1629 Pacific Avenue W – Property Summary
Key Characteristics and Buyer Profile
This is a 1912-built home with 822 square feet of living space on a 1,858-square-foot lot. The assessed value is $202,000. The property sits in the Weston neighbourhood of Winnipeg.
The main appeal here is affordability relative to citywide averages. The assessed value is roughly half the citywide median of $390,100, which puts it in the bottom decile citywide—but it ranks stronger locally: in the top third of both the street and the neighbourhood. This suggests the home is priced competitively for its immediate area, even if it’s a low-cost property by broader city standards.
The living space (822 sqft) is slightly below both street and neighbourhood averages. The land is notably small—among the smallest on the street (top 98%) and in the neighbourhood (top 99%)—which could be a drawback for buyers wanting yard space, but also keeps upkeep low.
The year built (1912) means the home is older than most nearby (neighbourhood average is 1937), and well older than the citywide average of 1966. Buyers should expect the maintenance realities of a century-plus home: potentially older wiring, plumbing, foundation, and insulation. That said, older homes in Weston often have solid bones and character that newer infill lacks.
This property suits buyers who:
- Are budget-conscious and want to enter the market at a lower price point.
- Don’t need a large lot or extensive living space.
- Are comfortable with or interested in an older home’s character and quirks.
- Are looking in Weston specifically, where the property performs better relative to its peers than it does citywide.
Five Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
At $202,000, it’s above the street average ($186,200) and the neighbourhood average ($184,700). So by local standards it’s slightly above typical, even though it’s well below the citywide average.
2. Is the lot size unusually small?
Yes. The lot is 1,858 sqft, which ranks in the bottom 2% on the street and bottom 1% in the neighbourhood. Most nearby lots average around 2,925 sqft on the street and 3,269 sqft in the area. Citywide, the average lot is over 6,500 sqft, so this is a compact city lot.
3. How old is the property, and what should I watch for?
Built in 1912, it’s older than most homes on the street (average 1936) and in the neighbourhood (average 1937). Key areas to inspect include the electrical system (often outdated in pre-1940s homes), plumbing, foundation condition, and whether the windows and insulation have been updated. Some older homes in Weston still have original knob-and-tube wiring.
4. Is the living area below average for the area?
Slightly. The home has 822 sqft, while the street average is 986 sqft and the neighbourhood average is 936 sqft. It’s not dramatically smaller, but it’s below typical for both the immediate street and the broader area.
5. How does this property compare to others citywide?
It ranks in the bottom 10% for living area and assessed value citywide, and bottom 8% for year built (i.e., older). The lot size is in the bottom 1% citywide. In short, it’s a smaller, older, lower-value property by Winnipeg standards—but it’s priced accordingly, and its local rankings are more favourable.