modern updates, but in affordability and entry point. For a buyer looking to get into the Winnipeg market with a low upfront cost, this property offers a foothold that few others can match. It would likely suit a first-time buyer with limited budget, an investor seeking a low-cost renovation project, or someone willing to trade square footage for a lower purchase price. The age of the home (107 years old) means character—but also means systems and structure will need attention. This is not a move-in-ready home for someone expecting contemporary finishes or generous room sizes. It fits a buyer who values location and price over living area, and who has realistic expectations about maintenance.
Five Possible FAQs
1. How does the assessed value compare to similar homes in the area?
At $135,000, this property is below the average on its street ($186,200) and well below the neighborhood average ($184,700). Citywide, it sits in the bottom 2% for assessed value among comparable homes. This reflects the small size and likely age-related condition, not necessarily a poor location.
2. Is the living area unusually small for a home of this era?
Yes. At 610 square feet, it is smaller than 97% of comparable homes on Pacific Avenue and 99% citywide. Many homes from the 1910s in Winnipeg are larger, so this unit is an outlier even for its vintage. It may have been built as a small cottage or workers’ home.
3. What kind of land does the property sit on?
The lot is 2,479 square feet—below average for the street, neighborhood, and city. It ranks in the bottom 24% on its street and bottom 17% in the area. This limits expansion possibilities without a variance, but keeps yard maintenance minimal.
4. How old is the home, and is that a concern?
Built in 1917, the home is older than 88% of properties citywide. While age can mean solid construction, it also often means outdated electrical, plumbing, and insulation. A thorough inspection is recommended, especially for foundation and roof condition.
5. Would this property be suitable for an investment or rental?
Possibly, but the small size and age could limit both rental income and resale appeal. It may appeal to a tenant looking for a low-cost, no-frills unit, but comparable rentals in the area are likely larger. The low assessed value could mean lower property taxes, which helps cash flow, but renovation costs may offset that advantage.