Property Overview: 1984 Pacific Avenue W, Brooklands, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home on a notably generous lot in Winnipeg's Brooklands neighbourhood. Built in 1956, its key feature is a 3,900 sqft land area, which is significantly larger than most lots on its street and in the immediate area. The home itself is modest in size at 672 sqft of living space and includes a renovated basement and a detached garage.
Its primary appeal lies in its land value and potential. The large lot offers ample outdoor space, room for expansion, or future development, presenting a clear value proposition for the price. The renovated basement adds functional living space. It suits practical buyers looking for an entry point into the market with a strong asset—the land—or those seeking a manageable, low-maintenance home with room to grow outdoors. It’s a property where the value is more grounded in the parcel of land and its possibilities than in the existing footprint of the house.
Section 2: Frequently Asked Questions
1. Is the large lot size typical for the area?
No. The 3,900 sqft lot ranks in the top 11% on Pacific Avenue W, where the average is about 2,925 sqft. It offers more outdoor space than most neighbouring properties.
2. How does the home's size compare to others?
The 672 sqft living area is compact, placing it below the average for both the street and the broader city. This indicates a cozy, efficient layout rather than a spacious one.
3. What does the assessed value indicate?
The $19,100 assessed value is close to the street average. It’s important to note this is for municipal tax purposes and is distinct from market value, which is influenced by recent sales, condition, and lot potential.
4. Are there any recent comparable sales?
The home itself sold for $220,000 in April 2022. This sale price was above average for the street at that time, suggesting the market recognized a premium for its attributes.
5. What is the neighbourhood context like?
Located in Brooklands, the property sits among similar vintage homes. The data shows it has a newer build year than many on its street, but it is generally in line with the age profile of the wider neighbourhood.