Property Overview

This 1925 one-and-three-quarter storey home on Pacific Avenue in Brooklands presents a practical and spacious option within a mature Winnipeg neighbourhood. Its key appeal lies in the combination of above-average interior space and a renovated basement on a standard city lot, offering solid value.

Key Characteristics & Ideal Buyer

The home's most notable feature is its generous 1,302 sqft of living area, which ranks well above average for both its immediate street and the broader Brooklands area. This suggests a layout that is more spacious than many neighbouring properties. It is complemented by a renovated basement, adding functional living space. The detached garage and a land area of 2,697 sqft are typical for the locale. The assessed value sits above average for the street, indicating a perception of solid worth in its direct context.

This property would suit a first-time homebuyer or a practical-minded investor looking for a character home with updated fundamentals (the basement) and more interior room than is commonly found in the price range. It also appeals to those who value a stable, established neighbourhood over a large yard, as the lot size is standard for the area but modest by city-wide standards. A thoughtful perspective is that while the home is century-old, its above-average size and renovation touch point to a history of functional utility and adaptation rather than pure preservation.

Frequently Asked Questions

1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes if considering rental income potential.

2. How does the assessed value relate to the likely sale price?
The home last sold in 2016 for $23.3k and is now assessed at $25.2k. In Winnipeg, assessed value is for municipal tax purposes and is typically lower than market value. The sale price will be determined by current market conditions.

3. What are the implications of the home's age (built in 1925)?
While offering classic character, a home of this age will likely have older infrastructure. A thorough inspection is crucial to understand the condition of major systems like wiring, plumbing, and the foundation, which may need updating.

4. The living area is large for the area, but the lot is average. What does this mean?
This suggests the house footprint utilizes the lot efficiently, providing more indoor living space relative to outdoor space. It’s a good fit for buyers who prioritize interior square footage over extensive gardening or outdoor recreation areas.

5. How does this property rank for value in the broader city?
While its assessed value ranks above average on its own street, it ranks below average (Top 82%) city-wide. This highlights Brooklands as a more affordable Winnipeg neighbourhood, where this property represents a comparatively spacious offering within that market segment.