Property Overview: 1908 Pacific Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Brooklands presents a compelling blend of space, modernity, and value. Its primary appeal lies in its generous 3,115 sqft lot, which is notably larger than most on its street and in the neighbourhood, offering ample outdoor potential. The home itself is a manageable 990 sqft bungalow, recently updated with a renovated basement, and is complemented by a detached garage. Built in 1978, it is a newer construction compared to many homes in the immediate area, which often date back to the mid-20th century.
This property would suit first-time buyers or downsizers looking for a low-maintenance, single-level layout with room to grow outdoors. It’s also a smart option for value-conscious buyers or investors, as the recent sale price significantly outperforms neighbourhood averages, suggesting a strong perceived value for the lot and updates. A less obvious angle is its appeal to those who prioritize a newer building envelope and mechanical systems (from 1978) over historic character, potentially reducing near-term repair costs compared to much older area homes.
Section 2: Frequently Asked Questions
1. How does the lot size compare practically?
The lot is in the top 27% on its street and top 60% in Brooklands. At over 3,100 sqft, it provides substantial extra yard space compared to the area average, ideal for gardening, play, or adding a deck or shed.
2. The assessed value seems low compared to the sale price. Why?
The municipal assessed value ($30.8k) is for taxation purposes and is often significantly lower than market value. The recent sale at $350k, which ranks in the top 5% for the neighbourhood, reflects the current market valuation based on the home’s condition, lot size, and recent renovations.
3. What does the "newer" 1978 build year mean for maintenance?
While not new, a 1978 build is notably younger than many area homes. This can mean more modern wiring, plumbing, and insulation standards than pre-1960s houses, potentially leading to lower immediate update costs.
4. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its current compliance with local regulations if considering rental income.
5. How does the living space feel for a family?
At 990 sqft of above-ground living area, the home is compact but efficient. The renovated basement effectively doubles the usable space, making it functional for a small family or those who need a home office or recreational room.