1620 Pacific Avenue W

1620 Pacific Avenue W – Property Summary

Key Characteristics & Buyer Profile

This is a 720 sqft home built in 1927 on a 2,483 sqft lot in the Weston neighbourhood of Winnipeg. Its assessed value sits at $164,000.

The appeal here is primarily entry-level affordability. The property ranks poorly for living area (top 81% on the street, top 95% citywide) and land size (top 73% on the street, top 96% citywide), meaning you’re getting a compact home on a small lot. However, its assessed value is around average for the street and neighbourhood—suggesting the price reflects the modest size rather than being inflated. The year built (1927) is also average for the area, meaning you’re not paying a premium for an older home or getting a bargain on something unusually dated.

This property would suit a first-time buyer, an investor looking for a low-cost entry into the market, or someone who prioritizes location over square footage. The land is small enough that expansion options are limited, so it’s not ideal for someone planning major renovations or a growing family. A less obvious angle: homes in this size and price range often appeal to buyers who want to avoid the premium for a “turnkey” newer build and are willing to put sweat equity into updating an older property—without overpaying for the lot itself.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
The $164,000 assessment is slightly below the street average of $186,200 and the neighbourhood average of $184,700. It ranks in the top 59% on the street and top 60% in the neighbourhood, meaning it’s roughly average for the immediate area—neither a standout bargain nor overpriced relative to its peers.

2. Is this considered a small lot for Winnipeg?
Yes. At 2,483 sqft, the lot is below average for the street (2,925 sqft), the neighbourhood (3,269 sqft), and significantly below the citywide average (6,570 sqft). It’s in the bottom 4% citywide for land area, so you should expect a compact yard with limited room for additions or large outdoor structures.

3. What condition is a 1927 home typically in?
The year built is average for the street and neighbourhood, but the property is older than most citywide (top 84% of homes are newer). A home of this age will likely have older mechanical systems, wiring, and plumbing unless updated. Foundation and roof condition are worth a close look. The data doesn’t indicate whether renovations have been done, so you’d need to verify that in person.

4. What does “Top 81%” or “Top 95%” actually mean for living area?
These rankings show how the property compares to others in the same category. A ranking of “Top 81% on the street” means it’s larger than 19% of homes on Pacific Avenue W (i.e., 81 out of 100 homes are bigger). “Top 95% citywide” means it’s larger than only 5% of homes across Winnipeg—so it’s genuinely compact. The bar fill and colour are visual shortcuts for this comparison.

5. Why are the citywide rankings so much lower than the street or neighbourhood rankings?
Because the citywide pool includes all housing types across Winnipeg—many larger homes in newer suburbs with bigger lots. The street and neighbourhood comparisons are more relevant for this property, as they only include comparable homes in the same area. The citywide stats highlight that this is a smaller, older, lower-value property relative to the broader market, which is expected for this price point.