449 Pacific Avenue

Centennial, Winnipeg

Property score

56.2

Fair

Overall 56.2 · Newer than most nearby homes

1,120 sqft (bottom 37%) · Built in 1986 (60 yrs newer than avg)

Located in a average-income area with median household income of ~52.8k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 3 schools, 1 healthcare facility, and 4 shops nearby

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Above average

60 yrs newer than neighborhood avg.

Mother tongue

English · 56%Tagalog · 11%

Past 10 years Centennial sales snapshot (~80% of all data)

Sold Count

128

Median price

215k

$/sqft

$120/sqft

Avg build year

1926

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Property score

56.2 is composed by the two sections below.

Property Score

60.6Fair
Living Area1,120 sqft60Fair
Year Built198678Good
Lot Size3,825 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

49.7Low
Household Income58Fair
Education Level44Low
Housing Stress52Fair
Core Housing Need25Low
Employment Health42Low

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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

Population (2021)581
Labour force participation rate44%
Median age29.6
Avg household size3.0
Unemployment rate7%
Population density2905 / km²

Households & income

Low income (LIM-AT, % pop.)41%
Single-person households28%
Couple families with children21%
Median household income (2020)$53K

Housing

Renter households71%
Condominium dwellings5%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority50%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 56%
Mother tongue (2nd)Tagalog · 11%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,120 sqft
0255075100
Same streetTop 29%Same areaBottom 37%CitywideBottom 42%
Same street · Pacific Avenue
#94 / 323
Top 29% · Avg 986 sqft
Same area · Centennial
#238 / 375
Bottom 37% · Avg 1,348 sqft
Citywide · Winnipeg
#112,617 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
187k
0255075100
Same streetTop 47%Same areaTop 32%CitywideBottom 7%
Same street · Pacific Avenue
#151 / 323
Top 47% · Avg 186.2k
Same area · Centennial
#120 / 375
Top 32% · Avg 167.9k
Citywide · Winnipeg
#181,684 / 194,458
Bottom 7% · Avg 390.1k

Year Built

above average
1986
0255075100
Same streetTop 12%Same areaTop 14%CitywideTop 27%

Lot Size

above average
3,825 sqft
0255075100
Same streetTop 17%Same areaTop 25%CitywideBottom 23%

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

449 Pacific Avenue — 22 amenities found within 500 m, across 6 categories, including 4 dining (nearest 222 m), 3 education (nearest 261 m), 1 healthcare (nearest 317 m).

Search radius
🍽️Dining4
🏫Education3
🏥Healthcare1
🛒Shopping4
🌳Parks8
Worship2

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

Sold 11/2021CA$200k–250k
Sold price

Same street

Top 22%

Same area

Top 12%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 449 Pacific Avenue, Winnipeg

Property Overview & Key Characteristics

This two-storey home at 449 Pacific Avenue in Winnipeg's Centennial neighbourhood presents a practical opportunity. Built in 1986, it is notably newer than most homes on its street and in the wider area, suggesting potentially fewer major age-related concerns. The 1,120 sqft living space is comfortably sized for the locale, while the 3,825 sqft lot is generous for the neighbourhood, offering above-average outdoor space. A key feature is the renovated basement, adding functional living area. The home lacks a garage and pool, keeping maintenance simpler.

Its appeal lies in its balance of a newer build on a larger lot within an established community. It suits first-time buyers seeking a manageable entry into homeownership, or practical downsizers looking for a low-maintenance property without sacrificing yard space. The very low assessed value indicates this is a budget-conscious option, likely appealing to those prioritizing land and building condition over size or luxury finishes. A thoughtful perspective is that its newer construction relative to its peers could mean more modern wiring, plumbing, and insulation, offering hidden efficiency benefits not always found in character homes.


Frequently Asked Questions

1. Why is the assessed value so much lower than the last sale price?
The assessed value ($18.7k) is for municipal tax purposes and is not a market valuation. The sale price ($23.5k in 2021) reflects the actual market value at that time. In Winnipeg, assessed values typically lag behind and differ from current market prices.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, permits, and whether it includes legal secondary suites or simply finished living space.

3. How does the lack of a garage affect daily living?
This means all parking will be on-street or via a driveway if one exists (not specified). Buyers should consider winter parking bans, vehicle security, and storage for tools or seasonal items that would typically go in a garage.

4. The home is newer than neighbours, but what about the neighbourhood's overall age?
While the house is from 1986, Centennial is one of Winnipeg's oldest neighbourhoods, with many homes dating back to the early 1900s. This offers established tree canopies and character, but infrastructure like streets and mature trees may reflect the area's age.

5. Is the large lot a benefit for future expansion?
The lot size is well above average for the street. This could provide valuable outdoor space, garden potential, or room for future additions like a garage or deck, subject to local zoning and permit approvals.

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