1476 Pacific Avenue W

1476 Pacific Avenue West – Property Summary

Key Characteristics & Buyer Profile

This is a 1926-built home with 656 sqft of living space on a 2,503 sqft lot, currently assessed at $191,000. The property sits in Winnipeg’s Weston neighbourhood.

Its main appeal is value. The assessed price sits around average for the street and neighbourhood, and well below citywide averages. The living area is compact—ranking in the bottom 2% citywide—but the smaller footprint keeps costs manageable. The lot is also smaller than typical for the area, which again works in favour of affordability.

This suits a buyer who prioritizes low entry cost over space. First-time buyers, people looking for a starter home, or investors seeking a lower-cost entry into Weston could find this worthwhile. It’s less suited to families needing room to grow or anyone expecting a large yard. The age and size mean maintenance and upgrades are likely—this isn’t a turnkey property, but it offers a foothold in a neighbourhood where comparable homes are priced moderately.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
At $191k, it’s close to the street average of $186.2k and neighbourhood average of $184.7k. Citywide, where the average is $390k, it’s well below—but that’s typical for a smaller, older home in this part of Winnipeg.

2. Is the living area considered small for the area?
Yes. At 656 sqft, it ranks in the bottom 9% on its street, bottom 13% in Weston, and bottom 2% citywide. It’s a compact home—functional for one or two people, but limited for larger households.

3. What’s the lot size and how does it compare?
The lot is 2,503 sqft, which is below the street average of 2,925 sqft and well below the citywide average of 6,570 sqft. It’s a smaller piece of land, so yard space is modest.

4. How old is the property, and is that a concern?
Built in 1926, it’s older than most homes citywide (average year built is 1966). On its street and in Weston, the age is more typical—averages there are 1936 and 1937. Older homes can mean charm and character, but also potential for older systems and maintenance needs. A thorough inspection is smart.

5. How does this property rank overall in Winnipeg?
It sits in the top 2% for affordability (low assessed value), top 2% for smallest living area, and top 5% for smallest lots. The year built is in the top 15% oldest citywide. In short: it’s a low-cost, small, older home—a specific fit, not a general one.