Property score
59.0
Fair
Overall 59.0 · Larger than most nearby homes
1,928 sqft (top 10%) · Built in 1894 (32 yrs older than avg)
Located in a average-income area with median household income of ~52.8k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 9 dining spots, 3 schools, 1 healthcare facility, and 3 shops nearby
Living Area
Above average
43% larger than neighborhood avg.
Year Built
Below average
32 yrs older than neighborhood avg.
Mother tongue
English · 56%Tagalog · 11%
Past 10 years Centennial sales snapshot (~80% of all data)
128
215k
$120/sqft
1926
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Property score
59.0 is composed by the two sections below.
Property Score
Community Score
Neighbourhood Sales
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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110070
Community deep dive
$53K
Median household income
$60K
Average household income
41%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
28%
Single-person households
21%
Families with children
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
around averageYear Built
around averageLot Size
above averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
407 Pacific Avenue — 27 amenities found within 500 m, across 6 categories, including 9 dining (nearest 152 m), 3 education (nearest 334 m), 1 healthcare (nearest 386 m).
Crime & Safety
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%
Sales History
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 40% | Top 42% | Bottom 6% |
407 Pacific Avenue · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 407 Pacific Avenue, Winnipeg
Property Overview
This one-and-three-quarter storey home, built in 1894, presents a unique opportunity in Winnipeg's Centennial neighbourhood. Its primary appeal lies in its generous 1,928 sqft of living space, which ranks in the top 1% for size among similar homes on its street and the top 10% in the broader neighbourhood. The property sits on a 3,644 sqft lot, offering above-average outdoor space for the area. While the home retains its original character—evident in its unrenovated basement and age—its assessed value is notably modest compared to city-wide averages. This creates a specific value proposition: significant interior space and a large lot at a very accessible price point, albeit in a home that requires modernization.
It would best suit a hands-on buyer looking for a project—perhaps a renovator, an investor seeking a value-add opportunity, or a family needing ample room who is willing to trade modern finishes for square footage and potential. Its low assessed value also makes it a candidate for those with a tight budget but a desire for a character home in an established area. A less obvious perspective is that its standout living area and land size, relative to its immediate peers, suggest a property that was once a substantial home for its street, offering a chance to restore a piece of the neighbourhood's architectural history.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common architectural style for older Winnipeg homes. It typically means the second floor has full-height ceilings at the front, but the ceilings slope with the roofline at the back, creating some rooms with cozier, angled ceilings. It maximizes space efficiently.
2. The assessed value seems very low. Why is that?
The assessed value is for municipal tax purposes and is influenced heavily by recent sale prices of comparable properties and the home's condition. This figure suggests the home is valued primarily for its land and structure in its current, unrenovated state, not for modern amenities or finishes.
3. Is the unrenovated basement a major concern?
It depends on your plans. It indicates the home's systems and foundational spaces are likely original. A professional inspection is essential to understand the condition of the foundation, plumbing, and electrical systems. It represents both a potential cost and a blank canvas for a future renovation.
4. How does the lot size compare?
At 3,644 sqft, the lot is larger than most in the Centennial neighbourhood (top 26%), offering more private outdoor space than many nearby properties. This is a key asset for gardening, play, or future additions like a deck or garage.
5. The home is very old. What should I consider?
Its 1894 construction means it has character but may also have outdated wiring, plumbing, and insulation. While it has stood for over a century, any renovation or update should be planned with an understanding of older building materials and methods. Energy efficiency upgrades are likely a priority for modern comfort.