Property Overview & Key Characteristics

This one-and-a-half storey home on Pacific Avenue in Brooklands is a classic Winnipeg character home built in 1913. Its primary appeal lies in its balance of historic charm and practical updates, most notably a renovated basement that adds functional living space. With a living area of 939 sq ft on a 2,593 sq ft lot, the home offers a manageable size that is very typical for its immediate street and the Brooklands neighbourhood. The property’s assessed value is modest relative to the citywide average, positioning it as an accessible entry point into the market.

The home would best suit first-time buyers or practical downsizers looking for a character property without the overwhelming scale or maintenance of a larger lot. Its size and layout are well-matched for individuals, couples, or small families. A thoughtful perspective for potential buyers is the value of its "average" metrics within the context of its street and area—it represents a stable, established part of the community without the premium or the challenges of being an outlier. The renovated basement is a key asset, offering immediate utility without the need for a major project.

Frequently Asked Questions

Q: What does "one-and-a-half storey" typically mean for this home?
A: This style usually features a main floor with principal living spaces and a second floor with sloped ceilings, often housing bedrooms. It's a classic Winnipeg design that maximizes space in a compact footprint.

Q: How does the lot size compare to others nearby?
A: The lot is just under 2,600 sq ft, which is very close to the average for Pacific Avenue itself. It’s a manageable size that provides outdoor space without demanding extensive upkeep.

Q: The home was built in 1913. What should I consider?
A: While the basement has been renovated, a home of this age will have character details but may also require attention to original components like windows, wiring, or plumbing. A thorough inspection is advised.

Q: Why is the assessed value significantly lower than the citywide average?
A: Assessed value is not market value. This lower assessment primarily reflects the home's smaller size, age, and the neighbourhood's overall valuation compared to newer or larger homes across Winnipeg. It often translates to a relatively lower property tax burden.

Q: The home sold recently in 2021. What can that price tell me?
A: The 2021 sale price provides a recent benchmark, but it should be considered in the context of the market conditions at that time. It’s a useful data point for understanding the property’s history, but current market value will be determined by present-day factors.