Property Overview & Appeal
This one-storey home on Pacific Avenue in Brooklands is defined by its generous, above-average lot size within a context of modest living space. Its primary appeal lies in the balance between its renovated basement, detached garage, and the potential inherent in its substantial 3,900 sqft land parcel—a rarity for the area. The home suits practical buyers looking for a solid foundation to build upon, whether that means enjoying the updated interior as-is or viewing the property as a long-term investment in the land itself. It’s a property that prioritizes outdoor space and future potential over immediate square footage, making it ideal for a first-time buyer comfortable with a cozy footprint, an investor, or someone seeking a manageable property with room to grow outdoors.
Key Questions & Considerations
1. How does the lot size compare to others?
The 3,900 sqft lot is a standout feature, placing in the top 11% for size on Pacific Avenue itself. It offers significantly more outdoor space than many neighbouring properties.
2. What is the actual living space like?
At 657 sqft, the main living area is compact, placing it below average for the street, neighbourhood, and city. This indicates a home where efficient use of space is key, and the renovated basement likely provides crucial additional functional area.
3. What does the assessed value indicate?
With an assessed value above average for the street but below average citywide, it reflects a property that is valued appropriately within its immediate, more affordable context rather than the broader Winnipeg market.
4. Is the home older or newer for the area?
Built in 1952, it is notably newer than many homes on its street (where the average year built is 1936), suggesting potentially fewer concerns related to very aged infrastructure compared to some direct neighbours.
5. What is the recent sales history?
The home sold in late 2021 for $20,700k, which was above its previous 2016 sale price. This recent sale provides a concrete, modern benchmark for its market value in the current era.