Here is a clean, property-focused summary based on the data provided.
Property Summary: 740 Pacific Avenue
Key Characteristics & Buyer Profile
This 1910 home offers 1,210 sqft of living space on a 3,084 sqft lot. Its strongest feature is the living area, which is notably spacious for the street—ranking in the top 19% compared to neighbors who average just 986 sqft. The lot itself is also above average for the immediate street, though it falls short of wider neighborhood and city norms, which tend toward larger parcels.
The assessed value sits at $195k, right around the street and neighborhood averages, but well below the citywide median of $390k. This suggests the property is priced modestly relative to the broader Winnipeg market, while staying in line with local expectations. The 1910 build date is older than most citywide inventory (top 94% of homes are newer), though it fits reasonably well within the West Alexander neighborhood, where the average home was built in 1921.
Appeal & Suitability:
The property suits a buyer who values interior square footage over a sprawling yard. It offers more room inside than most homes on the block, without the premium assessed value that often accompanies larger citywide properties. It may appeal to someone looking for a character home (given the era) in a neighborhood where older builds are the norm, not the exception. Buyers should be comfortable with a compact lot and an older structure, which may require maintenance or updates consistent with a home of its age. It is less suited for someone seeking a newer build or a large outdoor space.
Frequently Asked Questions
1. How does the living space compare to other homes nearby?
On Pacific Avenue, this home is well above average. It ranks in the top 19% for living area on the street, offering 1,210 sqft versus the street median of 986 sqft. Within the West Alexander neighborhood, it is closer to average—ranking in the top 51%.
2. Is the assessed value high or low for the area?
It is very much in line with the immediate area. The assessed value of $195k is slightly above the street average of $186k and the neighborhood average of $187k. Compared to the rest of Winnipeg, however, it is significantly below average (top 92%), meaning the citywide median assessed home is worth nearly double.
3. What is the lot size like?
The lot is 3,084 sqft, which is above average for homes on Pacific Avenue but below average for the West Alexander neighborhood and well below the citywide norm. If you want a large yard, this property may feel tight.
4. How old is the home, and is that typical for the neighborhood?
Built in 1910, this home is older than the average home on its street (1936) and much older than the citywide average (1966). However, it is actually newer than the average home in the West Alexander neighborhood (1921), so its age is fairly typical for the broader area.
5. What does the ranking data actually mean for a buyer?
The rankings compare this specific home to other "comparable homes" within three scopes: the same street, the neighborhood (West Alexander), and the entire city of Winnipeg. A top 19% rank on the street for living area means it outperforms 81% of nearby homes in that category. The "fill color" tiers (red, blue, etc.) are visual indicators of whether the rank is above average, around average, or below average relative to peers.