Here is a concise summary of the property at 1486 Pacific Avenue W, formatted for direct webpage display.
Key Characteristics & Buyer Fit
This is a 1,240 sqft home built in 1929 on a 2,502 sqft lot in the Weston neighborhood. Its main appeal is value relative to its immediate surroundings. While the home is older and smaller than the citywide average, it ranks in the top 16% for living space and top 19% for assessed value on its own street. This suggests it is a well-maintained or slightly above-average home in a more modest pocket of the city.
The assessed value of $236k is significantly below the citywide average of $390k, which means lower property taxes and a lower entry price. However, the lot is notably small—falling in the bottom 5% citywide—which limits expansion potential.
This property best suits budget-conscious buyers who prioritize space and stability over modern finishes and large yards. It would work well for a first-time buyer who wants more interior square footage than a condo or starter home offers, or for an investor looking for a solid rental in a stable, established area. It is less suited for someone seeking a large lot, a newer build, or a home that tracks closely with citywide market averages.
Five Possible FAQs
1. How do the property taxes compare to others nearby?
Taxes should be relatively low for the area. The home’s assessed value is above the street and neighborhood averages ($186k and $184k, respectively) but well below the citywide average. This means you are paying for a home that is considered above-average locally but is not taxed at a premium citywide rate.
2. Is this area considered up-and-coming?
The data does not show trends, only current rankings. Weston is an older, established neighborhood (the average home was built around 1937). The property ranks in the top 10% for living space within Weston, suggesting it is a stronger asset in a neighborhood that is more stable and affordable than high-growth or luxury areas.
3. Can I add an addition or build a garage?
The lot is 2,502 sqft, which is very small by city standards (bottom 5%). This is the property’s biggest constraint. Check local zoning for minimum setbacks and lot coverage limits. Major expansions or a detached garage may be difficult or impossible without a variance.
4. How competitive is the market for this type of home?
Moderately competitive for the price point. The home is above-average for its street and neighborhood, which attracts buyers looking for a good deal within a specific budget. However, the older construction year and small lot size narrow the pool of interested buyers compared to a move-in-ready, newer property.
5. Should I be concerned about the 1929 construction?
Not necessarily, but be prepared for systems that may be older. A home of this age is common in Weston (the area average is 1937). Focus the inspection on the foundation, electrical, plumbing, and whether windows and insulation have been updated. The upside is that a 1929 home often has better bones and more solid framing than post-war builds.