Property score
27.8
Below average
Overall 27.8 · Smaller and older than most nearby homes
648 sqft (bottom 2%) · Built in 1882 (44 yrs older than avg)
Located in a average-income area with median household income of ~46.8k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 15 dining spots, 3 schools, 1 healthcare facility, and 4 shops nearby
Living Area
Below average
52% smaller than neighborhood avg.
Year Built
Below average
44 yrs older than neighborhood avg.
Mother tongue
English · 57%Chinese · 2%
Past 10 years Centennial sales snapshot (~80% of all data)
128
215k
$120/sqft
1926
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27.8 is composed by the two sections below.
Property Score
Community Score
Centennial
How to read: Share of sales in each ~$50k price band for “centennial” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110071
$47K
Median household income
$61K
Average household income
40%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
45%
Single-person households
17%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
383 Pacific Avenue — 33 amenities found within 500 m, across 7 categories, including 15 dining (nearest 147 m), 3 education (nearest 260 m), 1 healthcare (nearest 451 m).
Centennial · WPS public data · 2026
Annual incidents
67
2026
vs. city avg
+127%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
51%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 12% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
383 Pacific Avenue is a compact, one-storey home built in 1882, situated on a modest lot in Winnipeg's Centennial neighbourhood. Its key appeal lies in its position as an entry-point property with very low municipal taxes, due to an assessed value significantly below city averages. The home is notably smaller in both living space (648 sqft) and land area than most comparable properties on its street, in the neighbourhood, and across Winnipeg.
This property would primarily suit a specific type of buyer: investors or handy owner-occupants looking for a minimal holding cost with plans to rebuild or extensively renovate. Its low price point is balanced by its age and size, suggesting it is a land-value play or a project home. A less obvious perspective is its potential for someone seeking ultimate simplicity and minimal upkeep in a central location, willing to live compactly. It is not suited for buyers seeking move-in-ready space, modern amenities, or a standard family-sized home.
Frequently Asked Questions
1. Why is the assessed value so much lower than the last sale price?
The 2019 sale price of $100k reflects the market value at that time, while the current assessed value of $10.10k is for municipal tax purposes. This large gap typically indicates the city's assessment is based primarily on the land value, with little value assigned to the aged structure itself, resulting in very low property taxes.
2. What does the "rank" data for land area and living area mean?
The rankings show this property is consistently below average in size compared to its peers. For example, for living area, it ranks 368th out of 375 homes in Centennial, meaning it is among the very smallest homes in the neighbourhood.
3. Is this a teardown property?
Given its age (144 years), very small size, and extremely low assessed value relative to its last sale price, the existing structure likely contributes little to the property's worth. Purchasers should budget and plan for a potential full rebuild or a major, foundational renovation.
4. Who would this property not be suitable for?
It is not suitable for first-time buyers needing a move-in-ready home, families requiring multiple bedrooms or space, or anyone averse to taking on a significant renovation or construction project. The living arrangement would be extremely compact.
5. What is the main financial advantage here?
The primary advantage is the exceptionally low annual property tax burden due to the low assessment. This makes holding the property while planning for the future—whether for renovation, rebuilding, or eventual resale of the land—very cost-effective from a tax perspective.
