1553 Pacific Avenue W – Property Summary
Key Characteristics & Who It Suits
This is a 1,388-square-foot home built in 1911 on a 2,474-square-foot lot, located in the Weston neighbourhood of Winnipeg. Its standout feature is interior space: the living area ranks in the top 8% on its street and top 6% in the neighbourhood, well above the local averages of 986 and 936 square feet respectively. Citywide, it falls around the median for living area, meaning you get notably more room than most homes in the immediate area without exceeding what’s typical across the city.
The assessed value is $215,000—above average for the street and neighbourhood (top 26% and 23%), but well below the citywide average of $390,100. This is a home where you’re paying a premium relative to the immediate block, but still getting a comparatively low price tag citywide. The land is small (bottom 16% on the street, bottom 15% in the neighbourhood), which limits outdoor space but keeps the lot easier to maintain.
The property would suit a buyer who values indoor square footage and character (a century home) over a large yard or a modern build. It’s a reasonable fit for someone looking for a relatively affordable entry into a neighbourhood where homes tend to be smaller—or for a buyer who wants more interior space than typical for the area, without the citywide price tag that usually comes with it. The 1911 construction means older systems and potential maintenance, but also a chance to own a home with history and established character.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
It’s above average for Pacific Avenue W and Weston, ranking in the top quarter on both levels. But compared to the city as a whole, it’s in the bottom 10% by value, which reflects both the neighbourhood’s pricing and the smaller lot size.
2. Is the small lot a concern for resale?
It could be for some buyers who want a large yard, but the trade-off is that the house itself is larger than most nearby. In areas where older homes sit on bigger lots, the small footprint here might limit certain buyers. On the other hand, lower maintenance and a more compact outdoor space appeal to those who don’t want a big garden or driveway.
3. What’s the significance of the 1911 build year?
The home is older than 69% of houses on its street and 79% in the neighbourhood. Citywide, it’s older than 93% of comparable homes. That means you’re looking at a century home, which can come with higher utility costs, potential knob-and-tube wiring, foundation concerns, and lead paint—but also solid construction, tall ceilings, and historical detailing that newer builds often lack.
4. Is this a good value compared to other options in Winnipeg?
It depends on your priorities. You’re paying $215,000 for 1,388 square feet, which is below the citywide average price per square foot when you factor in the typical home size. That said, the lot is small and the age is high, so you’re getting interior space at a discount relative to newer, bigger-lot homes. If square footage matters more than curb space or a modern floor plan, it’s likely a solid buy.
5. How does the living area rank if I’m looking for a family home?
At 1,388 square feet, you’re getting more room than almost any other home on this street or in Weston, where the average is under 1,000 square feet. Citywide, it’s around the middle. For a family that needs three bedrooms and a decent living area without an enormous footprint, this is on the larger side for the neighbourhood—but not oversized by Winnipeg standards.