1592 Pacific Avenue W

1592 Pacific Avenue W – Property Summary

Key Characteristics & Buyer Profile

This is a modest, older home in Winnipeg’s Weston neighbourhood, built in 1950. Its main appeal lies in affordability and relative value within the city. The assessed value sits at $190,000—around average for its street and neighbourhood, but well below the citywide median of $390,100. This makes it one of the more accessible options in Winnipeg’s broader market.

The trade-off comes in size. At 752 square feet of living space, it’s smaller than most comparable homes on its street, in the neighbourhood, and certainly citywide. The land is also compact at 2,488 square feet—again, below local and city averages. The house is older than most citywide (1950 vs. 1966 average), though not unusual for Weston itself, where many homes date from the 1930s.

The property suits buyers who prioritize a lower entry price over square footage or lot size. First-time buyers, those looking to downsize without leaving the city, or investors seeking a lower-cost rental in a working-class area may find it a realistic fit. It’s less suited to families wanting room to grow or anyone hoping for a large yard or modern finishes without significant renovation.

Frequently Asked Questions

1. How does this property compare to others in Weston?
It’s fairly typical for the area on assessment value and age, but smaller than most in both living space (752 sqft vs. 936 sqft neighbourhood average) and lot size (2,488 sqft vs. 3,269 sqft). It ranks in the bottom third for both locally.

2. Is the assessed value a good indicator of market price?
Not necessarily. Assessed value is a lagging indicator set by the city for tax purposes, not a current market valuation. That said, being at $190k while well under citywide average suggests it could be priced competitively, though condition, updates, and sale comparisons matter more.

3. What are the implications of the 1950 build year?
Homes from this era often have solid framing but may need updates to electrical, plumbing, insulation, and windows. It’s worth budgeting for potential upgrades, especially for energy efficiency. That said, many 1950s homes in Winnipeg are structurally sound.

4. How does the small lot size affect use?
At 2,488 sqft, the lot leaves limited room for additions, a garage, or extensive landscaping. It’s best suited for low-maintenance outdoor space. Buyers hoping to expand the footprint or build a detached structure should check zoning and setback rules carefully.

5. Who would be a bad fit for this property?
Anyone needing more than two bedrooms or open-concept living—given the square footage—or wanting a large yard, a modern layout, or a turnkey home without renovation. It’s also less ideal for buyers eyeing a major redevelopment, given the smaller lot.