543 Pacific Avenue

Centennial, Winnipeg

Property score

46.7

Below average

Overall 46.7 · Older than most nearby homes

1,434 sqft (top 33%) · Built in 1882 (44 yrs older than avg)

Located in a below-average income area with median household income of ~39.2k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 8 dining spots, 2 schools, 1 healthcare facility, and 3 shops nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Below average

44 yrs older than neighborhood avg.

Mother tongue

English · 60%Tagalog · 9%

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

46.7 is composed by the two sections below.

Property Score

52.3Fair
Living Area75
1,434 sqftGood
Year Built5
1882Low
Lot Size28
2,603 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

38.4Low
Household Income35
Low
Education Level34
Low
Housing Stress63
Fair
Core Housing Need50
Fair
Employment Health28
Low

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: #46110176

Community deep dive

$39K

Median household income

$60K

Average household income

38%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.1

P90 / P10 ratio

48%

Single-person households

17%

Families with children

Population, labour & age

Population (2021)722
Labour force participation rate45%
Median age36.4
Avg household size2.5
Unemployment rate16%
Population density2187 / km²

Households & income

Low income (LIM-AT, % pop.)38%
Single-person households48%
Couple families with children17%
Median household income (2020)$39K

Housing

Renter households68%
Condominium dwellings5%
Median dwelling value (owners)$180K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority39%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Tagalog · 9%

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

Rankings

Living Area

above average
1,434 sqft
0255075100
Same streetTop 6%Same areaTop 33%CitywideTop 34%
Same street · Pacific Avenue
#18 / 323
Top 6% · Avg 986 sqft
Same area · Centennial
#122 / 375
Top 33% · Avg 1,348 sqft
Citywide · Winnipeg
#66,145 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
217k
0255075100
Same streetTop 24%Same areaTop 14%CitywideBottom 11%
Same street · Pacific Avenue
#79 / 323
Top 24% · Avg 186.2k
Same area · Centennial
#53 / 375
Top 14% · Avg 167.9k
Citywide · Winnipeg
#173,536 / 194,458
Bottom 11% · Avg 390.1k

Year Built

below average
1882
0255075100
Same streetBottom 2%Same areaBottom 14%CitywideBottom 1%

Lot Size

around average
2,603 sqft
0255075100
Same streetTop 41%Same areaBottom 19%CitywideBottom 7%

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

543 Pacific Avenue — 23 amenities found within 500 m, across 6 categories, including 8 dining (nearest 179 m), 2 education (nearest 118 m), 1 healthcare (nearest 344 m).

Search radius
🍽️Dining8
🏫Education2
🏥Healthcare1
🛒Shopping3
🌳Parks6
Worship3

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 9/2024CA$200k–250k
Sold price

Same street

Top 19%

Same area

Top 8%

City-wide

Bottom 22%

Related homes

Highlights & common questions: 543 Pacific Avenue, Winnipeg

Property Overview

This one-and-three-quarter storey home, built in 1882, presents a distinct opportunity in Winnipeg's Centennial neighbourhood. Its primary appeal lies in its generous 1,434 sqft living area, which ranks well above average for its street, offering more interior space than most comparable homes nearby. The property sits on a 2,603 sqft lot. It features a basement, though it is not renovated, and does not include a garage or pool. Recent data shows it sold for $24,800 in September 2024, with an assessed value of $21,700.

This home would suit a specific type of buyer: someone looking for a character home with good interior space relative to its immediate area, who is prepared for the realities of an older structure. It is likely a project property, ideal for a hands-on buyer interested in history and potential, rather than someone seeking a move-in-ready modern home. Its value proposition is rooted in its spacious interior for the locale and its very low price point, which trades modern amenities and updated systems for land and footprint in an established area.


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 sloped ceilings (following the roof line) and potentially dormer windows, creating full-height rooms in the center but with reduced headspace near the exterior walls.

2. The assessed value seems very low. Why is that?
The assessed value is for taxation purposes and is often significantly lower than market sale prices, especially for older homes. The recent sale price of $24,800 is a more accurate reflection of its current market value.

3. What are the main considerations with a home built in 1882?
Buyers should prioritize inspections for foundational integrity, wiring, plumbing, and insulation. While it offers charm and history, maintenance and potential upgrades (like the unrenovated basement) will be central considerations. Its age is notably older than almost all homes on its street and in the city.

4. How does the lot size compare?
At 2,603 sqft, the lot is around average for Pacific Avenue but below average for both the wider Centennial neighbourhood and the city overall. This suggests the home's value is more in its interior space than in its outdoor land area.

5. There's no garage. Is street parking readily available?
The listing notes no garage. Prospective buyers should visit the street at different times to assess on-street parking availability, which is common in older neighbourhoods, and check for any permit requirements or restrictions.